5万亿ETF的370名基金经理薪酬大揭秘，他们的日常工作，就是跟着指数买股票吗？

Core Insights - The article provides an in-depth look at the daily routines and responsibilities of ETF fund managers, highlighting the complexity and demands of their roles in managing over 5 trillion yuan in assets across more than 1,300 ETF products [2][8][24] Group 1: Daily Operations of ETF Fund Managers - ETF fund managers start their day by reviewing global market trends and economic data, ensuring they are informed about any developments that could impact their investments [3][4] - Their work involves constant monitoring of market conditions during trading hours, including tracking unusual subscription and redemption activities, and making timely decisions based on real-time data [4][7] - After market hours, fund managers continue their work by addressing client inquiries, reviewing product performance, and preparing for the next trading day, often working late into the night [7][8] Group 2: Market Overview and Scale - As of September 17, 2025, the total number of ETFs is 1,311, with a total market size of approximately 5.35 trillion yuan, indicating significant growth in the ETF sector [8][9] - The leading fund companies in terms of non-monetary ETF assets include Huaxia Fund and E Fund, each managing over 800 billion yuan, while 14 public funds have non-monetary ETF assets exceeding 100 billion yuan [8][9] Group 3: Fund Manager Responsibilities and Skills - ETF fund managers are required to maintain a stable risk-return profile, closely adhering to index compositions and weights, while also managing liquidity to minimize trading costs for investors [14][15] - Continuous research and understanding of market trends are crucial, as fund managers must articulate their investment strategies and rationales to clients effectively [14][15] - Sales support is a significant part of their role, necessitating frequent participation in roadshows and client interactions to promote ETF products and educate investors on index-based investment strategies [16][22] Group 4: Compensation and Performance Metrics - ETF fund managers typically receive compensation based on a fixed salary plus performance bonuses, with a focus on long-term performance metrics rather than short-term gains [18][21] - The performance evaluation criteria include not only the scale of assets managed but also the overall competitiveness of the fund company and the market position of the products [21][22] - Despite the growth of the ETF market, compensation for ETF fund managers is generally lower than that of active equity fund managers, reflecting the competitive nature of the industry [22][24]