首批A500红利低波ETF（159296）今起开售！

Core Viewpoint - The launch of the Huabao CSI A500 Dividend Low Volatility ETF (A500 Dividend Low Vol ETF) marks a significant development in the A-share market, which is experiencing a strong recovery, with the CSI A500 index being referred to as the "hottest index" for 2024 [1][3][4]. Group 1: Product Overview - The A500 Dividend Low Vol ETF is the first ETF in the market to track the CSI A500 Dividend Low Volatility Index, which selects 50 securities from the CSI A500 index based on high dividend yield and low volatility [1][5][4]. - The index aims to enhance risk-return levels by combining high dividend and low volatility factors, potentially achieving a "1+1>2" Smart Beta effect [4][6]. Group 2: Performance Metrics - The CSI A500 Dividend Low Volatility Index boasts a trailing twelve months (TTM) dividend yield of 4.17% and a TTM payout ratio of 30.97%, outperforming similar indices [6]. - Since its base date of December 31, 2013, the index has seen a cumulative increase of 393.12% with an annualized return of 15.21%, significantly exceeding the performance of the CSI Dividend Index and the CSI A500 Index [11]. Group 3: Market Position and Strategy - The A500 Dividend Low Vol ETF is a strategic addition to Huabao Fund's product line, which has recently surpassed 100 billion yuan in total assets under management for equity ETFs, solidifying its position in the market [14]. - The ETF includes a quarterly dividend assessment mechanism, enhancing investor engagement and aligning with the current bullish sentiment in the A-share market [14].