再现“一日售罄”！首批规模已增超3倍，为何受追捧？

Core Viewpoint - The article highlights the growing popularity and demand for the newly launched Science and Technology Innovation Bond ETFs (科创债ETF) in the market, indicating a strong institutional interest in these products due to their unique characteristics and the current economic environment [3][4][5]. Group 1: Market Demand and Performance - The second batch of 14 Science and Technology Innovation Bond ETFs was launched, with each product having a subscription limit of 30 billion yuan, reflecting strong market interest [3][4]. - The Tianhong Science and Technology Innovation Bond ETF raised over 29 billion yuan in just one day, showcasing the high demand for bond ETFs among institutional investors [4]. - The index tracked by the Tianhong ETF has shown an annualized return of 4.37% since June 2022, with a low annualized volatility of 1.05% and a maximum drawdown of only -1.41%, indicating strong performance metrics [4][6]. Group 2: Characteristics and Advantages - Science and Technology Innovation Bonds are issued by entities in the technology innovation sector, aligning with national policies to support technological development [5]. - The Tianhong ETF features T+0 trading, a minimum fee rate of 0.2%, and high credit quality investment targets, making it an attractive option for investors [4]. - Bond index funds, including ETFs, offer low management fees, strong tool attributes, and transparency in underlying assets, which are increasingly appealing in a low-interest-rate environment [7]. Group 3: Future Outlook - The issuance of Science and Technology Innovation Bonds is expected to continue growing, with a record issuance of over 360 billion yuan in May 2023, the highest level since 2021 [6]. - The macroeconomic environment suggests that interest rates may remain low, which could support a continued bullish trend in the bond market, particularly for Science and Technology Innovation Bonds [6].