Zheng Quan Zhi Xing·2025-08-27 10:51Fund Overview - The fund is named "Zhaoshang Zhongzheng Shanghai Environmental Exchange Carbon Neutrality ETF" and was established on July 14, 2022 [2] - The fund aims to closely track the performance of the underlying index, with a target of keeping the average tracking deviation within 0.2% and annual tracking error within 2% [2][3] - The fund's total shares at the end of the reporting period were 335,719,131 [2] Financial Performance - The fund reported a realized loss of approximately 11.74 million RMB during the reporting period [3] - The net profit for the period was approximately 4.70 million RMB, resulting in a weighted average net value profit rate of 1.66% [3][9] - The fund's net asset value at the end of the reporting period was approximately 267.88 million RMB, with a net asset value per share of 0.7979 RMB [3][16] Investment Strategy - The fund employs a full replication strategy, investing directly in the components of the underlying index [2] - The fund's investment strategy includes various asset classes such as stocks, bonds, and derivatives, with a focus on maintaining a close alignment with the index [2][20] - The fund's performance benchmark is the return of the Zhongzheng Shanghai Environmental Exchange Carbon Neutrality Index [21] Market Environment - The report indicates that fiscal and monetary policies have been working together to stabilize growth, with active capital market performance supported by policy measures [8] - The market has shown structural opportunities, with certain sectors like non-ferrous metals and banking performing well, while others like coal and real estate lagged [8][10] Management and Compliance - The fund management company, Zhaoshang Fund Management Co., Ltd., has been operating in compliance with relevant laws and regulations, ensuring the protection of investors' interests [5][7] - The fund has established a comprehensive research and investment decision-making process to ensure fair investment opportunities across its portfolios [6][7]