历经一纪的金色信仰：坚持为投资者提供好的投资工具——华安黄金ETF上市十二周年纪事

Core Viewpoint - The establishment of the first domestic gold ETF by Huaan Fund represents a significant historical mission to promote gold investment among the public, highlighting gold's role as a medium of exchange, value measurement, payment method, and value storage [1][9]. Group 1: Historical Development - The Huaan Gold ETF was launched on July 18, 2013, during a period when gold prices were at a four-year low of $1,200 per ounce, marking a pivotal moment in making gold investment accessible like stock trading [6][8]. - The development of gold ETFs in China began in 2009, with regulatory approval achieved in 2013, allowing for the public sale of gold ETFs [7][9]. - The product has evolved through various phases, including initial challenges, market fluctuations, and significant growth, ultimately becoming a leading gold ETF in China [2][10][12]. Group 2: Market Position and Performance - Over the past twelve years, the Huaan Gold ETF has become a crucial component of asset allocation for investors, particularly during periods of market volatility [2][13]. - The fund's assets surpassed 10 billion yuan, making it the largest gold ETF in Asia by August 2020, driven by increased demand for gold as a safe-haven asset during the pandemic [14][15]. - The fund has successfully navigated various market conditions, including the impact of U.S. interest rate hikes and geopolitical tensions, maintaining a strong position in the market [16][18]. Group 3: Future Outlook and Strategy - The global trend of central banks purchasing gold has shifted market dynamics, with significant purchases recorded in 2022 and 2023, indicating a growing concern over dollar-denominated assets [17][18]. - Huaan Fund anticipates that gold will continue to play a vital role in asset allocation, especially as geopolitical tensions rise and economic conditions evolve [18][22]. - The company emphasizes the importance of investor education and risk management, aiming to enhance investor awareness and reduce the impact of short-term market fluctuations on the gold market [21][22].