红利低波ETF（512890）60日吸金超30亿元 机构：高股息仍是“定海神针”

Summary of Key Points Core Viewpoint - The Hongli Low Volatility ETF (512890) has shown stable performance with a closing price of 1.197 yuan and a significant asset scale of 20.617 billion yuan as of August 27, 2025, indicating its attractiveness for investors seeking steady returns and low volatility [1][4]. Fund Performance - The ETF's cumulative return since its inception in December 2018 has reached 139.00%, outperforming its benchmark and ranking 44th among 502 similar products, highlighting the long-term advantages of the low volatility strategy [4]. - The ETF has experienced net outflows of 120 million yuan over the last five trading days and 810 million yuan over the last ten trading days, while achieving a net inflow of 3.02 billion yuan over the last 60 trading days [1]. Trading Activity - The ETF's trading activity remains robust, with a total trading volume of 9.431 billion yuan over the last 20 trading days and an average daily trading volume of 472 million yuan [1]. - Year-to-date, the ETF has recorded a total trading volume of 66.603 billion yuan, with an average daily trading volume of 416 million yuan, indicating sustained market activity [1]. Top Holdings - The top ten holdings of the ETF include Chengdu Bank, Industrial Bank, Sichuan Road and Bridge, Daqin Railway, CITIC Bank, Shanghai Rural Commercial Bank, Jiangsu Bank, Chongqing Rural Commercial Bank, Shanghai Bank, and Bank of Communications, with a total market value of approximately 5.147 billion yuan [3][4]. Investment Strategy - The Chief Investment Officer of China Life emphasizes a focus on long-term capital market entry and optimizing equity asset structure, particularly in high-dividend stocks to enhance stability and long-term return potential [3]. - Jinglin Asset's strategy includes treating dividend assets as a core holding, maintaining or increasing positions in high-dividend stocks while reducing exposure to stocks with declining dividend attractiveness [3].