10月10日，A股市场开盘走低，主要股指有所回调。而在震荡行情中，分散投资、风格清晰、费率较低 的核心宽基ETF作为把握市场整体机会的有力工具之一，聚焦核心资产、目前市场规模同类居首的 A500ETF华泰柏瑞（563360）也因此备受关注。（指数数据来源：wind，规模数据来源：交易所，截至 2025/10/9，A500ETF华泰柏瑞规模277.76亿元） 风险提示：基金有风险，投资须谨慎。如需购买相关基金产品，请您关注投资者适当性管理相关规定， 提前做好风险测评，并根据您自身的风险承受能力购买与之相匹配的风险等级的基金产品。基金过往业 绩不代表其未来表现，基金管理人管理的其他基金的业绩并不构成基金业绩表现的保证。投资者在投资 基金前，需充分了解基金的产品特性，并承担基金投资中出现的各类风险。请仔细阅读基金合同、基金 招募说明书和产品资料概要等法律文件，了解基金的具体情况。指数由中证指数有限公司（"中证"）编 制和计算，其所有权归属中证。中证将采取一切必要措施以确保指数的准确性，但不对此作任何保证， 亦不因指数的任何错误对任何人负责。 MACD金叉信号形成，这些股涨势不错！ 责任编辑：石秀珍 SF183 产品 ...

近期，在多方面利好的共同作用下，A股市场持续火热，聚焦A股核心资产的A500ETF华泰柏瑞 （563360）成为广大投资者把握市场机会的优质抓手。交易所数据显示，截至9月30日，A500ETF华泰 柏瑞（563360）规模为283.93亿元，具有一定流动性优势。 基本面方面，国家统计局数据显示，9月中国制造业采购经理指数（PMI）为49.8%，比上月上升0.4个 百分点，制造业景气水平继续改善。此外，十一长假文旅数据稳步增长、景气仍高，交通运输部数据显 示，10月1日至8日，全社会跨区域人员流动量累计预计将超24.32亿人次，创历史新高，日均3.04亿人 次，同比增长6.2%。基本面上的多项利好，推动A股市场节后高开，也让涵盖A股各行业龙头的 A500ETF华泰柏瑞（563360）有望受益。 展望后市，兴业证券在研报中表示，受全球货币政策和财政政策双宽松的政策预期提振，"十一"假期期 间全球风险资产表现亮眼，为节后A股行情演绎创造积极的宏观环境。10月，A股市场进入三季报交易 窗口，有望带动市场聚焦景气线索，提供更多可挖掘的投资机会。在A股市场有望延续火热的背景下， 以均衡视角全面布局A股核心资产的A500E ...

9月26日 ，三大股指集体收跌，创指收跌超2%，红利低波ETF（512890）收平，报1.149元，换手率 1.73%，成交额3.51亿元，居同类标的ETF首位。 兴业证券在最新分析中强调，从中长期维度看，红利资产仍将是重要主线方向。一方面，在高胜率投资 需求下，红利板块的 "新底仓资产" 属性愈发重要；另一方面，当前市场高景气赛道稀缺，进一步强化 了资金对红利资产的配置偏好。这一观点与高盛此前提出的 "看好股东回报主题" 不谋而合，而 红利低 波ETF（512890）追踪的中证红利低波动指数，恰好聚焦高分红、低波动上市公司，与机构关注方向高 度契合。 针对普通投资者，业内专家建议可将红利低波ETF（512890）作为资产配置中稳健收益的核心组成部 分，通过定投方式分散入场时点，降低短期波动影响。对于没有股票账户的投资者，也可通过其场外联 接基金进行配置（A类份额代码：007466；C类份额代码：007467；I类份额代码：022678；Y类份额代 码：022951）。 风险提示：基金有风险，投资需谨慎。过往业绩并不预示其未来表现。投资者在做出投资决策前，应认 真阅读基金合同、招募说明书等文件，结合自身风险承 ...

今年以来（2025/1/1-9/25），随着内地资金加速涌入港股，南向资金成交额占港股总体成交额比重加速 抬升，非必需性消费、金融业等港股高股息板块成为资金大幅加仓的主要方向，驱动AH股溢价持续收 敛，Wind数据显示，截至今年9月25日，恒生AH股溢价指数119.81，回落至2019年以来（2019/1/1- 2025/9/25）的低位区间。 （数据来源：Wind） 数据显示，在红利指数、红利低波指数14只、16只"A+H"两地上市的成份股中，目前分别已有7只、9只 个股的AH股溢价处于20%以下，或在估值修复中逐渐收窄了其与对应A股的股价差距。因此，即使A股 红利类指数普遍自2025年8月下旬以来（8/25-9/25）蓄势调整，部分红利类主题ETF标杆品种近期资金 净流入显著，成交额也迎来同步放量。 （数据来源：Wind、中证指数公司，数据截至25/9/25） 作为国内首批ETF管理人之一，华泰柏瑞基金在红利类主题指数投资领域拥有超过18年的管理经验，除 了红利ETF（510880）、红利低波ETF（512890），还一手打造了包括首只（成立于2022/4/8）通过 QDII模式投资港股通高股息（CNY） ...

伴随着资金布局脚步加速，交易所数据显示，自9月16日以来，红利ETF（510880）基金规模在历 经连续五个交易日抬升后，最新规模达194.76亿元，创下近三月以来新高，也是全市场为数不多的超百 亿元的红利主题ETF。此外，截至9月22日，A股市场另一只仅有的两百亿级红利主题ETF——红利低波 ETF（512890）最新规模达202.27亿元。 面对当前板块内部轮动加剧与长期低利率的投资环境，市场资金的避险情绪与追求更高确定性收益 来源的配置需求或正在逐步升温，股息回报整体稳定、资产质量较优的红利类资产长期配置逻辑仍然相 对清晰，兼具规模与流动性优势的红利ETF（510880）、红利低波ETF（512890）有望成为资金进行底 仓配置或哑铃布局的重要方向之一。 根据最新披露的2025年基金中期报告，红利ETF（510880）最新持有人户数达42.18万户，是同期 全市场仅有的持有人户数超40万户的红利主题ETF；红利低波ETF（512890）的联接基金（包括A类 007466，C类007467，I类022678，Y类022951）累计持有人户数116.31万户，也是同期市场仅有的持有 人户数超100万户的红利 ...

昨日（9/23）市场整体震荡，红利指数、红利低波指数在银行板块的逆势上扬下彰显十足韧性，叠加长 假前交投情绪有所反复，防御属性突出的高股息资产或仍是市场资金的配置焦点之一，部分红利类主题 ETF标杆品种近期资金净流入显著，成交额也迎来同步放量。 （数据来源：Wind） 其中，市场首只（成立于06/11/17）红利主题ETF——红利ETF（510880）自9月18日以来连续4个交易 日（9/18-9/23）单日成交额实现放量，区间日均成交额达7.5亿元，较今年年初以来（1/1-9/23）的日均 成交额水平近乎翻倍，交投情绪的活跃也助推红利ETF（510880）迎来了资金密集加仓，9月18日至23 日累计吸金6.73亿元，是同期全市场红利类主题ETF中仅有的资金净流入超6亿元的产品。 （数据来源：Wind） 据最新披露的2025年基金中期报告显示，红利ETF（510880）最新持有人户数达42.18万户，是同期全 市场仅有的持有人户数超40万户的红利主题ETF；红利低波ETF（512890）的联接基金（包括A类 007466，C类007467，I类022678，Y类022951）累计持有人户数116.31万户，也 ...

Core Viewpoint - The market experienced a significant decline on September 23, with the Shanghai Composite Index dropping over 1% and falling below 3800 points, while the Dividend Low Volatility ETF (512890) showed resilience by increasing 0.09% to 1.151 yuan, indicating strong investor interest [1][2]. Fund Performance - The Dividend Low Volatility ETF (512890) had a trading price of 1.151 yuan, with a slight increase of 0.09% and a turnover rate of 1.38%, achieving a half-day trading volume of 279 million yuan, leading among similar ETFs [1][2]. - Over the past five trading days, the ETF saw a net inflow of 257 million yuan, with a total net inflow of 3 billion yuan over the last 20 trading days and 21.53 billion yuan over the last 60 trading days, indicating strong demand [2][3]. Historical Performance - As of September 22, 2025, the Dividend Low Volatility ETF has achieved a cumulative return of 129.82% since its inception in December 2018, outperforming its benchmark and ranking 77th among 502 similar products [7]. - The fund has consistently delivered positive returns each year from 2019 to 2024, showcasing its strong volatility resistance and stable performance [7]. Investment Strategy - Analysts suggest that investors consider a systematic investment approach to participate in the Dividend Low Volatility ETF, which can serve as a key component for stable returns in asset allocation [7].

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]

Group 1 - The core viewpoint of the news highlights a positive market sentiment with a focus on stable investment strategies, particularly the performance of the Red Dividend Low Volatility ETF (512890) [1][3][5] - The Red Dividend Low Volatility ETF has seen significant net inflows, with 1.2 billion CNY in the last 10 trading days and 18.86 billion CNY over the last 60 trading days, maintaining a scale above 20 billion CNY [1][3][6] - The ETF's current trading price is 1.174 CNY, reflecting a 0.34% increase, with a turnover rate of 0.93% and a transaction volume of 1.89 billion CNY [1][2][4] Group 2 - Institutional investors and risk-sensitive individual investors are showing a cautious but persistent attitude towards the market, favoring the Red Dividend Low Volatility strategy to manage potential drawdowns while still participating in market rebounds [5][6] - The outlook for the Red Dividend Low Volatility strategy is optimistic, driven by policy support and fundamental changes, including an increase in dividend payouts from listed companies and a favorable comparison of dividend yields to risk-free rates [6][5] - Since its inception in December 2018, the Red Dividend Low Volatility ETF has achieved a cumulative return of 134.04%, outperforming its benchmark and ranking 73rd among 502 similar products, demonstrating strong resilience and stability [6][5]

Core Viewpoint - The recent pullback of dividend indices since late August may present an attractive allocation window for investors, particularly in a low-risk environment where dividend assets remain appealing to risk-averse funds [1][2]. Group 1: Market Performance and Trends - The Shanghai Composite Index has recently surpassed 3,800 points, leading to a continuous pullback in dividend indices, specifically the Dividend ETF (510880) and Low Volatility Dividend ETF (512890) [1]. - From August 27 to September 15, the Dividend ETF and Low Volatility Dividend ETF saw significant trading volume, with daily transaction amounts exceeding 500 million yuan on September 15 [1]. - The Dividend ETF (510880) recorded a net inflow of 1.558 billion yuan over 12 out of 14 trading days during the same period, indicating a growing demand for dividend assets amid market fluctuations [1]. Group 2: Fund Characteristics and Investor Interest - The Dividend ETF (510880) and Low Volatility Dividend ETF (512890) have become key options for investors, with sizes of 19.091 billion yuan and 20.415 billion yuan respectively, making them among the few dividend-themed ETFs exceeding 10 billion yuan in A-share market [2]. - As of September 15, the Dividend ETF (510880) had 421,830 million yuan in total management scale, reflecting the strong interest from investors [4]. - The number of holders for the Dividend ETF reached 421,800, while the Low Volatility Dividend ETF's linked funds had a total of 1,163,100 holders, showcasing their popularity in the market [3]. Group 3: External Factors Influencing Investment - Recent reports indicate a surge in foreign investment interest in the Chinese market, with significant net inflows recorded in August, particularly in high-dividend assets, technology growth, and high-end manufacturing sectors [2]. - The strong inflow of foreign capital is expected to continue supporting the valuation recovery of high-quality dividend assets [2].