Therefore, Fang Jun of Huaxia Fund manages three index funds (50ETF, SME ETF and Huaxia 300).

Therefore, Zhang Ye of Rongtong Fund is so bored that he wants to engage in a rat warehouse (Rongtong 100).

Therefore, the management fee of index funds is the lowest, the stock funds are 1.5%, and the index funds are often only 0.5%.

But it is the most difficult to be an index fund manager, because he has to ensure accurate tracking and no deviation. Other fund managers can operate according to their own plans with peace of mind, and index fund managers should ensure the minimum error. Because of the current regulations, index funds cannot buy shares of custodian banks. Take Huaxia 300 as an example. Its custodian bank is ICBC, so it can't buy shares of ICBC, which is a heavyweight in the 300 index. Therefore, fund managers need to find ways to solve this problem, usually by buying CCB and BOC instead of ICBC, because they are highly correlated, but they are not the same, so they need a lot of professional skills to operate.