Core Viewpoint - The Hong Kong Dividend Index ETF (513630) has shown positive performance with a 1.18% increase in value and significant growth in shares and net asset value since its inception [1] Group 1: Fund Performance - The Hong Kong Dividend Index ETF (513630) recorded a return of 52.30% since its establishment on November 23, 2023 [1] - The fund's recent one-month return is 2.32% [1] Group 2: Trading Activity - On August 5, the ETF had a trading volume of 810 million yuan, with an increase of 57 million shares, bringing the total shares to 7.828 billion [1] - Over the past 20 trading days, the fund's shares have increased by 15 million [1] Group 3: Fund Management - The ETF is managed by Morgan Fund Management (China) Co., Ltd., with fund managers Wei Zhihao and Hu Di [1] - The performance benchmark for the ETF is the S&P Hong Kong Stock Connect Low Volatility Dividend Index [1] Group 4: Net Asset Value - The latest calculated net asset value of the fund is 11.923 billion yuan [1]

Core Viewpoint - The Hong Kong Dividend ETF Fund (513820) has shown resilience with a slight decline of 0.59% while experiencing net inflows for three consecutive days, highlighting its attractiveness in the market [1] Group 1: Fund Performance - The Hong Kong Dividend ETF Fund (513820) has distributed dividends for 11 consecutive times, leading in the number of distributions among Hong Kong dividend ETFs [1] - The fund's underlying index, the China Securities Hong Kong Stock Connect High Dividend Index, boasts a dividend yield of over 8% in the past 12 months, ranking it among the top in its category [5][6] - The fund's total return index has demonstrated strong long-term performance, with cumulative returns significantly higher than other similar dividend indices since 2017, indicating robust reinvestment effects [9] Group 2: Index Characteristics - The underlying index of the Hong Kong Dividend ETF Fund (513820) is classified as a pure dividend index, with stock selection and weighting based solely on dividend yield [6][4] - The index maintains a balanced industry distribution, with significant allocations in traditional high-dividend sectors such as banking (26.3%) and oil and petrochemicals (9.9%), while also diversifying into transportation (19.8%) and telecommunications (9.3%) [7] Group 3: Investment Strategy - The fund employs an innovative "monthly evaluation of dividends" strategy, allowing for up to 12 distributions per year, which enhances its appeal to investors seeking predictable income [14] - The fund's valuation advantage is highlighted by its lower valuation compared to A-shares, providing a more substantial margin of safety for investors [14] - The fund focuses on high-quality, high-dividend leading stocks, with a total of 30 constituent stocks, ensuring a concentrated yet diversified investment approach [14]