每经记者 彭水萍 每经编辑 赵云 今年的行情已走过三个季度，一些买宽基ETF的朋友在今年国庆节假期可能有点"懵"：手里的宽基 产品明明涨得不错（沪深300涨近18%，创业板指涨51%），怎么份额反倒悄悄少了？看数据更直观， 全市场宽基ETF总规模从2.19万亿元冲到2.51万亿元，猛增3200亿元，可份额却掉了2241.5亿份。这不 是"bug"，而是两个"小秘密"在搞事：一是净值涨得太凶，把你止盈卖出的份额"盖"住了；二是大家开 始"移情别恋"——行业、主题ETF（贴热点、弹性高）以及债券ETF这些"新欢"抢了宽基的"旧爱"位 置。 原来，市场早就从"买个宽基躺平"，变成"挑着热点精准进攻"了。 此外，宽基ETF内部也出现明显分化：有的稳如泰山（几只沪深300ETF业绩、规模稳健增长）， 有的涨得越猛却被卖得越狠（3只涨超50%的成长宽基产品遭遇超百亿元级的净赎回），这又是怎么回 事？ 净值拉升助力规模增长 今年前三季度，A股主要宽基指数震荡攀升，沪深300指数涨17.94%，上证50指数涨11.33%，中证 A500指数上涨21.91%；创业板和科创板相关宽基指数表现更为强势，创业板指前三季度大涨51.2 ...

Group 1 - The current market trend is characterized by a strong institutional focus on various sectors, including pharmaceuticals, technology, and new energy, leading to increased volatility and the risk of missing investment opportunities [1][6] - The China Securities Innovation and Entrepreneurship 50 Index (CSI 50) encompasses four major thriving sectors, providing a comprehensive representation of emerging industries [2][6] - The CSI 50 index has shown superior performance, with a return rate exceeding 50% since July, outperforming both the ChiNext 50 and the Science and Technology 50 indices [3][5] Group 2 - The CSI 50 index has a year-to-date return of 53.54%, significantly higher than the ChiNext 50's 48.82% and the Science and Technology 50's 32.15% [5] - The index's balanced industry distribution across AI, energy storage, domestic chips, and biomedicine contributes to its high success rate in the current market [6][7] - The index's ETFs, such as E Fund and Huaxia, have become popular due to their strong performance and low management fees, with E Fund's ETF achieving a return rate of nearly 109% in the past year [8][9] Group 3 - The enhanced strategy ETF from GF Fund has demonstrated notable excess returns of 1.52% and 4.48% over one and three years, respectively, showcasing effective market judgment [11][13] - The CSI 50 ETF's cross-market allocation allows it to benefit from the differentiated advantages of both the Science and Technology Board and the ChiNext, aligning with the trend of technological innovation [13]

| 基金代 | 基金简称 | 今日涨跌 | 今日成交额 | 较上一交易日增加 | 环比增幅 | | --- | --- | --- | --- | --- | --- | | 码 | | 幅 | | | | | 159783 | 华夏中证科创创业50ETF | 2.43% | 9981.54万元 | 4996.78万元 | 100.24% | | 159780 | 南方中证科创创业50ETF | 2.60% | 1.06亿元 | 4354.77万元 | 69.53% | | 588330 | 华宝双创龙头ETF | 2.56% | 5446.87万元 | 3199.19万元 | 142.33% | | 159782 | 双创50 | 2.44% | 3724.67万元 | 2912.09万元 | 358.38% | | 588400 | 嘉实中证科创创业50ETF | 2.74% | 5613.62万元 | 2848.27万元 | 103.00% | | 159781 | 易方达中证科创创业50ETF | 2.29% | 1.75亿元 | 2784.83万元 | 18.95% | | 588300 | 招商中 ...

Core Viewpoint - The article highlights the strategic positioning of Huaxia Fund in the STAR Market ETF space, emphasizing its comprehensive product matrix and significant asset scale, which exceeds 92 billion yuan, while continuing to innovate and adapt to market changes [2][3][5]. Group 1: Huaxia Fund's ETF Strategy - Huaxia Fund has established a robust product matrix in the STAR Market, including active equity funds, index products, and newly approved STAR bond ETFs, showcasing its commitment to supporting the transformation of technological innovations into financial products [3][5]. - As of June 27, Huaxia Fund manages 8 STAR Market ETFs with a total scale of 927.58 billion yuan, making it the leading fund company in this sector [5][6]. - The company has been proactive in launching products that align with the development of the STAR Market, such as the Huaxia STAR 50 ETF, which has become the largest fund tracking the STAR 50 index with a management scale of 826.42 billion yuan [6][7]. Group 2: Market Trends and Investor Behavior - The STAR Market has become a significant focus for public funds, with public funds holding a total market value of 811.79 billion yuan, accounting for 12.8% of the STAR Market's total market capitalization as of December 2024 [5]. - Investors are increasingly shifting towards index investments due to the volatility in the equity market and the declining profitability of active equity funds, with STAR Market ETFs standing out for their transparency, low fees, high liquidity, and risk diversification [5][8]. Group 3: Policy and Future Developments - The China Securities Regulatory Commission (CSRC) has proposed enhancing the inclusivity of the STAR Market by enriching the index and ETF categories, which is expected to attract more long-term capital to support new productive forces [2][10]. - Huaxia Fund is actively responding to policy changes and has submitted applications for the first batch of STAR bond ETFs, indicating its readiness to expand its product offerings in line with regulatory developments [10][15]. Group 4: Investment Management and Technology - Huaxia Fund emphasizes a systematic approach to index investment management, relying on strong research capabilities to identify investment opportunities and optimize product offerings [12][14]. - The company has developed a modular investment model and tools to assist investors in making informed decisions, thereby enhancing the overall investment experience [13][14].

Group 1 - The total trading volume of the CSI Innovation and Entrepreneurship 50 Index ETF reached 327 million yuan today, an increase of 72.84% compared to the previous trading day [1] - The E Fund CSI Innovation and Entrepreneurship 50 ETF (159781) had a trading volume of 84.41 million yuan, up 91.12% from the previous day [1] - The Southern CSI Innovation and Entrepreneurship 50 ETF (159780) saw a trading volume of 58.24 million yuan, with a significant increase of 125.26% [1] Group 2 - The average increase of related ETFs tracking the CSI Innovation and Entrepreneurship 50 Index was 1.64% at market close, with the top performers being the Fortune CSI Innovation and Entrepreneurship 50 ETF (588380) and the Guotai CSI Innovation and Entrepreneurship 50 ETF (588360), which rose by 1.84% and 1.74% respectively [2] - The trading volume of the GF CSI Innovation and Entrepreneurship 50 Enhanced Strategy ETF (588320) surged by 579.18%, indicating strong investor interest [2] - The trading volume of the Pengyang CSI Innovation and Entrepreneurship 50 ETF (588350) increased by 237.47%, reflecting a notable rise in market activity [2]

Group 1 - The total trading volume of the CSI Innovation and Entrepreneurship 50 Index ETF reached 245 million yuan today, an increase of 62.98 million yuan compared to the previous trading day, representing a growth rate of 34.63% [1] - The E Fund CSI Innovation and Entrepreneurship 50 ETF (159781) had a trading volume of 65.70 million yuan today, an increase of 17.63 million yuan from the previous day, with a growth rate of 36.69% [1] - The Hua Bao Double Innovation Leader ETF (588330) recorded a trading volume of 24.73 million yuan, up 11.63 million yuan from the previous day, with a growth rate of 88.81% [1] Group 2 - The average decline of ETFs tracking the CSI Innovation and Entrepreneurship 50 Index was 0.70% at market close today, with the largest declines seen in the E Fund CSI Innovation and Entrepreneurship 50 ETF (159781) and the Huaxia CSI Innovation and Entrepreneurship 50 ETF (159783), which fell by 0.94% and 0.93% respectively [1] - The trading volume of the Xingyin CSI Innovation and Entrepreneurship 50 ETF (588660) increased by 144.87%, while the Double Innovation 50 ETF (159782) saw an increase of 97.25% compared to the previous trading day [1]