In recent years, many unicorn enterprises have been born in the Internet field in China, and many enterprises have listed overseas. CSI Overseas China Internet 50 RMB Index is one of the indices reflecting the comprehensive trend of these enterprises, which is referred to as China Internet for short. So what are the Internet index funds in China?

What are the Internet index funds in China?

In the venue, the fund tracking the China Internet Index is called China Internet with the code of 5 13050. The full name of the fund is E Fund China Internet 50ETF, which is both an ETF fund and a QDII fund. Investors can also invest in China Unicom through OTC channels. E Fund is linked to RMB A(006327) overseas, which is an ETF linked fund. Most of the funds are used to invest in ETFs in the market, and a small part can be actively configured.

By the second quarter of 2020, the top ten components of CSI Overseas China Internet 50 RMB Index mainly include Tencent Holdings, Alibaba, Meituan Review, JD.COM, Pinduoduo, Baidu, Netease, Good Future, Ctrip and Ali Health. Among them, Tencent Holdings and Alibaba account for half of the Internet in China. According to the position information released by E Fund in the second quarter of 2020, the positions of Tencent Holdings and Alibaba are 32.22% and 27.37% respectively, accounting for about 60% of the total.