银行行业领涨，四季度风格切换下，平安上证红利低波动指数A（020456）投资机会受关注

Core Insights - The Ping An SSE Dividend Low Volatility Index A (020456) has shown strong performance with a 1.54% increase as of October 14, 2025, and a significant net inflow of funds totaling 12.309 billion yuan over three days [1][2]. Fund Performance - As of October 13, 2025, the unit net value of the Ping An SSE Dividend Low Volatility Index A is 1.08 yuan, reflecting a 0.47% increase from the previous trading day and a 7.21% increase over the past year, ranking it in the top half of comparable funds [1][2]. - The fund has a maximum drawdown of 6.70% over the past year, which is the smallest among comparable funds, with a relative benchmark drawdown of 0.98% [2]. Fund Management and Fees - The fund has a management fee rate of 0.50% and a custody fee rate of 0.10%, totaling a fee rate of 0.60% [2]. Investment Strategy - The Ping An SSE Dividend Low Volatility Index A closely tracks the SSE Dividend Low Volatility Index, which selects 50 securities based on liquidity, continuous dividends, moderate dividend payout ratios, positive growth in earnings per share, and high dividend yields with low volatility [3]. Top Holdings - As of June 30, 2025, the top ten holdings of the fund include China COSCO Shipping, Chengdu Bank, Industrial Bank, Sichuan Road and Bridge, and Daqin Railway, with the top ten stocks accounting for a total weight of 17.41% [3][5].