The first CSI A50 ETF in the market was established, and 10 broad-based ETFs raised a total of nearly 17 billion and continued to attract funds_Funds_Financial Channel Home_Financial Network-CAIJING.COM.CN

The first CSI A50 ETF in the market was established, and 10 broad-based ETFs raised a total of nearly 17 billion and continued to attract funds_Funds_Financial Channel Home_Financial Network-CAIJING.COM.CN

2024-03-04 08:21:27

On March 4, Ping An CSI A50 ETF announced its official establishment. This is also the first CSI A50 ETF in the market to announce its establishment.

Sources from many company channels have stated that it is expected to be listed for trading as early as mid-March.

In fact, the first batch of 10 CSI A50 ETFs can be described as “accelerating” from issuance to establishment.

On February 2, the first batch of CSI A50 ETFs filed by E Fund, Huatai-PineBridge, Wells Fargo Fund, Dacheng Fund, Ping An Fund, Yinhua Fund, Huabao Fund, Harvest Fund, ICBC Credit Suisse Fund and J.P. Morgan Asset Management were approved for establishment by the China Securities Regulatory Commission. .

On February 19, the first trading day of the Year of the Dragon, the first batch of 10 CSI A50 ETFs, regarded as a new model of the A-share “Nifty 50”, was officially launched.

On March 1, all 10 products ended their fundraising, with a total subscription scale of nearly 17 billion yuan. Among them, four products under J.P. Morgan Asset Management, Ping An Fund, Dacheng Fund and Huatai-PineBridge Fund have completed their fundraising ahead of the holiday and started proportional placement with a subscription amount of more than 2 billion yuan. It can be said to be a rare “hot item” in the market in recent times. fund.

It is worth mentioning that the competition for the issuance of 10 CSI A50 ETFs is fierce, and some companies are also increasing publicity to highlight their innovations. For example, Morgan CSI A50 ETF has added a unique quarterly mandatory dividend mechanism.

According to Qian Jing, the fund manager of Ping An CSI A50 ETF, the reason why CSI A50 ETF is favored by the market as the A-share version of the “Beautiful 50” and is selling so well is because it uniquely combines the essence of traditional market value selection with the concept of industry balance. And introduced ESG investment principles for the first time. The index selects 50 industry leaders. These companies not only have strong bargaining power and long-term competitiveness, but also rank among the top in market value in their respective industries.

Li Qian, the proposed fund manager of Huatai-PineBridge CSI A50ETF, said that the leaders in various industries covered by CSI A50ETF are important results of China’s economic transformation and development and industrial structure upgrading. Under the resonance of the three factors of the inventory cycle and the dislocation of the Sino-US economic cycle, the allocation of core assets is significantly attractive.

Dacheng Fund believes that for ordinary investors who want to efficiently allocate China’s high-quality assets and keep up with China’s economic development, CSI A50 is an ideal long-term investment choice.

As the A-share market continues to rebound recently, the shares of many ETF funds have also continued to grow, and funds have continued to pour in.

According to Wind statistics, in the first two months of this year, the share of broad-based ETFs increased by more than 150 billion, with a net inflow of nearly 350 billion yuan. Among them, the A-share core index represented by the CSI 300 and SSE 50 Index had a net inflow of 227.5 billion yuan and 25.9 billion yuan respectively. From a product perspective, there are three broad-based ETFs with a scale exceeding RMB 100 billion.

Entering March, 1/6 of 2024 has passed. Boshi Fund believes that the most pessimistic time for the market has passed. Looking forward to the next ten months of 2024, I am optimistic regarding the iteration and innovation capabilities of listed companies.

Editor/Xu Nannan

(Fund announcement, wind data)

(Editor: Xu Nannan)

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