139.6%累计收益+年度正收益全满贯！红利低波 ETF（512890）获资金持续加仓，机构：四季度是关键窗口

Core Insights - The Reducing Volatility ETF (512890) has shown significant capital inflow, with net inflows of 10.6 billion over the last 5 trading days and a total circulation scale reaching 245.39 billion as of October 22, 2025 [1][2] - Several A-share listed companies have announced third-quarter dividend plans, enhancing market focus on dividend assets, with expectations for the fourth quarter to be a key time for bottom-fishing in dividend stocks [1] - The banking sector is projected to maintain positive revenue and profit growth, with a year-on-year increase of 0.4% in revenue and 1.1% in net profit for the first three quarters of 2025 [1] Fund Performance - The Huatai-PineBridge Reducing Volatility ETF (512890) has achieved a cumulative return of 139.60% as of October 22, 2025, ranking 70th among 502 similar products [2] - The fund has consistently delivered positive returns for six consecutive years from 2019 to 2024, marking it as one of the few A-share ETFs to achieve "annual positive return full marks" [2] - Investors are encouraged to consider the ETF as a core component for stable returns in their asset allocation, especially through systematic investment plans to mitigate short-term volatility [2] Market Activity - On October 23, A-share major indices experienced fluctuations, with the Reducing Volatility ETF (512890) closing up 0.58% at 1.206 yuan, leading in trading volume among similar ETFs with a turnover rate of 1.90% and a transaction amount of 4.68 billion [3]