Zheng Quan Zhi Xing·2025-08-29 10:11Fund Overview - The fund is named "Huaxia CSI Petrochemical Industry Exchange-Traded Fund" and was established on December 2, 2021 [2] - The fund aims to closely track the CSI Petrochemical Industry Index with a target tracking deviation of no more than 0.2% on a daily basis and an annual tracking error of no more than 2% [2][8] - The fund's total shares at the end of the reporting period were 51,375,802 [2] Financial Performance - The fund reported a realized loss of 621,734.05 RMB and a total profit of -1,060,453.44 RMB for the first half of 2025 [3][4] - The net asset value at the end of the reporting period was 34,531,168.33 RMB, with a net asset value per share of 0.6721 RMB [3][4] - The cumulative net value growth rate since the fund's inception is -32.79% [3][4] Investment Strategy - The fund employs a full replication strategy and appropriate alternative strategies to track the underlying index effectively [8] - The investment strategy includes various approaches such as stock index futures, bond investments, and asset-backed securities [2][8] Market Environment - The A-share market experienced a range-bound trend in the first half of 2025, with rapid sector rotation and a focus on "dividend + technology" strategies [9][10] - The overall economic environment remains stable, with ongoing structural adjustments and a focus on high-quality development in China [9][10] Management and Compliance - The fund management strictly adheres to relevant laws and regulations, ensuring fair treatment of all funds under management [7] - The fund has not engaged in any abnormal trading activities during the reporting period [7] Future Outlook - The fund will continue to focus on closely tracking the underlying index while managing investor subscriptions and redemptions [9][10] - The market's attention will be on the potential impacts of tariffs on inflation and the direction of monetary policy adjustments by the Federal Reserve [10]