相关ETF持续吸金，“红利+科技”策略为何奏效？

Core Viewpoint - The investment strategy of "left hand dividends, right hand technology" is gaining traction among institutions to navigate market volatility, with a focus on balancing high-growth tech assets and stable dividend-paying stocks [1][4]. Group 1: Market Trends - A-shares have experienced fluctuations after reaching 3600 points, prompting a shift in investment strategies [1]. - There is a notable increase in ETF (Exchange-Traded Fund) shares, particularly in the technology sector, indicating a preference for tech investments [1][2]. - As of August 1, 2023, the bank ETF saw a growth of 120.87 million shares, ranking second among stock ETFs, while leading tech ETFs also surpassed 100 million shares in growth [2][3]. Group 2: Fund Flows - By August 1, 2023, the net inflow for the robot ETF exceeded 10 billion yuan, while the low-volatility dividend ETF saw over 8 billion yuan in net inflow [3]. - The top ten cross-border ETFs by share growth predominantly focus on technology or internet sectors, with the Hong Kong Stock Connect Internet ETF leading with a net inflow of 34.33 billion yuan [3]. Group 3: Investment Strategy - The "left hand dividends, right hand technology" strategy is described as a "core + satellite" approach, emphasizing the importance of weight distribution between dividend and tech assets [4]. - This strategy aims to balance the high growth potential of tech stocks with the defensive characteristics of dividend-paying stocks, providing a complementary advantage in various market conditions [5]. - The long-term development potential in technology sectors is highlighted, driven by strong policy support and global competition, while dividend stocks are recognized for their stability during market fluctuations [5][6]. Group 4: Future Outlook - The combination of technology and dividend assets is expected to be a core allocation direction for the year, with technology innovation being a key driver of economic growth [5]. - The relative yield advantage of high-dividend assets is becoming more pronounced in a low-interest-rate environment, further enhancing the appeal of dividend stocks [6].