New blue chips are different from traditional blue-chip enterprises, and refer to listed companies that have the potential to grow into blue-chip enterprises in the future. From the perspective of life cycle theory, new blue-chip enterprises are usually in the growth stage and early mature stage, with a substantial increase in income, which initially reflects the leading style of the industry and is a listed company with core competitive advantages in related industries. The SSE 380 Index focuses on the growth of emerging blue-chip stocks to reflect the overall performance of a group of listed companies with moderate scale, good growth and strong profitability, and has the following advantages:

1) preferred emerging blue-chip enterprises.

According to the industry classification standards of H 70 and China Securities Index Company, there are currently 25 secondary industries, of which SSE 380 Index covers 2 1 secondary industries. The top three industries are capital goods, raw materials and pharmaceuticals, biotechnology and life sciences, and only four secondary industries, telecommunications, banking, insurance and comprehensive finance, have no stocks.

The SSE 380 Index comprehensively ranks the growth, profitability, market attention and company size, and comprehensively considers factors such as industry, dividends, and equity expansion, and excavates emerging blue-chip enterprises in the A-share market that are in the growth stage and early mature stage, with substantial income growth, initially embodying the leading style of the industry and having core competitive advantages in the industry.

2) Discrete risk of industry distribution.

The industry distribution of the constituent stocks of SSE 380 Index has obvious characteristics such as balanced distribution and strong defense, and the industry coverage of SSE 380 Index is high. Judging from the proportion of constituent stocks, the concentration of constituent stocks of SSE 380 Index is relatively small, and the proportion of industries is balanced. The largest weighted industry accounts for no more than 65,438+05%, and the overall risk is scattered.

Since SSE 380 excludes SSE 180 when selecting constituent stocks, and financial stocks usually have a large share capital, there is no room for sample selection in SSE 380. The unique screening rules also make the industry composition of Shanghai Stock Exchange 380 Index significantly different from other traditional blue-chip indexes in Shanghai Stock Exchange.

3) The advantages of high growth are obvious.

The constituent stocks of SSE 380 Index choose industries that pay more attention to consumption, investment products and emerging industries, and defensive industries account for a relatively high proportion, which is obviously different from the traditional mainstream index. Among them, "consumption+emerging" accounts for more than 50%, which will benefit from future economic transformation. In addition, the daily average turnover rate, transaction amount and volume of SSE 380 Index are in a relatively active state among the indexes, and its constituent stocks are highly concerned by the market and have strong liquidity.

4) Leading all kinds of key indicators. The historical simulation data shows that the market performance of SSE 380 Index is generally better than other key indexes such as CSI 300, SSE 50, SSE 20 10/80 from 2006 to 20. From each statistical stage, except for 2006, the indexes all achieved higher returns than the Shanghai and Shenzhen 300, Shanghai 50 and Shanghai 180 indexes, especially the cumulative return from 2006 to 20 10 reached 444.23%.

The SSE 380 Index has not been launched for a long time, but it has high industry coverage, strong growth ability and good market performance. At present, there are two index funds tracking SSE 380, and another index fund of China Shipping SSE 380 is being issued. This fund is a "pure" copy of the 380 index, which can more faithfully reflect the high growth performance of new blue chips for investors.