养老与红利低波投资双向奔赴 华泰柏瑞基金打造长期优质“指数Y”标杆

Core Insights - The article discusses the implementation and expansion of the personal pension system in China, highlighting the introduction of the personal pension investment public fund business and the emergence of the "Index Y" benchmark product, specifically the Huatai-PB CSI Dividend Low Volatility ETF Link Y [1][2] Group 1: Personal Pension System Implementation - The personal pension system will be officially promoted nationwide by December 2024, following a two-year pilot program [1] - The introduction of equity index funds into the personal pension investment product catalog marks a significant milestone in domestic index investment development [1] Group 2: Performance of Huatai-PB CSI Dividend Low Volatility ETF Link Y - Since its inception, the Huatai-PB CSI Dividend Low Volatility ETF Link Y has become a benchmark product in the public fund industry, with a scale reaching 245 million yuan by the end of Q3 2025, representing a growth of 440.37% this year [2] - The fund has maintained a strong holder base, with over 24,800 accounts by Q2 2025, making it one of the few products with more than 20,000 holders in the market [2] Group 3: Investment Strategy and Returns - The Huatai-PB CSI Dividend Low Volatility ETF primarily invests in the Dividend Low Volatility ETF, which has achieved a cumulative return of 127.74% since its establishment [3] - The fund has a consistent dividend distribution record, having implemented dividends for 27 consecutive months, making it one of the few products with over 25 cumulative dividends [3] Group 4: Promotion of Pension Investment Concepts - The company has actively engaged in promoting pension investment concepts through various educational activities, targeting young audiences to raise awareness about personal pension planning [5] - The promotion of the dividend low volatility strategy aligns with the long-term investment goals of the personal pension system, emphasizing risk control and sustainable growth [6][8] Group 5: Market Environment and Policy Support - The low-interest-rate environment enhances the attractiveness of high-dividend strategies as a long-term investment option, with the dividend low volatility index yielding 4.16% as of December 5, 2025, significantly higher than the 1.8% yield of ten-year government bonds [7] - Supportive policies from regulatory bodies have encouraged A-share listed companies to increase dividend payouts, providing a favorable backdrop for the dividend low volatility strategy in the long-term allocation of pension funds [7]