红利低波ETF（512890）半日吸金2.45亿 险资长钱或引爆高股息行情

Core Viewpoint - The Reducing Volatility ETF (512890) has shown a positive performance with a 0.50% increase, reflecting strong investor interest and inflows, particularly from insurance funds seeking stable returns [1][2][3]. Fund Performance - As of July 18, the Reducing Volatility ETF (512890) closed at 1.214 CNY, with a half-day trading volume of 245 million CNY and a turnover rate of 1.12% [1][2]. - The ETF has experienced a net inflow of 1.693 billion CNY over the last five trading days and a cumulative net inflow of 2.147 billion CNY over the past ten trading days [1][2]. - The latest fund size for the Reducing Volatility ETF (512890) is 21.872 billion CNY as of July 17 [1]. Market Context - The Ministry of Finance issued a notice on July 11 aimed at guiding insurance funds towards long-term stable investments, which is expected to provide ongoing support for high-dividend sectors [1][3]. - Financial analysts believe that the new regulations will encourage insurance capital to increase equity allocations, particularly in bank stocks, which are characterized by high dividends and low volatility [1][3]. Top Holdings - The top holdings of the Reducing Volatility ETF (512890) include Chengdu Bank, Yageo, Industrial Bank, and Shanghai Bank, with respective price changes of +0.60%, +0.27%, +0.41%, and +0.92% [3][4]. - The fund's performance is benchmarked against the CSI Reducing Volatility Index, and it is managed by Liu Jun [3][5]. Investment Options - Investors seeking stable returns and low-risk alternatives can consider the Reducing Volatility ETF (512890) through its linked funds, which include various classes such as A, C, I, and Y [5].