Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What does the Shanghai and Shenzhen 300 dividend etf mean?
What does the Shanghai and Shenzhen 300 dividend etf mean?
The full name of dividend ETF is the dividend trading open index securities investment fund of Shanghai Stock Exchange. The dividend index of Shanghai Stock Exchange refers to the index that brings together stocks with high dividend yield, stable dividend, certain scale and good liquidity, and the fund directly invests in the index.

At present, OTC dividend etfs such as Huatai Bairui Shanghai Stock Exchange Dividend ETF Fund 5 10880, ICBC Shenzhen Stock Exchange Dividend ETF 159905, Jing Shun Great Wall Dividend Low Volatility ETF 100, CSI Dividend ETF and Bonus ETF Boss include: ICBC Shenzhen Stock Exchange Dividend Linked ETF and Guo Fu CSI Dividend Index Enhancement.

Extended data:

Transactional open-end index fund, commonly known as exchange-traded fund (ETF), is an open-end fund with variable fund share, which is listed and traded on the exchange.

Transactional open-end index fund is a special type of open-end fund, which combines the operating characteristics of closed-end fund and open-end fund. Investors can buy or redeem fund shares from fund management companies, and at the same time, they can buy and sell ETF shares in the secondary market at market prices like closed-end funds.

However, the purchase and redemption must use a basket of stocks for fund shares or use fund shares for a basket of stocks. Because there are both secondary market transactions and subscription and redemption mechanisms, investors can carry out arbitrage transactions when there is a difference between the market price of ETF and the net value of fund units. The existence of arbitrage mechanism makes ETF avoid the common discount problem of closed-end funds.

According to different investment methods, ETFs can be divided into index funds and actively managed funds. Most foreign ETFs are index funds. ETF launched in China is also an index fund.

ETF index fund represents the ownership of a basket of stocks, which refers to the index fund that is traded on the stock exchange like stocks, and its trading price and fund share net value trend are basically consistent with the tracked index.

Therefore, investors buying and selling an ETF is equivalent to buying and selling the index it tracks, and can get basically the same income as the index. Usually, it adopts a completely passive management mode, aiming at fitting an index, which has the characteristics of both stocks and index funds.

superiority

Diversify investment and reduce investment risks.

Passive portfolio usually contains more goals than general active portfolio. The increase in the number of targets can reduce the impact of the fluctuation of a single target on the overall portfolio, and at the same time, it can reduce the fluctuation of the portfolio through the different effects of different targets on market risk.

It has the characteristics of both stocks and index funds.

(1) For ordinary investors, ETFs can also be split into smaller marketing unit and traded in the secondary market of the exchange like ordinary stocks.

(2) If you earn the index, you will make money, and investors will no longer have to study stocks and worry about stepping on stocks; Before 20 10, there was no short-selling mechanism in China's securities market, so there was a situation of "losing money when the index fell". On April 20 10, stock index futures were opened. Since February 5, 20 1 165438, seven ETF funds have been included in the margin financing and securities lending scope. )