华泰柏瑞基金打造长期优质“指数Y”标杆

Core Viewpoint - The implementation of the personal pension system in China is progressing, with the introduction of the "Index Y" benchmark product, the Huatai-PB CSI Dividend Low Volatility ETF Link Y, which is gaining popularity among personal pension investors [1][2][8] Group 1: Personal Pension System Development - The personal pension system will be officially promoted nationwide by December 2024, following a two-year pilot program [1] - The inclusion of equity index funds in the personal pension investment product catalog marks a significant milestone in the development of index investment in China [1][2] - The "Guidelines for Promoting the High-Quality Development of Public Funds" emphasize the need for fund companies to enhance their service capabilities for long-term capital [1] Group 2: Performance of Huatai-PB CSI Dividend Low Volatility ETF Link Y - The Huatai-PB CSI Dividend Low Volatility ETF Link Y has become the first "Index Y" product to exceed 2 billion yuan in scale, achieving a growth of 440.37% in 2025 [2][3] - As of the end of Q3 2025, the fund's cumulative return since inception reached 127.74%, and it has maintained a consistent dividend distribution for 27 months [3][6] - The fund's holder count reached 24,800 by Q2 2025, making it one of the few "Index Y" products with over 20,000 holders [2] Group 3: Investment Strategy and Market Position - The Huatai-PB CSI Dividend Low Volatility ETF Link Y primarily invests in the first ETF in the market to exceed 25 billion yuan, focusing on dividend and low volatility strategies [3][6] - The dividend low volatility strategy aligns well with the long-term investment goals of personal pensions, emphasizing risk control and stable growth [6][7] - The favorable policy environment and increasing dividend payouts from A-share companies support the sustainability of the dividend low volatility strategy in the long term [7][8] Group 4: Educational Initiatives and Market Engagement - Huatai-PB Fund has actively engaged in educational activities to promote the personal pension system and the dividend low volatility strategy among young investors [5][6] - The company has utilized various formats, including online and offline events, to enhance awareness and understanding of personal pension planning [5][6] - The growing acceptance of the dividend low volatility strategy reflects a shift in investment logic from "yield attraction" to "strategy adaptation" in the personal pension market [8]