According to Securities Daily, when various types of capital are rushing into the ETF (Tradable Open Index Fund) market, private equity funds also “swept away goods” and became important “buyers” of ETFs. According to data from the Private Equity Ranking Network, as of April 17, 52 private equity agencies' products were among the top ten share holders of the 30 newly established ETFs during the year, with 10 billion yuan private equity institutions holding the largest share. Industry insiders interviewed said that ETFs have become an “offense and defense” choice for some private equity institutions due to their characteristics such as relatively low management costs and good liquidity. Among them, dividend ETFs are “favored” by many private equity institutions due to their characteristics such as low volatility and clear investment strategies and goals.