9年超额51个百分点！“量化双星”联手再战增强型ETF，新基（562070）今日重磅上市

Core Viewpoint - The ETF market is heating up, with the launch of the Hu-Shen 300 Enhanced Strategy ETF (562070) on December 25, 2025, indicating strong market expectations for A-shares and the performance of this new ETF is anticipated to be promising [1][8]. Group 1: ETF Market Dynamics - The Hu-Shen 300 Enhanced Strategy ETF is the second index-enhanced ETF launched by Huabao Fund in 2025, following the debut of the first "Chuangye Board Comprehensive Enhanced ETF" in August [2][9]. - The index-enhanced ETF category has evolved from a niche to a robust segment, with increasing competition and a focus on generating excess returns through quantitative research [2][9]. - As of September 30, 2025, ETFs based on the Hu-Shen 300 index accounted for over 30% of the total size of stock-type ETFs, highlighting its central role in equity allocation [2][9]. Group 2: Fund Management and Performance - The Hu-Shen 300 Enhanced ETF is managed by experienced fund managers Wang Zheng and Xu Linming, indicating Huabao Fund's commitment to this product [2][9]. - The Huabao Hu-Shen 300 Enhanced Fund, managed by the same team, has shown impressive long-term performance, with a net value increase of 102.38% and an excess return of 51.04% since its inception on December 9, 2016, as of September 30, 2025 [3][10]. - The fund has achieved excess returns in 7 out of 8 years from 2017 to 2024, demonstrating the effectiveness of its investment strategy [3][10]. Group 3: Market Trends and Stock Composition - The Hu-Shen 300 index has undergone significant changes over the past decade, with nearly half of its constituent stocks being replaced by new industry leaders such as Ningde Times and Mindray Medical, reflecting the ongoing transformation of China's economic structure [2][9]. - The continuous updating of the Hu-Shen 300 index constituents symbolizes the evolution and upgrading of China's industrial landscape [2][9].