Core Insights - The article discusses the dividend distribution plan for a fund, highlighting key dates and financial metrics related to the distribution [1] - It emphasizes the current market context for dividend investment strategies, particularly the performance of two types of ETFs [2] Group 1: Dividend Distribution Details - The dividend distribution benchmark date is set for August 29, 2025, with a unit dividend of 0.0030 yuan [1] - The benchmark unit net value is 1.1301 yuan, resulting in a dividend ratio of 0.27% [1] - Key dates include the rights registration date on September 12, 2025, the ex-dividend date on September 15, 2025, and the payment date on September 17, 2025 [1] Group 2: Market Analysis and Investment Strategies - The article highlights the "value growth" strategy of the CSI Dividend Quality ETF, focusing on high dividend yields and high profitability quality, particularly in consumer and pharmaceutical sectors [2] - Historical data indicates that this index has outperformed mainstream broad-based indices, offering a dividend yield of 3%-5% alongside stable ROE performance, providing both defensive and growth potential [2] - The "deep value" strategy represented by the Hong Kong Dividend Low Volatility ETF tracks the Hang Seng High Dividend Low Volatility Index, emphasizing high dividend yields and low volatility, with a current yield exceeding 6% [2] - The article suggests a dynamic balance in dividend opportunities, recommending aggressive investors consider the CSI Dividend Quality ETF, while conservative investors focus on the Hong Kong Dividend Low Volatility ETF [2]

Core Viewpoint - Two dividend-focused ETF products from China Merchants Fund have recently distributed dividends, highlighting their performance and appeal in the current market environment [1]. Group 1: ETF Products Overview - The Hong Kong Dividend Low Volatility ETF (520550) has distributed dividends for the fourth consecutive month, with a payout of 0.004 yuan per share, and the distribution will be credited on August 20 [1]. - The Hong Kong Dividend Low Volatility ETF tracks the Hang Seng Hong Kong Stock Connect High Dividend Low Volatility Index, utilizing a "dual-factor" screening strategy, focusing on defensive sectors like finance and utilities [1]. - The current dividend yield of the index exceeds 5%, combined with the undervaluation of Hong Kong stocks, demonstrating strong risk resistance [1]. Group 2: Investment Strategies - The CSI Dividend Quality ETF (159209) employs a "high dividend + high quality" strategy, selecting premium stocks from sectors such as consumer goods and pharmaceuticals [1]. - Historical performance indicates that this index maintains a dividend yield of 3%-5% while outperforming broad market indices in the long term [1]. - Market analysts suggest that these two products represent "defensive and stable" and "growth and value" investment directions, providing differentiated allocation options for investors [1]. Group 3: Fee Structure and Investor Experience - Both ETFs feature a low fee rate of 0.2% per year and a monthly dividend assessment mechanism, which is expected to enhance the long-term investment experience for holders [1].

Core Viewpoint - Two unique dividend ETF products from China Merchants Fund have simultaneously initiated dividend distributions, reflecting the ongoing trend of dividend investment strategies in the market [1] Group 1: Dividend Distribution Details - The CSI Dividend Quality ETF (159209) has announced its second dividend distribution of the year, with a cash dividend of 0.003 yuan per share, representing a distribution ratio of 0.3% [1] - The Hong Kong Dividend Low Volatility ETF (520550) is implementing its fourth dividend distribution of the year, with a cash dividend of 0.004 yuan per share, representing a distribution ratio of 0.33% [1] - Both products have set the record date for dividend distribution on August 14 [1] Group 2: Investment Strategies and Market Analysis - The Hong Kong Dividend Low Volatility ETF tracks the Hang Seng Hong Kong Stock Connect High Dividend Low Volatility Index, utilizing a "high dividend + low volatility" dual-factor screening mechanism, focusing on defensive sectors such as finance and public utilities [1] - The current dividend yield of this index exceeds 5%, supported by the undervaluation of Hong Kong stocks and state-owned enterprise dividend policies, showcasing strong anti-volatility characteristics [1] - The CSI Dividend Quality ETF employs a "high dividend + high profitability quality" strategy, focusing on high-quality fundamentals in sectors like consumer goods and pharmaceuticals [1] - Historical data indicates that this index has outperformed mainstream broad-based indices in terms of long-term returns, with a dividend yield of 3%-5% combined with stable ROE performance, offering both defensive attributes and growth potential [1]