A** field ushered in a long-awaited surge! **Huijin Company issued an announcement to expand the scope of index ETF holdings, and will continue to increase its holdings and expand the scale of holdings, and resolutely maintain the smooth operation of the capital market. As an ordinary investor, among the many ETF varieties, how to choose investment targets and "invest beautifully" in the current market?
You may wish to pay attention to the CSI A50 Index, the A-share version of the "Beautiful 50", which will be sought after by the market at the beginning of 2024. Different from traditional broad-based indexes, the CSI A50 Index more accurately reflects the current trend of economic development and industrial transformation, and is expected to become a new choice for investors to allocate A-shares. From February 19, Ping An ** launched Ping An CSI A50 ETF (**159593;Abbreviation: A50 Index ETF). The product closely tracks the CSI A50 Index, mainly focusing on industry leaders, and aims to provide investors with a one-stop convenient way to allocate high-quality leading enterprises in various industries. Why is the CSI A50 Index so popular? As a "new business card" to showcase China's economic development and industrial transformation, the CSI A50 Index has been released for less than half a month since the beginning of 2024, and a number of ** companies have quickly reported relevant ETF products and have been approved for listing one after another. The reason why the CSI A50 Index is favored by the market as the A-share version of the "Beautiful 50" is that it uniquely integrates the essence of traditional market capitalization sampling with the concept of industry equilibrium, and introduces ESG investment principles for the first time. The index selects 50 industry leaders who not only have strong bargaining power and long-term competitiveness, but also rank among the best in their respective industries by market capitalization. Compared with other indexes, the CSI A50 Index is more balanced in terms of industry allocation, closely following the trend of China's economic transformation and upgrading. The index optimizes the allocation ratio of the financial and food and beverage industries, and increases the proportion of emerging industries such as pharmaceuticals and biotechnology and power equipment, effectively avoiding the excessive impact of a single weighted stock. In the CSI A50 Index, the leading companies with the largest market capitalization in the CSI ** industry account for as much as 90%, which is far more than the 41% of the CSI 300, highlighting the superiority of the CSI A50 Index in industry allocation and the agglomeration effect of leading enterprises. (Data**: Wind, Safety**; Data as of: 2023 12 31) In terms of performance, the historical performance of the CSI A50 Index also verifies the effectiveness of its investment strategy. From December 31, 2014 (base date) to the end of 2023, the annualized return of the A50 Index is 566%, the long-term return is ahead of other major ** broad-based indexes, fully reflecting its robustness and growth as a benchmark for core assets. According to statistics, among the 50 constituent stocks of the A50 index, 44 companies have higher ROE than the corresponding CSI secondary industry index, which fully reflects its stronger profitability. (Data**: Wind, Safety**; Data statistics period: 2014 12 31-2023 12 31;Past performance is not indicative of future performance and is not indicative of performance. At the index level, the return on equity (ROE) of the CSI A50 Index is also outstanding. From 2020 to 2022, the index's ROE continued to exceed 15%, outperforming major ** broad-based indices such as the SSE 50 and CSI 300. It is a further testament to the excellent performance of the CSI A50 Index in terms of profitability. (Data**: Wind, Safety**; Data as of: 2023 09 30).Why do you want to deploy core assets now? In our view, the biggest change in overseas markets in 2024 will be the approaching inflection point of liquidity. Expectations for Fed rate hikes have cooled sharply due to weaker-than-expected inflation and employment data, and the Fed is widely expected to start cutting rates in March 2024, marking a major turning point for global liquidity. This change is particularly beneficial to ** assets, especially emerging markets, which are more sensitive to liquidity inflection points and are expected to attract additional allocations and repatriation of global funds. More importantly, the recent policy has given the market full confidence. The China Securities Regulatory Commission said that at present, the valuation level of the A** field is at a historical low, and the value of medium and long-term investment is highlighted, and it will firmly support the continuous increase in the scale and intensity of the increase in holdings of ** Huijin Company, which will create more convenient conditions and smoother channels for its market entry operations; In the future, we will continue to coordinate and guide various institutional investors such as public offerings, private placements, companies, social security, insurance institutions, and annuities to enter the market more vigorously, encourage and support listed companies to increase their buyback and increase their holdings, introduce more incremental funds for the A** market, and make every effort to maintain the stable operation of the market. At present, domestic policy has begun to turn marginally, and the economic cycle has bottomed out and stabilized. For A** markets, fundamentals are at the heart of determining market performance. As the economy stabilizes and repairs, the market is expected to usher in an exponential recovery**. The bottom of this round of A-share earnings has begun to appear in the second quarter of 2023, and the earnings growth rate in the third quarter of 2023 has picked up, indicating that corporate earnings are expected to continue the upward trend in 2024. Looking ahead, 2024 is expected to usher in a new round of earnings and valuation improvement opportunities. Historical data shows that during the upward phase of the economic earnings cycle, core assets tend to outperform the market due to their earnings advantage. After 3-4 years of small-cap indices, the indices are already at a relatively low level. This means that core assets once again provide investors with a good time to bargain**. Therefore, investors are expected to get a good investment experience from the current layout of core assets. Focus on core assetsPing An CSI A50 ETF may be a good choice for layoutAs one of the first batch of ETF products that closely follow the CSI A50 Index and tap domestic core assets, Ping An CSI A50 ETF (**159593;Abbreviation: A50 Index ETF) investment focuses on outstanding companies with stable earnings and continuous growth, and the proposed manager of the product is Qian Jing, head of investment in Ping An ETF index, with nearly 10 years of investment management experience. In addition, the management fee of Ping An CSI A50 ETF is currently the lowest level among the best ETF products in the market, and the management fee is only 015%, and the custody fee is only 005%。This provides a convenient investment tool for investors who are optimistic about the investment value of the country's core assets. The steady progress of Ping An CSI A50 ETF is inseparable from the escort of an excellent team and the effective investment of scientific strategies. With years of deep accumulation in the ETF field, Ping An** has continuously optimized product design, improved investment returns and risk control, and is committed to creating more diversified investment options for investors. Since 2018, the company has successfully used the self-developed "Poseidon System" to carry out all-round and efficient management of ETF portfolios. The system integrates investment, risk control, performance and research, which greatly improves the efficiency of investment management and effectively reduces potential risks. At the same time, Ping An** continues to innovate in the research and development of ETF products, covering six categories, including broad-based indexes, bond indexes, thematic indexes, strategy indexes, overseas indices and currencies**, and has repeatedly set domestic precedents in product research and development and index compilation. The company's professionalism and innovative spirit have been widely recognized in the industry, and it continues to create value for investors. In Qian Jing's view, after nearly three years of valuation fall, the current valuation of the ** index has been at a relatively low historical level, and the current market style is switching to the ** index, and the potential of the leading white horse stocks will be gradually released. Ping An CSI A50 ETF (**159593;Abbreviation: A50 Index ETF) will be issued from February 19 to March 1, interested investors can continue to pay attention. Risk Warning: The risk level of this product is R3 (medium risk). *There are risks and investment should be cautious. This ** tracks the CSI A50 Index (930050), which is compiled and calculated by CSI Index Co., Ltd., and is owned by CSI Index Co., Ltd., which does not guarantee the accuracy of the index calculation and is not responsible for any person. Past performance is not indicative of future performance, and performance of other performance managed by the Manager does not constitute a guarantee of the performance of this performance. The manager undertakes to manage and use the assets in good faith, diligence and responsibility, but does not guarantee that the principal will be profitable, nor does it guarantee the minimum return, nor does it guarantee the principal. The manager reminds investors of the principle of "buyer's responsibility" in investment, and after making investment decisions, the investment risks caused by changes in operating conditions and net value shall be borne by investors. Investors who buy ** may not only share the income generated by ** investment according to their shares, but also bear the losses caused by ** investment. Investors should carefully read the "Contract", "Prospectus" and other legal documents, fully understand the risk-return characteristics and product characteristics of the company, and judge whether it is suitable for the investor's risk tolerance according to their own investment objectives, investment period, investment experience, asset status, etc., rationally judge the market, and make investment decisions prudently. This product is issued and managed by Ping An ** management, and the agency does not assume the responsibility for the investment, redemption and risk management of the product. 
Risk Warning: The risk level of this product is R3 (medium risk). *There are risks and investment should be cautious. This ** tracks the CSI A50 Index (930050), which is compiled and calculated by CSI Index Co., Ltd., and is owned by CSI Index Co., Ltd., which does not guarantee the accuracy of the index calculation and is not responsible for any person. Past performance is not indicative of future performance, and performance of other performance managed by the Manager does not constitute a guarantee of the performance of this performance. The manager undertakes to manage and use the assets in good faith, diligence and responsibility, but does not guarantee that the principal will be profitable, nor does it guarantee the minimum return, nor does it guarantee the principal. The manager reminds investors of the principle of "buyer's responsibility" in investment, and after making investment decisions, the investment risks caused by changes in operating conditions and net value shall be borne by investors. Investors who buy ** may not only share the income generated by ** investment according to their shares, but also bear the losses caused by ** investment. Investors should carefully read the "Contract", "Prospectus" and other legal documents, fully understand the risk-return characteristics and product characteristics of the company, and judge whether it is suitable for the investor's risk tolerance according to their own investment objectives, investment period, investment experience, asset status, etc., rationally judge the market, and make investment decisions prudently. This product is issued and managed by Ping An ** management, and the agency does not assume the responsibility for the investment, redemption and risk management of the product. 