China Unicom ETF subscribes according to the amount, and the interest generated during the subscription period will be converted into fund shares. The fund rose by -0.98% in June, ranking 183/253 among its peers, and rose by -6.52% in March, ranking 232/257 among its peers. The upper limit of its stock weight is 20%, which is the highest among similar funds. It takes into account the needs of diversification of indicators and improves the weight exposure of leading enterprises. Compared with LOF fund, Unicom ETF has smaller tracking error and higher redemption efficiency, and will not cause redemption impact to existing holders. China Unicom ETF is also one of the most active funds in the secondary market, which supports T+0 transactions and is also the object of secondary financing.
Because the opening quota is limited, the fund company needs to be approved to meet the subscription demand. China Unicom is a volatile theme fund, which has a strong correlation with the Nasdaq market. The downward trend of US stocks has a greater impact on this fund.