关注市场震荡蓄势下布局机会，A500ETF易方达（159361）今日净申购超5亿份

Market Overview - The market continues to experience fluctuations, with the CSI A500 index dropping over 2%, and the A500 ETF from E Fund seeing a net subscription exceeding 500 million units throughout the day [1] - For the week, the CSI A50 index fell by 3.8%, the CSI A100 index by 3.9%, and the CSI A500 index by 4.3% [1] Index Performance - The CSI A500 index consists of 500 securities with large market capitalization and good liquidity, covering 91 out of 93 sub-industries [3] - The CSI A100 index includes 100 representative securities, covering 46 sub-industries, reflecting the overall performance of major listed companies [3] - The CSI A50 index is made up of the 50 largest stocks from leading companies across 50 sub-industries, highlighting a large-cap style [3] ETF Tracking and Fees - Currently, there are 40 ETFs tracking the CSI A500 index, 14 for the CSI A100 index, and 16 for the CSI A50 index, with varying fee rates and tracking errors [3] - Low-fee products have a management fee of 0.15% per year and a custody fee of 0.05% per year [3] Historical Index Returns - Recent performance shows the CSI A500 index with a 1-month decline of 3.1%, a 3-month increase of 2.4%, and a year-to-date increase of 15.6% [5][6] - Over the past year, the CSI A500 index has increased by 16.6%, while the CSI A100 and A50 indices have increased by 18.3% and 12.0%, respectively [6] - Since inception, the CSI A500 index has seen a cumulative increase of 432.6% [6] Market Sentiment - According to Everbright Securities, the market may still be in a bull phase, but is likely entering a wide-ranging fluctuation period in the short term [1] - Compared to previous bull markets, there is still significant room for index growth, but the duration of the bull market may be more important than the magnitude of the increase [1]