南方基金2.3亿元自购旗下三只权益ETF 传递长期市场信心

Core Viewpoint - Southern Fund Management Co., Ltd. has announced a significant investment of at least 230 million yuan in three equity ETF linked funds, reflecting confidence in the long-term stability and health of the Chinese capital market [1][5]. Group 1: Investment Details - The three funds involved in the buyback are Southern CSI A500 ETF Linked A (022434), Southern S&P China A-Share Large Cap Dividend Low Volatility 50 ETF Linked A (008163), and Southern Cash Flow ETF (159232) [4]. - The CSI A500 ETF has a scale of 16.681 billion yuan, ranking third among its peers, while the S&P China A-Share Large Cap Dividend Low Volatility 50 ETF has a scale of 13.749 billion yuan [4]. - The cash flow ETF focuses on high-dividend assets, aligning with current market demand for stable income assets [4]. Group 2: Market Context - China's GDP grew by 5.3% year-on-year in the first half of the year, indicating steady macroeconomic progress [5]. - As of August 6, the price-to-earnings ratio of the CSI 300 Index was 13.93 times, and the Hang Seng Index was 11.83 times, significantly lower than the S&P 500 (26.89 times) and Nikkei 225 (18.88 times), positioning A-shares and Hong Kong stocks as undervalued globally [5]. - The new "National Nine Articles" policy is expected to promote long-term capital inflows into the market, further enhancing institutional confidence [5]. Group 3: Institutional Behavior - A total of 21 public fund institutions have announced buybacks this year, amounting to 74.7 million yuan, with nearly 40% of this in equity funds [5]. - Southern Fund's buyback of 230 million yuan is the largest among these institutions, with others like ICBC Credit Suisse and Jianxin also exceeding 100 million yuan [5]. - The buyback actions are typically accompanied by a commitment to hold for at least one year, aimed at enhancing investor trust and promoting a long-term investment philosophy [5].