基金市场与ESG产品周报：周期主题基金净值涨幅显著，被动资金持续流入港股ETF-20250728

• The report tracks the performance of various fund products, highlighting that cyclical theme funds saw significant net value increases, with a gain of 5.97% as of July 25, 2025[2][39] - Passive index funds, particularly those focused on rare metals, building materials, and coal, performed well, with the median net value change for stock passive index funds being 2.32%[2][45] - The ETF market saw significant inflows into cyclical and manufacturing theme ETFs, with Hong Kong ETFs continuing to attract substantial inflows, totaling 95.45 billion yuan[3][57] - The report also monitors the high-frequency positions of active equity funds, noting an increase of 0.53 percentage points in their positions compared to the previous week[3][67] - ESG financial products are tracked, with the green bond issuance market heating up, issuing 23 new green bonds with a total issuance scale of 32.919 billion yuan[4][73] - The report provides a detailed breakdown of the performance of different types of ESG funds, with active equity, stock passive index, and bond ESG funds showing median net value changes of 1.77%, 2.40%, and -0.25%, respectively[4][85]