时隔14年！主动权益标签鲜明的交银施罗德重启ETF赛道

Core Viewpoint - The re-entry of China Merchants Jinling Schroder into the ETF market after 14 years highlights a significant shift in the competitive landscape of the ETF industry, with a focus on niche markets and customized indices [1][2][3]. Group 1: Company Actions - China Merchants Jinling Schroder has submitted an application for the CSI Smart Selection Hong Kong-Shenzhen Technology 50 ETF, currently awaiting regulatory approval [2][3]. - The company previously launched two ETFs in 2009 and 2011, with current asset sizes of 227 million yuan and 63 million yuan respectively [5]. - The firm has been actively expanding its index fund offerings, adding five new index funds since 2024, including popular indices like the CSI Dividend Low Volatility 100 Index and the CSI A500 Index [5]. Group 2: Market Context - The ETF market is experiencing intense competition, with many traditional active management firms now entering the ETF space, driven by the growing trend towards passive investment [4][6]. - The total scale of ETFs is approaching 1 trillion yuan, with 15 fund companies now classified as "billion players" in the ETF market [7]. - Major players like Huaxia Fund and E Fund have seen significant growth in their ETF management scales, with increases exceeding 46% this year [7]. Group 3: Index Strategy - The CSI Smart Selection Hong Kong-Shenzhen Technology 50 ETF will track a newly customized index, which aims to reflect the performance of 50 high-growth technology companies from both mainland China and Hong Kong [6]. - The index is designed to capture companies with strong research capabilities and good fundamentals, with the top five sectors being electronics, machinery, communications, power equipment, and computers [6]. - Differentiation in index selection is crucial for new entrants in the ETF market, as many existing ETFs struggle to cover their costs [6].