认购踊跃，科创债ETF天弘（159111）一日结募

Core Insights - The Tianhong Sci-Tech Bond ETF (159111) has successfully raised over 2.9 billion yuan in just one day, indicating strong institutional interest in bond ETF products [1] - The scarcity of the Sci-Tech Bond ETF and its ability to fill a gap in bond investment tools are key factors driving its popularity [1] - The ETF features T+0 trading, a minimum fee rate of 0.2%, high credit quality investment targets, and high investment cost-effectiveness [1] Performance Metrics - The index tracked by the ETF, the CSI AAA Sci-Tech Bond Index, has shown an annualized return of 4.37% since the end of June 2022, with an annualized volatility of only 1.05% and a maximum drawdown of -1.41% [1] - The Sharpe ratio of the index stands at 2.42, indicating a favorable risk-adjusted return [1] Market Context - The potential increase in redemption fees for public funds may enhance the advantages of bond ETF products in the short term [1] - The underlying securities of the ETF are predominantly issued by central state-owned enterprises, with over 50% of the components being from central enterprises, ensuring manageable credit and concentration risks [1]