Previously, multiple indexes including the SSE 180 Index, SSE 50 Index, CSI 300 Index, Small and Medium Enterprises Index, SSE Dividend Index, CSI 100 Index, and SZSE 100 Index have become the targets of index funds.
Given that there are currently as many as 900 constituent stocks in the Shanghai Stock Exchange Index, this index fund will operate in a sampling and tracking manner.
It is understood that China Universal has equipped the fund with a professional quantitative investment team to achieve effective tracking of the benchmark index, and the daily average tracking error target will be less than 0.35%.
However, the company has not yet disclosed the sampling method and number of sample stocks before the official issuance.
Data show that the Shanghai Composite Index was launched at the end of 1990 and has gone through 19 years. It is the oldest index in the securities market of New China and the most direct and convenient weathervane representing the growth of China's economy and capital market.
, is well known to investors, and international mainstream media and research institutions also regard the Shanghai Composite Index as the main index reflecting the Chinese stock market.
As of March 2009, in the 19 years since the launch of the Shanghai Composite Index, the return rate of the Shanghai Composite Index has been as high as 2273.21%, which is the highest-growing index in the world during the same period. If an investor had invested 10,000 yuan on the day the Shanghai Composite Index was launched in 1990,
At present, he has gained nearly 220,000 yuan in net investment income.
Hong Kong's Hang Seng Index, ranked second, rose only 342.7% during the same period, and the S&P 500, ranked tenth, rose 141.74%.
It is also reported that China Universal Shanghai Stock Exchange Index Fund subscription fee is only 0.8%, which is one of the lowest fee index funds.
Is it a national unit?