4月国民经济稳定增长，中证A500ETF龙头（563800）助力高效布局核心资产

Group 1 - The core viewpoint of the news is that China's national economy is showing stable growth, with a notable increase in retail sales and a focus on core assets in the market [1] - From January to April, the total retail sales of consumer goods increased by 4.7% year-on-year, accelerating by 0.1 percentage points compared to the first quarter [1] - The service retail sales also grew by 5.1% year-on-year, with a similar acceleration of 0.1 percentage points compared to the first quarter, indicating a recovery trend in both goods and service consumption [1] Group 2 - The CSI A500 index, which focuses on core assets, has gained attention, comprising representative listed companies from various industries such as electronics, power equipment, pharmaceuticals, and computers [1] - As of May 19, the latest price-to-earnings ratio of the CSI A500 index is 14.6 times, which is at the 55% historical percentile level over the past decade [1] - The CSI A500 ETF (563800) has a scale of 18.8 billion yuan and an average daily trading volume of over 2.1 billion yuan, ranking among the top in its category [2] Group 3 - The ETF has a daily tracking error of 0.0112%, placing it among the top three in its category for tracking error control [2] - The management fee structure of the ETF is competitive, with a management fee of 0.15% and a custody fee of 0.05%, making it one of the lowest in its category [2] - Future market outlook suggests that A-shares are expected to experience a steady upward trend, supported by policies aimed at stabilizing and activating the capital market [2]