E Fund Management
Corporate brand
UnclaimedA major Chinese asset-management company offering mutual funds and other investment-management services.
Last updated October 9, 2026
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Overview
E Fund Management is a Chinese asset-management company established on 17 April 2001 and headquartered in Guangzhou, Guangdong. It operates under the E Fund brand and is described in reference material as one of China's largest, and in some accounts the largest, asset-management companies. Its principal business is investment management, with public mutual funds forming a central part of its offering and separately managed or private wealth-management services also associated with the company. The business serves investors in mainland China and has an international presence through its Hong Kong subsidiary. The company was formed by a group of Chinese financial institutions. Its initial shareholders included GF Securities, Guangdong Yuecai Trust, Guangdong Securities, Chongqing International Trust, Tianjin Trust and Northern International Trust. This founding structure placed E Fund within the development of China's modern fund-management industry, which expanded as the country's capital markets and regulated collective-investment sector matured. Ownership changed during the company's early history. In 2004, Midea Group acquired shares from Tianjin Trust and Northern International Trust. Midea later increased its holding to 25% in 2005 after acquiring the stake formerly associated with Guangdong Securities, which was subsequently liquidated. In 2007, Midea transferred its entire interest to Infore Group. Reference material identifies He Jianfeng, the son of Midea Group founder He Xiangjian, as the person considered to own Infore Group; the available material does not establish a current ultimate ownership structure for E Fund Management, so that relationship should not be treated as a definitive current parent-company designation. E Fund expanded its international structure in 2008 by establishing E Fund Management (Hong Kong) Co., Limited. The Hong Kong entity gave the organization a base for cross-border investment-management activity and complemented its mainland Chinese fund business. No complete product or geographic inventory is available in the supplied sources, but the company is broadly associated with public funds, fund-management mandates and private or account-based wealth-management services. One of the company's best-known products is the E Fund Blue Chip Selected Mixed Fund, a mixed fund focused on blue-chip equity investment. The fund reportedly had approximately US$8.3 billion in assets under management in April 2023. It produced a reported 95% return in 2020, which drew substantial investor subscriptions, before declining by 10% in 2021 and 16% in 2022. These figures describe the performance of that individual fund over the cited periods rather than the results of E Fund Management as a whole. E Fund Management remains an active financial-services brand. Its role is primarily that of a regulated investment manager rather than a consumer-facing bank or listed operating company. Because the supplied reference material provides limited detail on current executives, detailed corporate governance, total firm-wide assets, ownership percentages after 2007, and the full range of active products, those areas remain incomplete in this dossier.
History
E Fund Management was established on 17 April 2001 in Guangzhou, China. Its original shareholder group comprised GF Securities, Guangdong Yuecai Trust, Guangdong Securities, Chongqing International Trust, Tianjin Trust and Northern International Trust. The company emerged during the expansion of China's regulated fund-management sector and developed into a major asset-management organization. The shareholder structure changed during the following years. In 2004, Midea Group purchased interests from Tianjin Trust and Northern International Trust. In 2005, Midea increased its ownership to 25% by acquiring the stake associated with Guangdong Securities, which was liquidated that year. Midea subsequently transferred its entire interest to Infore Group in 2007. He Jianfeng, the son of Midea Group founder He Xiangjian, has been described in the reference material as the person considered to own Infore Group. The supplied sources do not provide sufficient information to confirm E Fund's current ultimate ownership or control structure. In 2008, E Fund created E Fund Management (Hong Kong) Co., Limited. The subsidiary marked an international extension of the organization and provided a Hong Kong platform for activities connected with cross-border investment management. E Fund's business is principally associated with public mutual funds, while its broader services include investment-management mandates and private or account-based wealth-management activities. The E Fund Blue Chip Selected Mixed Fund is identified as a flagship offering. It is a mixed fund with a blue-chip investment orientation. The fund reportedly managed about US$8.3 billion in April 2023. Its reported return was 95% in 2020, followed by declines of 10% in 2021 and 16% in 2022. The sequence illustrates the difference between a product's historical performance and the broader financial condition of its manager; the available material does not provide firm-wide performance or assets under management. E Fund Management continues to operate as an active Chinese asset manager. Public information supplied for this entry is limited regarding the current board and executive team, current ownership, precise regulatory structure, complete product catalogue and consolidated financial data. Those omissions prevent a more detailed account of present-day corporate governance and operations without additional authoritative sources.
- 2023
Blue-chip mixed fund reaches reported scale
[1]The E Fund Blue Chip Selected Mixed Fund was reported to have approximately US$8.3 billion in assets under management in April 2023.
- 2008
Hong Kong subsidiary established
[1]E Fund Management established E Fund Management (Hong Kong) Co., Limited.
- 2007
Midea transfers its interest to Infore Group
[1]Midea Group transferred its entire stake in E Fund Management to Infore Group.
- 2005
Midea raises its holding
[1]Midea increased its ownership to 25% after acquiring the stake associated with Guangdong Securities.
- 2004
Midea acquires shareholder interests
[1]Midea Group acquired E Fund shares previously held by Tianjin Trust and Northern International Trust.
- 2001
Company established
[1]E Fund Management was established on 17 April 2001 with six initial institutional shareholders.
Products and positioning
A large, diversified Chinese investment-management house with a strong public-mutual-fund franchise and cross-border capability through Hong Kong.
Mixed mutual fund
E Fund Blue Chip Selected Mixed Fund
A flagship E Fund mixed fund with a blue-chip investment orientation. The fund attracted substantial subscriptions after a reported 95% return in 2020. It subsequently recorded reported declines of 10% in 2021 and 16% in 2022. The fund was reported to have approximately US$8.3 billion in assets under management in April 2023. These figures concern the individual fund and are not firm-wide E Fund results.
Investment funds
Public mutual funds
E Fund Management's public-fund business is a core part of its identity as a Chinese asset manager. The supplied material indicates that the company offers public funds, but does not provide a complete list of current fund families, strategies or assets.
Wealth management
Private wealth-management and separately managed services
The company is also associated with private wealth-management and account-based investment-management services. Available references do not specify the full legal scope, client segmentation or current product catalogue for these activities.
Controversies
2013
Fund manager Ma Xide prosecuted and suspended from post
In April 2013, E Fund announced that Ma Xide had been prosecuted for personal conduct and that his case had been heard in court, was on bail pending trial, and decided to suspend him from his position as fund manager. This entry records the criminal proceedings based on the company's statement that year and does not treat the prosecution or media-reported amounts as a court conviction.
Brand decisions
2008
Expand through a Hong Kong subsidiaryStrategyBackground
E Fund sought an overseas platform alongside its mainland Chinese asset-management operations.
Action taken
The company established E Fund Management (Hong Kong) Co., Limited.
Aftermath
The move created a Hong Kong-based presence for the group's cross-border investment-management activities.
Recent events
- Unconfirmed
Reported
Seven actively managed ETFs established[4]
The report says seven of the first 15 actively managed ETFs that had completed fundraising were established, with a combined scale of 14 billion yuan. It identifies products under E Fund, JPMorgan Asset Management (China), and Fullgoal Fund among those that had been established and had started building positions.
- Unconfirmed
E Fund announces a RMB 200 million subscription to its ETF[5]
E Fund announced that it would use RMB 200 million of its own funds to subscribe to E Fund Quality Balanced Actively Managed ETF on the first day of its offering period.
Reported
Bank of Communications launches fund advisory platform[6]
Bank of Communications launched a fund advisory service platform for individual customers, with three pilot fund advisory institutions able to manage investments and adjustments based on customer mandates.
Sources6 sources
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