两大指数公司集体调整指数使用费【国信金工】

Market Review - The A-share market showed a mixed performance last week, with the Sci-Tech 50, CSI 1000, and CSI 500 indices gaining 0.78%, 0.18%, and 0.08% respectively, while the SME Composite, Shanghai Composite, and CSI 300 indices fell by -0.49%, -0.49%, and -0.43% respectively [5][14] - The media, computer, and electronics sectors performed well, with returns of 2.86%, 2.66%, and 1.30% respectively, while the comprehensive, financial, and real estate sectors lagged with returns of -3.48%, -3.21%, and -2.93% respectively [21][22] - The central bank's net reverse repurchase was 735.8 billion yuan, with 504.5 billion yuan maturing, resulting in a net open market injection of 1.2403 trillion yuan [23] Fund Performance - Last week, 37 new funds were established with a total issuance scale of 21.998 billion yuan, a decrease from the previous week. The types of funds included 9 passive index funds and 19 enhanced index funds, with issuance scales of 4.332 billion yuan and 4.176 billion yuan respectively [4][44] - The median returns for active equity, flexible allocation, and balanced mixed funds were 0.35%, 0.07%, and -0.11% respectively. Year-to-date, alternative funds have performed the best with a median return of 6.56% [33][35] - The median excess return for index-enhanced funds was -0.08%, while the median return for quantitative hedging funds was -0.10%. Year-to-date, the median excess return for index-enhanced funds was 1.25% [36][37] Fund Issuance - A total of 19 funds were reported for issuance last week, including 2 FOFs and several ETFs such as E Fund National Growth 100 ETF and Huaxia CSI A500 Enhanced Strategy ETF [5][6] - The issuance of new funds last week was lower than the previous week, with 6 funds entering the issuance phase and 27 funds expected to start issuance this week [4][5] Index Adjustments - On April 28, two major index companies announced a reduction in index usage fees for domestic public index products, including the cancellation of fixed usage fees and a 20% reduction in basis point rates starting April 1, 2025 [10][12][13]