What are the securities ETF funds?
At present, only four securities ETFs have been issued in the fund market, namely, 5 12880 issued by cathay pacific fund, 5 12000 issued by Warburg Fund, 5 12900 issued by southern fund, 5 12570 issued by E Fund, and Huaxia Fund will/kloc-in August. The indexes tracked by the four ETFs are all CSI indexes of securities companies.
Among the above four securities ETFs, Cathay Securities refers to the securities ETF5 12880, which is the earliest and largest one. With the first-Mover advantage gained in the ETF industry in the past few years and the low valuation of the financial securities industry, it attracted institutional investors, and the market circulation share was stable at more than1000 billion, and it was the first to break through1000 billion on July 25th.
The other three ETFs, Huabao CSI Quan Zhi Securities ETF, Southern CSI Quan Zhi Securities ETF and E Fund CSI Quan Zhi Securities ETF, have 4157 million shares,194.4 million shares and 3 1.8 1 10,000 shares respectively, and the latter is less than 30 million yuan.
Since the beginning of this year, the performance of securities ETFs has risen sharply. Thanks to active trading activities, the securities market has ushered in valuation repair. As for whether the market can rise with the trend because of the securities ETF, it still depends on the subsequent start-up situation.