轮动行情扩散！借道超低费率版的A500ETF华泰柏瑞（563360）或可把握市场整体机遇

Core Viewpoint - The A-shares market is experiencing a strong trend with increasing enthusiasm for the CSI A500 Index, which is seen as a good investment opportunity due to its balanced coverage of core assets in the A-share market [1][2]. Group 1: Market Performance - The CSI A500 Index reached a three-year high as of August 29, with a one-year increase of 41.73%, outperforming other indices like the CSI A50 (32.66%) and CSI 800 (41.61%) [1]. - The A500 ETF from Huatai-PB has seen a net inflow of funds for two consecutive trading days, with its latest scale exceeding 21.3 billion yuan and an average daily trading volume of 4.6 billion yuan over the past two weeks [1]. Group 2: Investment Opportunities - The A500 ETF closely tracks the CSI A500 Index, selecting 500 securities with large market capitalization and good liquidity across various industries, providing broad coverage of quality core assets in China's economy [1]. - The management fee and custody fee for the A500 ETF are 0.15% and 0.05% per year, respectively, which are among the lowest in the A-share market, making it a cost-effective option for long-term investment in core assets [1]. Group 3: Fund Performance - As of August 29, 2025, the cumulative net asset value of the A500 ETF is 1.1962 yuan, making it one of the few ETFs tracking the CSI A500 Index to exceed 1.19 yuan [1]. - The A500 ETF has a return of 2.50% since its inception on September 25, 2024, compared to a benchmark return of 19.18% for the CSI A500 Index during the same period [2].