SSE 38 Index mainly focuses on the growth of emerging blue-chip stocks, to reflect the overall performance of a number of listed companies with moderate scale, good growth and strong profitability, other than traditional blue-chip stocks. Its constituent stocks have the following characteristics:

1) The industry coverage is high, and the high-growth style is obvious. According to the industry classification standard of CSI Index Company, there are currently 25 secondary industries, among which 21 secondary industries are covered by SSE 38 Index, and only four secondary industries, namely telecommunications, banking, insurance and comprehensive finance, are not selected. 38 constituent stocks pay more attention to emerging industries and consumption fields such as energy conservation and environmental protection, new generation information technology, biology, high-end equipment, new energy and new materials, which represents the strategic direction of national economic development and the direction of economic restructuring, and is conducive to investors to establish an investment concept that is oriented to industrial policies and advocates the operating performance and growth of listed companies. According to wind data, as of January 2, 212, among the latest constituent stocks of the SSE 38 Index, The top nine industries are machinery, equipment and meters, transportation and storage, electric power, retail, pharmaceutical and biological products, etc.

Industry classification of CSRC: SSE 5 SSE 18 SSE 38

Machinery, equipment and meters 7.7% 4.54% 5.% 13.11%

Transportation and storage industries 4.42% 1.94. Gas and water production and supply industry 3.6% 1.3% 1.66% 1.62%

wholesale and retail trade 1.93% .24% .38% 9.4%

petroleum, chemistry, plastics and plastics 2.22% .% .38% 8.25%

. Biological products 1.99% .% 1.6% 6.66%

Information technology industry 1.87% 1.3% 1.38% 4.18%

Mining industry 21.2% 35.34% 26.3% 3.89%

2) Balanced distribution and discrete risks. From the perspective of the proportion of constituent stocks, the concentration of constituent stocks in SSE 38 Index is relatively small, and the proportion of industries is balanced. The proportion of the largest weighted industry does not exceed 15%, and the overall risk is scattered. Compared with SSE 5 and CSI 3, which focus on finance, insurance and mining, SSE 38 has more optimized component stocks and more balanced industry distribution, thus reducing the impact of weighted stocks or weighted industry valuation deviation on the index.

3) historical performance is leading. Most of the listed companies represented by SSE 38 Index are in the stage of rapid growth. In recent years, the return on assets has been greatly improved, and the net profit of sample companies has shown an obvious accelerated upward trend, which is likely to surpass the traditional blue chip. The data shows that the earnings per share of SSE 38 increased rapidly from 29 to 212 (e), with the growth rate of 33.33%, 25%, 17.14% and 26.92% respectively, far exceeding the growth rate of other indexes in the same period.

At present, there are two funds with SSE 38 as the tracking target, and another fund with SSE 38 index is being issued from February 6, 212 to March 2, 212. It is understood that this fund will completely copy SSE 38 index, which will better restore the performance of SSE 38 index.