Source: Hope Coopers Author: Kissinger If the time goes back to February 5, what would investors want to do most? Maybe buy CSI 300 ETF and CSI Dividend Index Fund.
We are not an afterthought. On January 23, we repeatedly emphasized that a certain team focused on a broad base and dividend index.
If you are a Christian, what kind of equity fund should you choose with a higher winning rate? The answer is to drink soup with a certain team of ETFs that are heavily deployed.
If you are a stock investor, you can also refer to the heavy holdings in the above-mentioned ETFs.
At the beginning of the year, the fund disclosed the four-season reporting time, and the biggest change in the mysterious institution\’s increase in positions was to focus on the large and let go of the small, and increase the position as a bonus.
At that time, we mainly compared and analyzed broad-based index funds such as 50ETF, CSI 300ETF, CSI 500ETF, and CSI 1000ETF. We also compared the dividend index funds that the market paid attention to and the US stock QDII and Nikkei QDII to see the latest trends among investors.
Data from the Jian Jinxin Fund Evaluation Center shows that the share of representative broad-based funds such as the Shanghai Stock Exchange 50ETF and the Shanghai-Shenzhen 300ETF showed a growth trend in the fourth quarter of 2023, especially the increase in the share of the Shanghai-Shenzhen 300ETF. (This is also the increase in the share of a certain team in the first quarter. The product with the largest number of positions); the share changes of several representative CSI 500 ETFs increased and decreased in the fourth quarter and the third quarter, and the trend is not obvious; the three larger CSI 1000 ETFs all experienced a shrinkage in share; good and stable profit making This effect has made investors more and more aware of dividend index funds, and many dividend index funds have reported rapid performance and scale in the fourth quarter.
The market trend this year has also confirmed our analysis in early January.
Statistics from the Jian Jinxin Fund Evaluation Center show that the share of representative broad-based shares such as the SSE 50 ETF and the CSI 300 ETF showed a growth trend in the fourth quarter of 2023: The share of ChinaAMC SSE 50 ETF increased from 72.3 billion in the third quarter to 85.9 billion. An increase of 13.6 billion copies, an increase of 18.8%; E Fund SSE 50 Enhanced A increased by 31 million copies.
The increase in the share of CSI 300 ETF is even more obvious: the share of Harvest CSI 300 ETF increased from 8.152 billion shares in the third quarter to 11.595 billion shares, an increase of 3.443 billion shares, an increase of 42%; the share of ChinaAMC CSI 300 ETF increased from 8.944 billion shares in the third quarter. to 10.743 billion shares, an increase of 1.799 billion shares; the Huatai-Berry CSI 300 ETF share increased from 31.916 billion shares to 37.444 billion shares, an increase of 5.528 billion shares, an increase of 17%.
The share changes of several representative CSI 500 ETFs in the fourth quarter and the third quarter have increased and decreased, and the trend is not obvious.
ChinaAMC CSI 500 Index Enhanced A added 475 million shares; Harvest CSI 500 ETF was basically stable, and Southern CSI 500 ETF shrank by 1.5 billion shares.
Three large-scale CSI 1000ETF, China Securities 1000ETF, Southern CSI 1000ETF, and Wells Fargo CSI 1000ETF, all experienced share shrinkage.
Looking at the dividend index funds that beat 99% of active equity funds, their performance and scale are soaring.
According to data from the Jian Jinxin Fund Evaluation Center, the quarterly reports of many dividend index funds show that the Invesco Great Wall CSI Dividend Low Volatility 100 ETF had only 128 million units at the end of 22, and had soared to 3.983 billion units at the end of 2023. In 2023 alone An additional 2.874 billion units were added in the fourth quarter; in addition, the Huatai-Berry SSE Dividend ETF, which has had positive returns for three consecutive years, has tripled its share in 2022, with an increase of 428 million in the fourth quarter of 23 alone; Harvest CSI 300 Dividend Low Volatility ETF and Southern S&P China A-Share Large Cap Dividend Low Volatility 50 ETF increased their shares by 397 million and 186 million respectively in the fourth quarter.
Let’s compare a team that ranked among the above 5 ETFs in the first quarter.
The 2023 annual report shows that Central Huijin is the largest holder of E Fund CSI 300 ETF, holding 6.146 billion shares and spending at least 70.844 billion yuan.
Central Huijin also subscribed in the first quarter: 26.356 billion shares of Huatai-Berry CSI 300 ETF, worth at least 83.812 billion yuan; 15.604 billion shares of Harvest CSI 300 ETF, worth at least 51.493 billion yuan; 16.993 billion shares of ChinaAMC CSI 300 ETF, worth at least 55.227 billion yuan yuan; 15.867 billion shares of ChinaAMC SSE 50 ETF, with an amount of at least 35.859 billion yuan.
These five major ETFs only come from Central Huijin’s funds, totaling at least 297.236 billion yuan.
Based on the fund’s net value at the end of the first quarter, the cumulative holding amount reached 412.33 billion yuan.
As of the end of the first quarter, the total scale of domestic ETFs was 2.4 trillion yuan.
Compared with the scale of 2 trillion index funds at the end of last year, this means that Central Huijin contributed more than 400 billion in incremental index funds.
From January 2 to April 24, the CSI 300 rose by 3.99%; the Shanghai Composite 50 rose by 6.44%.
The CSI Dividend Index rose 9.64%.
How can you get some soup if you follow a certain team?
