SSE 50 Index was officially released on June 5438+1October 2, 2004. Start date of daily subscription of SSE 50ETF: February 23, 2005.

2. Different characteristics:

According to scientific and objective methods, the SSE 50 Index selects 50 representative stocks with large scale and good liquidity in Shanghai, which comprehensively reflects the overall situation of a group of leading enterprises with the most market influence in Shanghai.

SSE 50ETF is one of the most representative blue-chip indexes in Shanghai market, and SSE 50 Index is the tracking target of the first traded open index fund (ETF) in China. SSE 50ETF is an innovative fund.

Extended data:

The SSE 50 Index adopts the dividend weighting method and is weighted according to the adjusted share capital of sample stocks. The calculation formula is: reporting period index = adjusted market value of constituent stocks during the reporting period/base period * 100. Among them, the adjusted market value = σ (market price × adjusted number of shares).

The trading hours of SSE 50ETF are from 9:30 to11:30; 13:00 to 15:00 will also be subject to the price limit of 10%. The secondary market transaction of SSE 50ETF is abbreviated as 50ETF, and the transaction code is 510050;

The declared sales quantity is 100 or its integral multiple, and the minimum change unit of the declared price is 0.00 1 yuan, so stamp duty is not required. Buying and selling SSE 50ETF is very simple, just like buying a closed-end fund.

Baidu Encyclopedia-SSE 50 Index

Baidu encyclopedia-SSE 50ETF