Group 1 - The A-share market has been experiencing continuous fluctuations this year, with the Southern Dividend Low Volatility 50 ETF (515450) gaining popularity due to its steady performance in a volatile environment, surpassing a scale of 10 billion yuan as of June 30 [1][3] - The Southern Dividend Low Volatility 50 ETF closely tracks the S&P China A-Share Large Cap Dividend Low Volatility 50 Index, which selects 50 high dividend yield and low volatility large-cap stocks from the A-share market, constructed using a dividend yield weighting method [3] - As of June 27, 2025, the index's dividend yield reached 5.45%, significantly outperforming the yield of 10-year government bonds, highlighting its high allocation value in a low-interest-rate environment [3] Group 2 - The index is designed to prioritize low-volatility stocks among high-dividend stocks, providing strong downside protection during market fluctuations and effectively reducing market risk for investors [3] - The index is diversified across multiple sectors, including banking, utilities, and transportation, which mitigates single-industry risk and enhances overall stability [3] - Recent policies, such as the new "National Nine Articles," have strengthened dividend regulation for listed companies, increasing the attractiveness of dividend assets [3] Group 3 - The Southern Fund Index team has a diverse background in mathematics, computer science, and financial engineering, possessing extensive experience in index product development, quantitative research, and fund management, leading the industry in tracking error control [4] - As of March 31, 2025, the Southern Fund's stock ETFs have ranked first in tracking accuracy among peers over the past decade [4]