The stock market is not only a market for trading stocks, there are many kinds of assets that can be invested in stock exchanges. When we look at the stock market, we may not quite understand the meaning of some investment target names, such as medical ETF. Do you know what medical ETF means?

What does medical ETF mean?

Medical ETF is an index fund that tracks medical index. The full name is Huabao Securities Medicine ETF(5 12 170), which is the English abbreviation of transactional open-end fund. ETF is an open-end fund that can be listed and traded, and is usually used to track stock indexes. Fund companies will allocate ETF assets according to the stocks in the index to make the trend of ETF highly consistent with the performance of the index.

The index tracked by the medical ETF is the CSI medical index. Listed companies whose business involves medical devices, medical services, medical informatization and other medical topics are selected from the listed companies in the medical and health industry in Shanghai and Shenzhen A shares as sample stocks to reflect the overall performance of the stocks of listed companies with medical topics. The index code is 399989.