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科创债ETF鹏华7月17日上市交易,打造高效配置工具
2 1 Shi Ji Jing Ji Bao Dao·2025-07-13 23:02

Core Viewpoint - Penghua Fund announced the launch of its Sci-Tech Bond ETF, which will officially start trading on July 17, 2023, closely tracking the Shanghai AAA Sci-Tech Innovation Company Bond Index, offering features such as "T+0" trading, high transparency, risk diversification, and low costs [1] Group 1: Product Features - The Sci-Tech Bond ETF is designed to cater to medium to low-risk investors seeking stable returns, especially in the current bond market characterized by "asset scarcity" and declining interest rates [1] - The ETF allows for "T+0" real-time trading, enhancing capital efficiency and making it suitable as an effective trading tool in the market [1] Group 2: Index Structure - As of June 19, the Shanghai AAA Sci-Tech Innovation Company Bond Index comprises 651 constituent bonds, with a total outstanding scale of 885.755 billion, representing 78% of the balance of Sci-Tech company bonds on the Shanghai Stock Exchange and 65% of the total balance of Sci-Tech company bonds [2] - 99% of the issuers of the index constituent bonds are central state-owned enterprises, with the highest proportion of implied ratings being AAA-, which helps in controlling credit risk within the ETF investment portfolio [2] Group 3: Investment Management Strategy - The Penghua fixed income team will implement a multi-layered, full-process error control strategy to closely track index performance while ensuring liquidity [3] - The team will prioritize selecting actively traded, liquid, and reasonably valued constituent bonds during the portfolio construction phase to minimize deviations caused by market liquidity issues [3] - Penghua's fixed income team has established a robust monitoring and alert mechanism for tracking errors, enabling immediate internal checks and dynamic adjustments to the portfolio structure if deviations exceed preset tolerances [3] Group 4: Company Background - Penghua Fixed Income is recognized as a leading player in the industry, having built a comprehensive product matrix covering cash management, interest rate bond allocation, credit bond investment, and local government bond asset allocation since 2018 [4] - The launch of the Sci-Tech Bond ETF represents a strategic upgrade of Penghua's bond index product line, supported by a standardized, systematic, and professional passive management capability developed over years [4]