, China Merchants , which has been deeply rooted in the field of index investment for many years, has ushered in a new member. At the end of October, China Merchants CSI 1000 Enhanced Strategy ETF (Fund Code: 159680) was approved and issued from November 9 to 15! With the expansion of the index family, China Merchants Fund will better meet investors' investment needs for efficient and convenient layout of core assets.
Investment Fund Enhancement Strategy ETF is here!
html At the end of October, the public offering market ushered in good news. 13 enhanced strategy ETF products submitted by 13 fund managers including China Merchants Fund have been approved.
This means that the number and coverage of index-enhanced ETFs continue to expand, meeting diverse needs for investors.
. China Merchants Fund plans CSI 1000 Enhanced Strategy ETF on the one hand is value investment. It is reported that the characteristics of CSI 1000 Index small-cap growth stocks make the index's beta attribute stronger. With the advantages of profits, valuation, etc., the index still has corresponding investment value.
In addition, China Merchants Fund has rich experience in index investment. Among its index legion, many high-performing fund managers emerged, such as the low-key and powerful Wang Ping, Cai Zhen, etc.
Now, the "New Army" Investment Merchants CSI 1000 Enhanced Strategy ETF (Fund Code: 159680) is led by Wang Ping and Cai Zhen, which is worthy of investors' expectations.
Investor CSI 1000 Enhancement Strategy ETF was approved
0 Investor Fund Index Family has added another new army!
On October 28, information from the China Securities Regulatory Commission website showed that 13 enhanced strategy ETF products submitted by multiple fund managers, including China Merchants Fund, have been approved. This is the fund company has once again laid out related products after the first batch of five enhanced strategy ETF products were approved in January last year.
From a time perspective, it has only been 7 days since these products submitted their application materials, which is very fast.
. China Merchants Fund's layout is due to the low valuation of the index, China Merchants Fund Index enhances its rich fund management experience.
It is reported that the CSI 1000 index selects 1,000 securities with small scale and good liquidity other than the CSI 800 index sample as the index sample, which is exactly the best complement to the index indexes such as the CSI 300 and CSI 500.
At the same time, the average market value of CSI 1000 Index component stocks is smaller than that of GEM , CSI 300, etc. Wind data shows that as of September 16, the total market value of the CSI 1000 Index was 11.47 trillion yuan, the average market value of in stock was 11.4 billion yuan, while the average market value of the CSI 300 was 157.1 billion yuan.
In addition, compared with the Shanghai and Shenzhen 300 and CSI 500 index , CSI 1000 has shown strong elasticity in the past, and may be able to better grasp the opportunities brought by the market rebound. This can be seen from its historical trend. Since December 31, 2004, basic period As of September 30, 2022, compared with the Shanghai and Shenzhen 300 and CSI 500 index, the CSI 1000 index has achieved relatively considerable excess returns, with a cumulative increase of 512.49%. During the same period, Shanghai and Shenzhen 300 index rose by 278.98%, and the CSI 500 index rose by 471.41%. (Data source: Wind; December 21, 2004 to September 30, 2022. The index's past performance does not represent future performance.)
From the perspective of this type of product itself, multiple "buff" tools are added. Enhanced Strategy ETF is an innovative ETF product in my country. It is a powerful alliance of "index enhancement + ETF". While passively tracking the index, it has added an active management strategy.In addition to the powerful attributes of
, the enhancement strategy ETF has many advantages compared to the over-the-counter index enhancement funds. For example, investment can be made through primary market subscription and redemption or secondary market transactions, fund trading is more flexible and convenient, and transaction cost is lower
In addition, its source of income can be divided into two parts, one is the return brought by the rise and fall of the index itself; the other is the excess return obtained on the basis of actively selecting stocks.
Investment Fund stated that after the future innovative products are "piloted to conventional", it will help further enrich the types of stock ETF products and promote the innovative development of equity funds. Enhanced ETFs have the dual attributes of index enhancement and passive ETFs, meet investors' diversified investment needs, strive to create more value for investors that exceeds the index, and will also help bring incremental funds to capital market .
Strength Wang Ping and Cai Zhen steer
Enhanced strategy ETFs rely on index tracking, while also testing the investment and research capabilities of fund managers, while Wang Ping and Cai Zhen of China Merchants Fund are good at this.
China Merchants CSI 1000 Index enhanced (Class A: 004194; Class C: 004195), data shows that from its establishment from March 3, 2017 to September 30, its net share value growth rate was 38.12%, and the benchmark yield for the same period was -25.91%, compared with the benchmark yield for the same period, the excess return of the benchmark yield for the same period reached 64.03%, and was rated by China Merchants Securities 5-year ★★★★★★★★★. (Source of performance: Fund 3Quarter Report; Rating data source: China Merchants Securities. Rating results do not represent the prediction of the product's future performance, nor should they be regarded as the suggestion of investment fund .) While tracking the index, it achieved returns beyond the underlying index through quantitative enhancement, and achieved "enhancement" of the index.
▲ Source: Fund's third quarter report, as of 2022 to September 30. The fund's past performance does not represent its future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of the performance of this fund.
China Merchants Fund Index Legion escort
If a fund wants to achieve good returns, in addition to the strength of the fund manager, the team behind it also plays a crucial role.
As an old fund company, while China Merchants Fund has long been making active investments, it has long begun to make layouts in the index investment field.
As early as 2010 and 2011, China Merchants Fund successively laid out two ETF products - China Merchants Shanghai Stock Exchange Consumer 80 ETF and China Merchants Shenzhen Stock Exchange TMT50 ETF. From the current perspective, these are the two sectors that were born in the domestic blue-chip stock and growth stocks.
Since then, it has been continuously improved in the field of index investment.
Nowadays, China Merchants Fund, which has been engaged for many years, has established a "one-stop index investment toolbox". China Merchants Fund Index Corps has fully covered A shares , bond , commodity and overseas markets, including a variety of core broad-based indexes, industry indexes, special theme indexes, bond index , strategy index , etc., forming a multi-level, full-category, cross-market product series. Among its team members, there are many powerful fund managers, such as Wang Ping. As the pioneer of quantitative investment in in the public fund industry, Wang Ping has been working hard in the index field and has performed well in the management of products. Wang Ping's representative work is the Quantitative Selected Stock A (001917), which outperformed the performance benchmark by more than 100 percentage points since its establishment. This time, we jointly manage the CSI 1000 Enhanced Strategy ETF with Cai Zhen, and look forward to bringing more surprises in "enhanced".
Funds are risky, and investment must be cautious. The past performance of fund managers managing products does not represent the future. The above views, views and ideas are judged based on the current market conditions and may change in the future.Investors should carefully read fund legal documents such as "Fund Contract", "Recruitment Prospectus", and "Product Information Summary" to fully understand the risk-return characteristics of fund products. On the basis of understanding the product situation and listening to the appropriate opinions of sales institutions, make independent decisions on fund investment and choose appropriate fund products based on their own risk tolerance, investment period and investment goals.
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