Group 1 - The A-share market indices have recently reached new highs, leading to increased attention on ETFs, with trading volumes exceeding 400 billion yuan on several days [1] - The overall ETF market saw significant trading activity, with daily trading volumes of 410.5 billion yuan, 435.1 billion yuan, and nearly 493 billion yuan over three consecutive days [1] - A total of 15 broad-based ETFs had average daily trading volumes exceeding 1 billion yuan during this period, with notable performances from specific ETFs like Huaxia's STAR Market 50 ETF and the CSI A500 ETF [1] Group 2 - The average return of funds this year is 10.44%, while ETFs have performed better with an average return of 15.51%, with several ETFs exceeding 100% returns [2] - Analysts suggest a "core-satellite" strategy for asset allocation, where broad-based index funds serve as the main investment, while specific industry index funds are allocated as satellite positions [2] - The growth of stock ETFs contrasts with active equity funds, highlighting the diverse applications of ETFs in asset allocation and strategy [3]

Core Viewpoint - The article discusses how to select index funds for investment, particularly in the semiconductor industry, emphasizing the importance of understanding the entire industry chain and the available index products. Group 1: Industry Overview - The semiconductor industry can be divided into three segments: upstream, midstream, and downstream, which are essential for understanding investment opportunities [1]. - Knowledge of the industry chain is crucial for making informed investment decisions [1]. Group 2: Index Selection Process - Investors can search for relevant index products using keywords related to the semiconductor industry in trading software, which will yield options like chip ETFs and semiconductor ETFs [2]. - There are three main index providers in China: China Securities Index Company, Shenzhen Securities Information Company, and Huazheng Index Company, commonly referred to as "CSI," "SZ," and "HZ" [3]. - To find specific indices, investors can visit the official websites of these index providers and utilize their index browsing tools [4][5]. Group 3: Practical Steps - For example, on the China Securities Index Company website, users can navigate to "Products and Services" and then to "Index System and Services" to access the index browser for searching [5][6]. - By entering keywords like "chip," investors can find related indices, with the example showing five relevant indices available for further exploration [7].