Group 1 - The A-share market is experiencing increased volatility, particularly within the technology growth sector, leading to a rise in defensive demand as trading sentiment declines ahead of the upcoming holiday [1] - Since mid-August, high-dividend assets have gained attractiveness, with the Dividend ETF (510880) becoming a key focus for capital allocation [1] - The Dividend ETF (510880) has seen significant trading volume, with an average daily trading volume of 930 million yuan from September 18 to 19, doubling compared to the average daily trading volume since the beginning of the year [1] Group 2 - The Dividend ETF (510880) has reached a new high in fund size of 19.468 billion yuan, making it one of the few dividend-themed ETFs exceeding 10 billion yuan [2] - The low-volatility dividend ETF (512890) has also achieved a fund size of 20.348 billion yuan as of September 19 [2] - The anticipated interest rate cuts by the Federal Reserve are expected to benefit both A-shares and Hong Kong stocks, potentially leading to a structural market rally [2] Group 3 - The Dividend ETF (510880) has a holder count of 421,800, making it the only dividend-themed ETF with over 400,000 holders in the market [3] - The low-volatility dividend ETF (512890) and its linked funds have a combined holder count of 1.1631 million, also making it a significant player in the market [3] Group 4 - The Dividend ETF (510880) has distributed over 4 billion yuan in dividends since its inception, with a total of 42.98 billion yuan in cumulative dividends [4] - The fund has been operational for 18 years and has distributed dividends 18 times [4] Group 5 - Huatai-PB Fund, a pioneer in ETF management, has over 18 years of experience in dividend-themed index investments, managing a total of 42.444 billion yuan across its dividend-themed ETFs [5] - The "Dividend Family" includes multiple ETFs, such as the Dividend ETF (510880) and the low-volatility dividend ETF (512890) [5]

Core Viewpoint - The A-share technology sector experienced a collective pullback, while high-dividend assets demonstrated resilience, attracting significant capital inflows during the volatile market conditions [1] Group 1: Fund Inflows and Performance - The dividend-themed ETFs, specifically the Dividend ETF (510880) and the Low Volatility Dividend ETF (512890), saw accelerated capital inflows, with 3.69 billion and 3.64 billion respectively from September 3 to September 4 [1] - From August 27 to September 4, the Dividend ETF (510880) and the Low Volatility Dividend ETF (512890) recorded average daily trading volumes of 6.04 billion and 5.09 billion respectively, indicating strong investor interest in high-dividend assets [1] - The Dividend ETF (510880) attracted a total of 12.9 billion in capital over the past seven trading days, leading to continuous weekly net growth in fund size and shares for nearly four weeks [2] Group 2: Fund Size and Holder Statistics - As of September 4, the Dividend ETF (510880) and the Low Volatility Dividend ETF (512890) had fund sizes of 18.989 billion and 20.876 billion respectively, making them among the few dividend-themed ETFs in the A-share market to exceed 10 billion [3] - The Dividend ETF (510880) has a holder count of 421,800, while the Low Volatility Dividend ETF (512890) has a total of 1,163,100 holders, indicating strong market participation [3] Group 3: Dividend Distribution - The Dividend ETF (510880) has distributed over 4 billion in dividends since its inception, with a total of 42.98 billion distributed across 18 occasions [4] Group 4: Management and Strategy - The management company, Huatai-PB Fund, is one of the first ETF managers in China, with over 18 years of experience in managing dividend-themed index investments, overseeing a total management scale of 42.575 billion across various dividend ETFs [5]