业内首批！今日开售！增强型ETF再扩容

Core Viewpoint - The launch of the Huabao Growth Enterprise Board Comprehensive Enhanced Strategy ETF marks a significant move for Huabao Fund, being its first index-enhanced ETF and a rare addition to the market [1][3]. Group 1: ETF Launch and Features - Huabao Fund has officially launched the Huabao Growth Enterprise Board Comprehensive Enhanced Strategy ETF (subscription code: 159292) on August 6, following the achievement of over 100 billion yuan in equity ETF scale in July [1]. - This ETF is the first index-enhanced ETF under Huabao Fund and one of the first in the market to track the Growth Enterprise Board Comprehensive Index [1][3]. - The Shenzhen Stock Exchange has revised the Growth Enterprise Board Comprehensive Index to enhance its investment representation, including mechanisms for monthly removal of risk-warning stocks and negative ESG screening [1]. Group 2: Market Context and Performance - The Growth Enterprise Board Comprehensive Index covers over 1,300 companies with a total market capitalization coverage of 98%, providing a balanced distribution across various market capitalizations and industries [6][8]. - Historically, the Growth Enterprise Board Comprehensive Index has outperformed major indices like the CSI 300 and CSI 500, with a cumulative return of 220.41% since its base date, significantly exceeding the returns of its peers [8]. - As of July 31, 2025, the index's price-to-book ratio stands at 3.77, indicating a relatively low valuation compared to its historical maximum [8]. Group 3: Management and Strategy - The ETF will be managed by Wang Zheng, who has over 11 years of investment management experience, supported by a quantitative investment team that has been developing strategies since 2005 [4][5]. - The management strategy will focus on fundamental factors such as valuation, growth, and profitability quality, as well as technical factors like volume and capital flow, aiming for excess returns while effectively tracking the index [5]. - The ETF's launch is timely, as several key technology sectors within the Growth Enterprise Board are expected to emerge from cyclical lows, presenting growth opportunities for investors [8].