At present, there are 126 Shanghai and Shenzhen 300 index funds traded over the counter. Among them, 75 were reinforced and 5 1 non-reinforced.
We can choose enhancement and non-enhancement, fund size, tracking error and handling fee as the selection criteria.
First, we choose between enhancement and non-enhancement. One of the reasons why we buy index funds is that this index is likely to rise, and we hope to get benefits from the index rise. Therefore, it is recommended to choose a non-enhanced index fund that can completely copy the index.
The next step is to choose according to the size of the fund. First, according to the scale, 2020.6438+02.438+0 invested in index funds. The largest fund is Jiashi CSI 300ETF Link A, with a scale of153.22 million. The smallest fund is Guolian' an Shanghai-Shenzhen 300ETF Connection C, with a scale of 0.2 billion. Our scale is 10 billion yuan. If it is less than 10 billion yuan, 14 is left.
Next, let's look at the most important index of index funds, tracking error. We found that the tracking errors of these 14 funds were mainly 0.08%, 0.09% and 0. 10%, so we eliminated 8 funds with tracking errors greater than 0. 10% and left 6 funds.
Finally, there are six funds left, and we use the transaction cost of the fund as the screening condition. Among the six funds, E Fund Shanghai and Shenzhen 300ETF Link A charges 0./kloc-0.5% management fee every year, while other funds charge 0.5% management fee every year.
We suggest that the fund should invest for at least three years, so the handling fee for three years seems to be very different. Therefore, among the index funds of Shanghai and Shenzhen 300, I think E Fund can choose Connection A of Shanghai and Shenzhen 300.