As the name implies, GEM index funds are based on specific indexes (such as Shanghai and Shenzhen 300 Index, Nasdaq 100 Index, etc. ) as the underlying index, and take the constituent stocks of the index as the investment target.

A fund product that builds a portfolio by purchasing all or part of the constituent stocks of the index to track the performance of the underlying index. Generally speaking, the purpose of index fund is to reduce the tracking error, make the change trend of portfolio consistent with the underlying index, and thus obtain the expected rate of return roughly the same as the underlying index.

Extended data

Tian Hong Growth Enterprise Market ETF Connection (00 1592), Southern Growth Enterprise Market (002656), Guangfa Growth Enterprise Market ETF Connection (003765), ICBC Growth Enterprise Market ETF Connection (005390), Jianxin Growth Enterprise Market ETF Connection (005873), Huaxia Growth Enterprise Market ETF Connection (006248) and Yingyong Growth Enterprise Market (000).

The rate of return since its establishment = (2.198-1)1×100% =1/9.8%.

The fund rate of return here is calculated according to (current accumulated fund net value-initial net value)/initial net value.

Reference source

Baidu Encyclopedia-Gem Index