兴证全球基金田大伟：布局具有长期生命力的优质指数产品

Core Viewpoint - The article discusses the launch of the first ETF product by Xingzheng Global Fund, which tracks the CSI 300 Quality Index, marking a significant development in the public fund industry as it is the first ETF to track this index [1][4]. Group 1: ETF Product Launch - Xingzheng Global Fund's ETF strategy focuses on high-quality index products that prioritize the interests of investors, aiming to provide convenient investment tools for long-term stable returns [1][8]. - The CSI 300 Quality Index includes 50 companies selected from the CSI 300 Index based on their operational stability and performance in profitability, stability, and quality [4][5]. - The quality factor, which is less familiar compared to growth and value factors, is being explored as a promising investment strategy by the company [4][5]. Group 2: Investment Philosophy - The company recognizes the investment value of the CSI 300 Index, which represents the core strength of the Chinese economy and has shown performance in line with China's economic growth [5]. - The quality factor, represented by the Return on Equity (ROE) metric, aligns with the company's long-term investment philosophy, focusing on companies with strong profitability and quality [5][6]. Group 3: Future Outlook and Strategy - The company sees significant potential for the development of index investments in the domestic market, especially with the encouragement of national strategies and regulatory guidance [7]. - Xingzheng Global Fund has already made strides in quantitative investment products, including the CSI A500 Index Enhanced Fund, and plans to explore various ETF product lines, including strategy-based and enhanced index ETFs [7][8]. - The company emphasizes a long-term investment approach, focusing on nurturing its first ETF product rather than seeking immediate performance or scale [8].