According to the announcement of the Securities Regulatory CommissionJ.P. Morgan CSI A50 ETF **Investment** was officially approved today (February 2, 2024)! Its manager, JPMorgan**, is the only foreign-funded public offering company that has obtained the qualification to issue CSI A50 ETF.
The J.P. Morgan CSI A50 ETF closely tracks the CSI A50 Index, which was officially launched on January 2, 2024. In terms of compilation methodology, the CSI A50 Index selects the 50 largest market capitalization** from the leading listed companies in various industries as the index sample to reflect the overall performance of the most representative leading listed companies** in each industry. (Data**: CSI official website, as of January 2, 2024).
Among the constituent stocks, as of the release date of the index, the top 10 weighted stocks of the index include Kweichow Moutai (600519), Ping An of China (601318), CATL (300750), China Merchants Bank (600036), Midea Group (000333), etc. Companies with a market value of more than 100 billion yuan account for about 4 percent, which is a typical style broad-based index. (Note: **For illustrative purposes only and subject to change based on index adjustments, no specific recommendation is implied.) Data**: Wind, as of January 2, 2024).
IFC pointed out that compared with other broad-based indexes, the CSI A50 Index covers more market sectors, has a more comprehensive industry allocation, has a lower industry concentration, and has a higher weight in emerging growth industries such as power equipment and new energy, medicine, and electronics.
CICC believes that in the market outlook, there is still room for investor confidence to continue to repair amid the gradual accumulation of extreme valuations, low trading sentiment and positive factors. With large policy space, solid foundation, sufficient development potential, and competitive advantages in many areas around the world, China's A-share structural opportunities in 2024 are expected to be better than those in 2023.
In April 2023, CIFM ** Management *** officially changed its name to J.P. Morgan ** Management (China)** Morgan ** Management (China)** to use [J.P. Morgan Asset Management] and [J. J. in Chinese mainlandp.morganassetmanagement] as an external brand name, with jpmorganchase & coThe brand name of the asset management business of the Group and its global affiliates remains the same. J.P. Morgan Management (China) implements a business segregation system with shareholders, and shareholders do not directly participate in the investment and operation of assets.
The CSI A50 Index (the "Index") is compiled and calculated by CSI Index***CSI) and is owned by CSI. CSI will take all necessary measures to ensure the accuracy of the Index, but does not guarantee this and shall not be liable to any person for any errors in the Index.
Risk Warning: Investment is risky, please refer to the relevant legal documents such as "Contract", "Prospectus", "Product Key Facts Statement" and so on before investing. This material is for promotional purposes only and is not intended as any legal document. The manager undertakes to manage and use the assets in good faith, diligence and responsibility, but does not guarantee a certain profit, nor does it guarantee a minimum return, and the past performance and net worth of the manager are not indicative of its future performance. The performance of other ** managed by the Manager does not constitute a guarantee of ** performance. The above information does not constitute investment advice, or an offer or solicitation of an offer to subscribe for any**, investment products or services. All information contained herein is based on information believed to be reliable**, but please verify the information on your own. Opinions and ** represent the views of the time only and are subject to change in the future. This product is issued and managed by J.P. Morgan ** (China)**, and the agency does not assume the responsibility for the investment, redemption and risk management of the product. The upper limit of the scale during the ** offering period is RMB 2 billion (excluding interest and subscription fees during the offering period), of which the upper limit of the cash subscription scale is subject to the ** offering announcement, if it exceeds the company's proportional confirmation of the whole process to achieve scale control, for offline ** subscription, the manager has the right to reject all or part of the subscription declaration (for details, please refer to the ** offering announcement).
This material is a public promotional material and authorized employees employed by Morgan Management (China) may communicate products or services through Personal Moments**. Do not do it without authorization**. This material is only distributed in Chinese mainland and is directed only at relevant eligible investors in Chinese mainland.
pub2024020009
The above content and data have nothing to do with the position of the interface and do not constitute investment advice. Do so at your own risk.