I personally recognize this fund ~
Previously, a number of indexes including SSE 180 Index, SSE 50 Index, CSI 300 Index, Small and Medium Board Index, SSE Dividend Index, CSI 100 Index and SZSE 100 Index all became the targets of index funds.
In view of the fact that there are as many as 900 constituent stocks in the Shanghai Composite Index, this index fund will operate by sampling and tracking. It is understood that Huitianfu has equipped a professional quantitative investment team for the fund to achieve effective tracking of the benchmark index, and the daily average tracking error target will be less than 0.35%. However, before the official issuance, the company has not disclosed the sampling method and the number of sample shares.
The data shows that the Shanghai Composite Index started at the end of 1990 and has gone through the history of 19. It is the oldest index in the new China stock market and the most direct and convenient weather vane representing the growth of China's economy and capital market, which is well known to investors. The international mainstream media and research institutions also regard the Shanghai Composite Index as the main index reflecting the China stock market. As of March 2009, during the period of 19 since the launch of the Shanghai Composite Index, the yield of the Shanghai Composite Index was as high as 2273 5438+0%, which was the highest increase index in the same period in the world. If an investor invests 100 yuan on the day when the Shanghai Composite Index 1990 starts, he has already obtained a net investment income of nearly 220,000 yuan. The Hang Seng Index in Hong Kong ranked second only rose by 342.7% in the same period, while the Standard & Poor's 500 ranked tenth rose by 14 1.74%.
According to another introduction, the subscription rate of Huitianfu Shanghai Stock Exchange Index Fund is only 0.8%, which is one of the index funds with the lowest rate.