华宝指数产品配置月报：2月建议关注金融科技ETF、券商ETF、电子ETF等产品250210

Investment Rating - The report suggests a "Buy" rating for the industry, indicating that the analyst predicts a relative strength of the industry index compared to the Shanghai Composite Index, expecting an increase of 10% or more within the next six months [27]. Core Insights - The report highlights the diverse range of index products offered by Huabao Fund, covering major A-share indices, industry and thematic indices, cross-border indices, Smart Beta indices, as well as commodity and bond indices, providing investors with a wide selection of options [2][4]. - As of the end of January 2025, Huabao Fund has significantly increased its presence in the ETF market, with a total of 29 ETF products amounting to a combined scale of 78.3 billion yuan [4]. - The report emphasizes a multi-dimensional scoring model that evaluates index performance based on historical performance, consensus expectations, historical momentum, and capital flow, which aids in selecting top-scoring indices for investment [8][10][13]. Summary by Sections Section 1: Huabao Fund's Index Product Layout - Huabao Fund has a rich layout in the index product field, covering various indices including large, mid, and small-cap indices, as well as major industry and thematic indices [2]. Section 2: ETF Market Presence - Huabao Fund has expanded its ETF offerings, with 29 ETFs totaling 783 billion yuan in assets as of January 2025, indicating a strong focus on key industry themes [4][5]. Section 3: Scoring Model for Index Selection - The report describes a comprehensive scoring model that incorporates multiple dimensions such as historical performance, capital flow, and analyst expectations to evaluate indices [8][10][13]. Section 4: Performance of Huabao Index Products - The historical performance of Huabao's index product combinations has been strong, with a noted decline of 3.42% in January 2025, suggesting a robust asset allocation strategy based on various performance metrics [17]. Section 5: Recommended ETFs - The report recommends focusing on specific ETFs including the Huabao Financial Technology ETF, Securities ETF, Banking ETF, Electronic ETF, and the ShenZhen Innovation 100 ETF for potential investment opportunities [23].