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Ping An CSI A50 ETF was officially established today_Fund_Financial Channel Home Page_Financial Network-CAIJING.COM.CN

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Ping An CSI A50 ETF was officially established today_Fund_Financial Channel Home Page_Financial Network-CAIJING.COM.CN

Ping An Fund Launches Low-Fee CSI A50 ETF with Record Fundraising

On March 4, Ping An CSI A50 ETF (on-site abbreviation: CSI A50 Index ETF; code: 159593) was officially established, marking a significant milestone in the world of exchange-traded funds. The announcement revealed that the comprehensive fee rate of Ping An CSI A50 ETF is the lowest among current stock ETF products on the market, with a management fee of just 0.15% and a custody fee of only 0.05%. The total fund-raising scale surpassed RMB 2 billion, with 22,456 effective subscription households.

This ETF is one of the first to closely track the CSI A50 Index and delve into domestic core assets. The proposed fund manager of Ping An CSI A50 ETF is Qian Jing, the head of ETF index investment at Ping An Fund, who boasts over 8 years of investment management experience. This new offering provides a convenient investment tool for investors who see promise in domestic core assets.

With the launch of the Ping An CSI A50 ETF, investors have access to a low-fee option for investing in the CSI A50 Index and domestic core assets, thanks to Ping An Fund’s competitive fee structure and experienced fund manager. This new offering has attracted significant interest from investors, surpassing fundraising expectations and setting a new standard in the ETF market.

(Editor: Xu Nannan)

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