过去一年以来，A股科技主题投资方兴未艾，芯片半导体、AI大模型、人形机器人、生物科技、低轨卫 星等科技投资主题层出不穷，未来在新质生产力建设和"十五五规划"的战略引领下，科技成长类资产有 望成为A股市场中具备长期配置价值的资产。然而长久以来，在投资上如何定义"科技成长"风格，始终 是投资者面临的现实问题。不少投资者尽管主观上希望配置更均衡的成长资产，但实际却因为缺乏适当 的投资配置工具，被动选择在风口赛道和热门主题基金中辗转腾挪，并承受行业轮动的风险。 兴业基金目前正在发售的兴业中证科技优势成长50策略ETF，正是为有效化解上述投资难题而创设的工 具型产品。公开资料显示，该产品跟踪的中证科技优势成长50策略指数，从计算机、半导体、电子、通 信设备、游戏、数字媒体、航空航天与国防、生物科技、医疗器械等科技行业上市公司证券中，通过成 长、创新、价值、低波、质量等因子进行选样和加权，旨在为投资者提供基于科技行业的多因子策略投 资标的。 在编制方案上，该指数创新结合"科技行业筛选"和"多因子Smartβ策略"，致力有效解决"聚焦科技赛 道"和"分散主题风险"这一看似矛盾的问题。根据最新的公开信息，中证科技优势成长50 ...

Group 1 - The core viewpoint of the report is that the CSI Technology Advantage Growth 50 Strategy Index (referred to as Technology 50 Strategy) utilizes multiple factors such as growth, innovation, value, low volatility, and quality to select and weight stocks from the technology sector, aiming to provide investors with a multi-factor strategy investment target based on the technology industry [1][7][11] - As of December 31, 2025, the top ten constituent stocks of the Technology 50 Strategy Index are primarily leading companies across various technology sub-sectors, with the top five stocks accounting for 17.63% and the top ten stocks accounting for 30.93% of the index's total weight [1][10][11] - The index is biased towards large-cap stocks, with 31 constituents having a market capitalization exceeding 100 billion yuan, while only 2 constituents have a market capitalization below 10 billion yuan [1][11] Group 2 - The report compares the Technology 50 Strategy Index with other representative technology and innovation indices, noting that the Technology 50 Strategy Index achieved an annualized return of 11.96% from January 1, 2020, to December 31, 2025, ranking third among six technology and innovation indices [1][57][60] - The Technology 50 Strategy Index shows lower volatility in revenue growth compared to other indices, with a projected revenue growth rate of 33.65% for 2026, which is higher than that of the other five technology and innovation indices [1][61][62] - The selection of constituent stocks for the Technology 50 Strategy Index incorporates 11 factors, providing a more comprehensive evaluation compared to other indices that focus on fewer factors [1][67][68]