Shanghai Securities News 03-12 20:24
The Huatai-Berry CSI 300 ETF has exceeded 200 billion yuan in scale, making it the first stock ETF to reach this milestone. Data shows that as of March 11, the scale of the ETF had reached 198.249 billion yuan, and based on transaction data estimates on March 12, it is expected to surpass 200 billion yuan.
On March 12, the ETF’s turnover reached 3.962 billion yuan, with a turnover rate of 1.99%. This data solidifies the fact that the scale of the Huatai-Berry CSI 300 ETF has crossed the 200 billion yuan mark.
The flow of bargain-hunting funds into stock ETFs has been increasing since the beginning of the year, with the E Fund CSI 300 ETF leading the way by increasing its share by 46.09 billion shares. Other stock ETFs such as Harvest CSI 300 ETF and ChinaAMC CSI 300 ETF have also seen significant increases in their share sizes.
In addition to the Huatai-Berry CSI 300 ETF, there are 5 stock ETFs in the market with scales surpassing 100 billion yuan. The E Fund CSI 300 ETF has a launch scale of 131.66 billion yuan, while others like ChinaAMC SSE 50 ETF and Harvest CSI 300 ETF range from 100 billion to 120 billion yuan.
According to the Industrial Securities research report, the market is currently in a cost-effective area, and with the growing popularity of ETFs, more funds are expected to enter the market using this investment tool. Han Xiuyi, fund manager of Morgan CSI A50 ETF, believes that now is a good time to deploy core assets as China’s economic fundamentals are showing signs of recovery.
As the market continues to evolve, it is important for investors to be cautious and consider their own investment objectives and financial situation before making any decisions. This article does not constitute personal investment advice, and users are encouraged to invest at their own risk.
This article was written by Wang Peng and the source of information is the Shanghai Securities News, with the original title being “The birth of the first stock ETF with a scale of over 200 billion yuan.”