Group 1 - The core viewpoint is that the German ETF has shown significant growth in scale and performance, with a 14.12 million yuan increase in the past year, ranking first among comparable funds [2] - The German ETF has maintained a balance in recent fund inflows and outflows, with a total of 10 trading days attracting 10.88 million yuan [2] - Leveraged funds are increasingly investing in the German ETF, with a net buying amount of 8.09 million yuan on the previous trading day and a latest financing balance of 23.09 million yuan [2] Group 2 - As of July 25, the net value of the German ETF has increased by 39.13% over the past year, with a maximum monthly return of 6.97% since its inception [2] - The management fee for the German ETF is 0.50%, and the custody fee is 0.10%, making it the lowest among comparable funds [2] - The tracking error for the German ETF over the past month is 0.008%, indicating the highest tracking accuracy among comparable funds [2] Group 3 - The German ETF closely tracks the DAX index, which includes the 40 largest and most liquid blue-chip companies in Germany, reflecting the performance of key industries such as high-end manufacturing and financial services [2] - The German government plans to approve a record investment of 126.7 billion euros in the 2026 budget draft, aimed at revitalizing the economy and enhancing infrastructure and defense spending [3] - This large-scale spending plan is viewed as a crucial measure for stimulating Germany's economy, which has not seen growth for two consecutive years [3]