E Fund CSI Shanghai Environmental Exchange Carbon Neutral ETF was officially approved on June 28. This product tracks the CSI Shanghai Environmental Exchange Carbon Neutral Index (hereinafter referred to as the "Carbon Neutral Index").
The carbon neutral index is jointly launched by Shanghai Environment and Energy Exchange and China Securities Index Co., Ltd. It selects from the Shanghai and Shenzhen markets the ones with large market value in the deep low-carbon fields such as clean energy and energy storage, as well as the high-carbon carbon-neutral ones such as thermal power and steel. A total of 100 securities of listed companies with large carbon emission reduction potential in the emission field are used as index samples to reflect the overall performance of securities of listed companies that contribute more to carbon neutrality in the Shanghai and Shenzhen markets.According to Shenwan’s secondary industry standards, the carbon neutrality index fully covers the industries that benefit from carbon neutrality, of which the deep low-carbon field accounts for about 2/3, covering new energy vehicles, new energy power generation, energy storage and carbon reduction. Carbon sequestration technology, etc.; high-carbon emission reduction fields account for about 1/3, covering steel, chemicals, non-ferrous metals and thermal power; these are the two sectors that contribute the most to carbon neutrality, and will be the two sectors that will benefit the most , of which the battery sector accounts for 21%, photovoltaic equipment accounts for 17%, and electricity accounts for 11%.(Data source: Wind, as of 2022/6/17)
In addition, the index includes leading companies that have contributed greatly to carbon neutrality. The top ten heavyweight stocks together account for 43%, of which the first is CATL, with a weight of more than 10%; the second is LONGi Green Energy , BYD, with a weight of more than 5%; followed by Zijin Mining, Yangtze Power, Oriental Yuhong, Conch Cement, Tongwei, Enjie, and Tianqi Lithium, with a weight of more than 2% and a strong lineup.In addition, the top ten heavyweight stocks have an average increase of nearly 4000% since their listing (data from CSI, wind, as of 2022/6/20), with excellent growth potential.Since the base period (2017-06-30), the cumulative return of the index is as high as 111%, and the annualized return is about 17%. It is a better tool for investing in carbon neutrality.(Data source: Wind, as of 2022/6/17)
E Fund is a leading comprehensive asset management institution in China with 18 years of professional experience in index investment. Only stock ETF products; E Fund also has a professional and stable index investment research team, an industry-leading self-developed index investment management platform, which provides support and services for index product investment management, achieves refined management, and strives to make deviation and tracking The error reaches the lowest level in the industry.
(Editor in charge: Li Rong)
