2. The underlying index of small and medium-sized stock funds (ETFs) has the characteristics of high growth and high returns. From the benchmark date of June 7, 2005 to April 2, 20061day, the index rose by nearly 70%. In the same period, the Shanghai Composite Index only rose by 37.4%, while the Shenzhen Composite Index only rose by 36.7%. Small and medium-sized board index is the fastest rising index! Small and medium-sized board, that is, SME board, refers to the growth enterprise market with a circulation scale of about 1 100 million, which is relative to the main board market. Some enterprises can't meet the requirements of the main board market and can only be listed in the small and medium-sized board market. Small and medium-sized board market is the transition of GEM, and the market code of small and medium-sized board in China begins with 002.
3. On April 8, 2005, the Shanghai and Shenzhen Stock Exchanges jointly released the Shanghai and Shenzhen 300 Index, which reflected the compilation goal and operation status of the Shanghai and Shenzhen 300 Index, and can be used as the evaluation standard of investment performance, providing the basic conditions for indexed investment and innovation of index derivatives. Both Shanghai and Shenzhen stock markets have their own independent composite index and component index, which are highly recognized by investors, but the market lacks cross-market index that reflects the overall trend of Shanghai and Shenzhen stock markets. The launch of the Shanghai and Shenzhen 300 Index has met the market demand, adapted to the changes in investor structure, increased the index for observing market trends, and further provided conditions for market product innovation.