Zheshang Securities(SH:601878) Sou Hu Cai Jing·2025-05-19 03:06Group 1 - The core viewpoint of the news highlights the performance and market activity of the credit bond ETF Bosera (159396), which has shown a slight increase of 0.01% to a price of 100.51 yuan as of May 19, 2025 [3] - The liquidity of the credit bond ETF Bosera is strong, with a turnover rate of 52.75% and a trading volume of 3.179 billion yuan, indicating active market participation [3] - According to Zheshang Securities, the conclusion of the tariff negotiations has boosted economic growth expectations and risk appetite, while uncertainty in future tariff policies has led to a lack of directional trading momentum in the bond market [3] Group 2 - The credit bond ETF Bosera has experienced a significant growth in scale, increasing by 3.245 billion yuan over the past three months, ranking in the top quarter among comparable funds [3] - In terms of share volume, the credit bond ETF Bosera has seen an increase of 9.768 million shares in the past month, placing it in the top half of comparable funds [3] - The fund has maintained a balanced inflow and outflow of capital recently, with a net inflow of 188 million yuan over the last five trading days, averaging a daily net inflow of 37.642 million yuan [3] Group 3 - The credit bond ETF Bosera has demonstrated strong profitability, with a monthly profit percentage of 66.67% since its inception, and a 100% probability of profit over a three-month holding period [4] - The maximum drawdown since inception for the credit bond ETF Bosera is 0.89%, with a relative benchmark drawdown of 0.10%, and a recovery period of 26 days [4] - The management fee for the credit bond ETF Bosera is 0.15%, and the custody fee is 0.05%, which are the lowest among comparable funds [4]