公募基金周报：权益市场主要指数延续上涨，食品饮料表现突出-2025-03-17

Market Overview - The main indices in the equity market continued to rise, with the Shanghai Composite Index showing the largest increase of 2.85% last week [9][10]. - Among the 31 Shenwan first-level industries, only 2 industries experienced a decline, with food and beverage, non-bank financials, commercial trade, automotive, and leisure services being the top five performing sectors, particularly food and beverage which rose over 5% [9][15]. Valuation Analysis - The valuation of major indices mostly increased, with the historical percentile of the price-to-earnings (P/E) ratio for the Shanghai Composite Index and CSI 300 rising by 4.9 percentage points and 3.4 percentage points, reaching 65.3% and 64.1% respectively [19][21]. - The historical percentile of the P/E ratio for the ChiNext Index is at a low of 19.3% [19]. - The highest P/E ratio historical percentiles among industries were for real estate, automotive, electronics, comprehensive, and building materials, with real estate reaching 90.3%, indicating potential correction risks [19][22]. Fund Performance - In the public fund market, equity funds performed relatively well, with quantitative funds rising over 1% [24]. - The average weekly net value of FOF funds decreased by 0.40%, with only 5.57% showing positive returns, while QDII funds averaged a decline of 2.04% with a positive return ratio of 23.37% [24][25]. ETF Market Insights - The cross-border ETF saw a net inflow of 9.938 billion yuan, with the overall ETF market achieving an average daily trading volume of 262.592 billion yuan and a turnover rate of 10.32% [33][34]. - The top five ETF tracking indices by scale were the CSI 300 Index, CSI A500 Index, STAR Market 50 Index, SSE 50 Index, and CSI Small Cap 500 Index [34][36]. Fund Issuance Statistics - A total of 19 new funds were issued last week, a decrease of 28 from the previous period, including 10 passive index funds primarily tracking stocks [37][38]. - The total amount raised by newly established funds was 17.807 billion yuan, with the largest being the Jin Ying CSI Interbank Certificate of Deposit AAA Index 7-day holding fund, raising approximately 5.001 billion yuan [37].