In recent years, my country’s financial opening up process has been singing and advancing by leaps and bounds, with great intensity and wide coverage, and a series of breakthroughs have been made. As a result, the influence of international capital on the A-share market has become increasingly stronger. In this context, the launch of the MSCI China A50 Connectivity Index is of great significance. This move not only provides overseas investors with new A-share investment targets and risk management tools based on the interconnection mechanism, but also the convenience of investing in A-shares. Get further improvement. Southern MSCI China A50 Interconnection ETF (exchange abbreviation: China A50 ETF, fund code: 159602) was listed on the Shenzhen Stock Exchange today. The fund will closely track the MSCI China A50 Connectivity Index to help investors grasp the leading investment opportunities and actively deploy the A-share international era.
Index Featured Industry Leader
Industry allocation balance
The MSCI China A50 Connectivity Index adopts the compilation concept of “optimizing the leader and balanced configuration”, and adopts innovative methods in the compilation rules. With the MSCI China A-share index as the parent index, within the scope of interconnection, it is first in 11 major categories of industries. Select the 2 stocks with the largest free float market capitalization, and then select the 28 stocks with the largest free float market capitalization in the remaining range until the index constituent stocks reach 50. The MSCI China A50 Connectivity Index has selected the industry leaders representing China’s new economic power. The top ten constituent stocks are:Ningde era、Kweichow Moutai、Longi shares、China Merchants Bank、Wanhua Chemical、BYD、Luxshare Precision、China Free、Enjie shareswithWeir shares. On the basis of optimizing leaders, the index achieves a relatively balanced industry configuration. Compared with the traditional broad base, the financial weight is reduced, and it also reflects the new economy,New industryThe weight of the direction is increased, and the industry structure is closer to the overall position structure of institutional investors such as Lu Stock Connect Capital.
It is worth mentioning that the innovative compilation method of the MSCI China A50 Connectivity Index can provide the market with a broad-based broad-based index that “more truly reflects the trend of China’s economic development”. At the same time, the support of the MSCI index company and the corresponding stock index futures on the Hong Kong Stock Exchange can also greatly increase the international influence of the MSCI China A50 Connectivity Index. The launch of the MSCI China A50 Connectivity Index provides an internationally influential characterization of A-share core assets, which can play a significant positive role in guiding both domestic and foreign investors.
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The index has historically performed well
Judging from the historical performance of the index, the 16 leading A-share companies in the MSCI China A50 Connectivity Index belonging to different fields have had their cumulative returns in the past ten years significantly surpassed the returns of the corresponding industry’s total return index, which can be more effectively used as a market vane. . Compared with SSE 50 and FTSE A50, MSCI China A50 has significantly increased the proportion of new energy, electronics, medicine and other sectors. In the context of carbon neutrality, carbon peaking, population aging, consumption upgrades, and technological iterations, this Such changes can better reflect the future prospects of China’s industrial development.
WIND statistics show that as of October 29, 76% of the stocks that are heavily invested in foreign capital (holding more than 0.5% of the market value) have invested in the MSCI China A50 Interconnect RMB Index component. It can be said that the tracking target of Southern MSCI China A50 Interconnection ETF basically conforms to the two major development trends of the institutionalization and internationalization of the A-share market, no matter from the perspective of the industry or the specific component stocks.
Broad prospects for index development
Products backed by high-quality team equipment
Regarding the future prospects of China’s A50 Connectivity Index, Li Jialiang, fund manager of Southern China’s A50 ETF, said that China’s economy will gradually enter a stage of high-quality development in the future, and China’s various fields will accelerate the survival of the fittest and structural differentiation, from the past “cake making” stage to ” Transformation in the “Cake Cake” phase. Leading companies in the industry can achieve their own growth by continuously annexing weak and weak companies. The “Matthew effect”, “the strong and the strong” and “winner takes all” may still be the norm in the future for all walks of life to “divide the cake”. At the same time, the new economy-related industries represented by new energy technology and medicine are also important directions with long-term vitality and development prospects in the high-quality development stage of the Chinese economy. The MSCI China A50 Connectivity Index is the leading index of the A-share industry and is included in the “core assets” of various industries. In addition, compared with the mainstream market index in the existing market, the weight of the old economic industry represented by financial, real estate and petrochemical has also been greatly reduced, and the weight of the new economic industry represented by new energy technology and medicine has been greatly increased, which is more suitable for future industry leaders and The investment direction of the new economy.
It is worth mentioning that the Southern MSCI China A50 ETF is backed by the strength of the Southern Fund, which has won the passive investment Taurus fund company five times. The Southern Fund Index team has a total of 18 members with multiple backgrounds in mathematics, computing, physics, financial engineering, and finance, covering the complete process of index product development, quantitative research, and fund investment management; the core fund manager team has an average of 10 years of experience. The team has core personnel covering the three research fields of artificial intelligence, financial analysis, and quantitative technology, providing research, data and strategic support for investment. In addition, the team independently developed a professional and comprehensive in-depth quantitative research platform to realize scientific, process-oriented and standardized quantitative strategy research and development and index product design, and formed the CSI 500 ETF (510500) and the Southern Innovation ETF (159780) “Growth” “Double Star” is the leader, covering the entire market value, multi-industry, multi-theme, Smart Beta, cross-border and other tool-based product layouts, and strive to provide investors with one-stop ETF asset allocation solutions. With its solid strength, China Southern Fund’s index funds have won many awards. Among them, the Southern China Securities 500 ETF has won the Golden Bull Award for 7 consecutive years since its listing, ranking first among domestic index funds. It is the only index fund that has won the Golden Bull Award every year since its listing. (CIS)
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Editor in charge: Wang Han
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