Core Viewpoint - The non-ferrous metals sector is positioned as a strategic resource supporting the green economy and high-end manufacturing, with long-term supply-demand dynamics remaining favorable despite recent market fluctuations [1] Active Management - ICBC Credit Suisse Asset Management has strategically allocated its active management products towards the non-ferrous metals sector, with the ICBC Core Opportunity Mixed Fund heavily investing in this area since Q1 2025, holding 7 out of its top 10 stocks in non-ferrous metals [1][2] - By mid-2025, the non-ferrous metals sector accounted for over half (54.40%) of the fund's stock investment value, demonstrating a sustained focus on this industry [1] - The fund manager reported significant net value growth rates of 48.91% over the past six months and 67.04% over the past year, outperforming benchmarks [2] Passive Tools - ICBC Credit Suisse offers efficient and transparent passive investment options in the non-ferrous metals sector, including a gold ETF that closely tracks domestic gold spot prices and a gold stock ETF that covers the entire gold industry chain [4][5] - The rare metals ETF focuses on rare metals processing and manufacturing, providing a distinct investment tool that emphasizes strategic metals while minimizing exposure to precious and industrial metals [4] Fee Structure - The management and custody fees for the gold ETF are among the lowest in the market at 0.2%, with similar low fees for the gold stock ETF and rare metals ETF, reflecting a commitment to cost efficiency for investors [5][6] Research and Development Strength - ICBC Credit Suisse's diversified approach in the non-ferrous metals sector showcases its robust research capabilities, with a comprehensive research system covering traditional industries and high-growth sectors like technology and healthcare [6][7] - The firm employs a platform-based, team-oriented, integrated, and multi-strategy research system to optimize product offerings and provide investors with a range of professional investment choices [7]

Core Viewpoint - The Shanghai Stock Exchange has issued a revised guideline for fund business, prompting ICBC Credit Suisse Asset Management to rename its 11 ETFs listed on the exchange to enhance product recognition and transparency, effective January 23, 2026 [1][5]. Group 1: ETF Renaming and Compliance - ICBC Credit Suisse has completed the renaming of its ETFs in accordance with the Shanghai Stock Exchange's naming standards, which now include the investment target and the fund manager's name, improving product identification for investors [1][5]. - The new names of the ETFs include "科创50ETF工银" for the previous "科创ETF" and "黄金ETF工银" for "黄金ETF基金," among others, covering key sectors and themes in the A-share market [2][6]. Group 2: Market Impact and Future Outlook - This initiative supports industry standardization and enhances investor rights, reducing information search costs and improving investment experiences, thereby injecting new momentum into the ETF market [5][7]. - The long-term outlook suggests that as policies and market mechanisms improve, ETF product transparency will continue to rise, potentially playing a more significant role in household asset allocation [7].