According to the announcement released by E Fund today (July 11), the issuance time of E Fund CSI 1000 ETF (code: 159633, on-site abbreviation: CSI 1000 Index ETF) is scheduled for July 22- 29th.The fund closely tracks the CSI 1000 Index, and its constituent stocks are mainly small-cap stocks. Investors who pursue higher income flexibility and growth space can pay attention.
Liu Shurong, the proposed fund manager of E Fund CSI 1000 Index ETF, said: "Small and medium-sized enterprises are very important in national economic and social development. The constituent stocks of the CSI 1000 Index are mainly distributed in the market value of 5 billion to 20 billion yuan, which is the largest market in the A-share market. The most representative small-cap index. Since 2021, the CSI 1000 Index has received more attention from the market, the turnover and turnover rate of constituent stocks have shown an upward trend, and the proportion of institutions that allocate CSI 1000 constituent stocks has also increased. Gradually increase. Recently, the CFFEX issued the "Notice on Solicitation of Public Opinions on CSI 1000 Stock Index Futures and Stock Index Option Contracts and Related Rules". After the launch of CSI 1000 Index futures and options, the investment strategies available to investors will be improved. It will also enhance the investment value of the CSI 1000 ETF.”
The CSI 1000 Index selects 1,000 securities with relatively small scale and good liquidity other than the CSI 800 Index as the index sample, which complements the CSI 300 and CSI 500 indices, and comprehensively reflects a number of small market capitalizations in the A-share market. The company's stock price performance.
The constituent stocks of the CSI 1000 Index have the characteristics of "small but beautiful".The average market value of constituent stocks is about 10 billion yuan, of which 879 companies have a market value of less than 20 billion yuan.However, although the company is small in size, it is full of momentum and has a leading growth rate.The data shows that in 2021, the operating income of the constituent stocks of the CSI 1000 Index will grow by 18%, and the growth rate of net profit will be as high as 34%, which is higher than that of the CSI 300 Index (data source: Wind, regular reports of listed companies).
As a broad-based index with as many as 1,000 constituent stocks, the industry distribution of the CSI 1000 Index is very balanced. The index constituent stocks cover new economic fields such as power equipment, medicine and biology, and electronics.The top ten heavyweight stocks in the index together account for about 5%, and the top 20 heavyweight stocks account for about 8%, and their positions are relatively scattered.From the perspective of Shenwan’s first-tier industries, a single industry accounts for the highest proportion of about 10%.At present, power equipment, medical biology and electronics are among the top three, with a combined weight of 32%.Compared with other broad-based indices, the constituent stocks of the CSI 1000 Index are more specialized, special and new "little giants", reaching 184 (data source: Wind, as of 2022/6/30).
E Fund Fund is a leading comprehensive asset management company in China and one of the fund companies with the largest number of products in the industry, with a comprehensive and balanced product distribution.In terms of index investment, as of the end of June 2022, E Fund has a total of 50 non-currency ETFs, through refined management, on the basis of strict control of tracking error, to help funds obtain long-term and stable excess returns.
(Editor in charge: Kang Bo
