指数增强基金密集上报，成立数量已超去年全年

Core Viewpoint - The surge in the establishment of index-enhanced funds indicates a shift in the public fund industry towards passive investment strategies, with 76 such funds launched in the first half of the year, surpassing the total for the entire previous year [1][3]. Group 1: Market Trends - The number of index-enhanced funds established in 2023 has reached 76 by June 20, compared to only 42 in the entirety of 2022 [3]. - The most popular benchmark for these funds is the CSI A500 index, with 41 funds utilizing it, alongside others focusing on the STAR Market Composite Index and the CSI 800 index [3]. - The rapid growth of index funds reflects an increasing acceptance in the market, driven by the poor performance of actively managed funds over the past two years [4]. Group 2: Performance Insights - The average excess return of index-enhanced funds across the market is 2.58%, with six funds outperforming their benchmarks by over 10 percentage points [1]. - Notable performers include the Chuangjin Hexin North Certificate 50 Enhanced A fund, which achieved a net value growth rate of 28.21% year-to-date [7]. - Small-cap style index-enhanced funds have shown particularly strong performance, with several funds exceeding a 15% increase in net value [8]. Group 3: Factors Driving Growth - The growth in index-enhanced funds is attributed to three main factors: the underperformance of actively managed funds, the introduction of attractive new indices, and regulatory encouragement for index-based investments [3]. - The competitive landscape has made it challenging for new entrants to compete directly on standard indices, making index-enhanced funds a viable alternative [4]. - The active engagement of leading fund sales platforms, such as Ant Fund, has further fueled the enthusiasm for index-enhanced fund offerings [5].