Gem ETF options are officially listed:
1. On September 19, 2022, gem ETF options were officially listed. Gem ETF option is the first derivative for investors to hedge the risk of gem, which is of great significance to enhance the resilience of gem, support small and medium-sized entrepreneurial enterprises and improve the derivatives system.
2. The introduction of ETF options will help to increase the scale and liquidity of ETF. Gem ETF options listed in the first week of active trading, option positions rose rapidly, Yi Fangda gem ETF liquidity increased significantly. The implied volatility of gem ETF options is significantly higher than that of several other existing varieties, and the overall operation is stable in the first week.
3. The volatility of the gem index is large, and the straddle strategy is expected to enhance the income of the portfolio. Using gem ETF option tool, investors can construct a variety of strategies for matching targets and options to adjust investment position, hedge risk exposure, risk management and so on.
Investment value Analysis of gem Index:
1. The current valuation of the index is cost-effective. The current price-to-earnings ratio of the gem index is only 43.5 times earnings, with a historical quantile of 0.76%, with a high investment performance-to-price ratio.
2. The index sector is expected to be highly profitable. From the perspective of consistent expectations, the gem refers to the steady growth of profitability in the future. Compared with other broad-based indices, gem refers to EPS expected to grow faster.
3. The concentration of index stocks is high and the growth attribute is strong. The index positions rose moderately, further focusing on emerging industries and high-tech enterprises. From the perspective of the concept involved in the index, the gem refers to a higher exposure in the concepts of heavy fund positions, main trading forces, industry leaders and so on.
4. The index style is characterized by high Beta, large market capitalization, high growth and high liquidity. Gem refers to the current style as a whole for high Beta, large market capitalization, high growth, high liquidity, and the exposure value of each style is relatively stable.
Yi Fangda gem ETF investment value analysis:
1. The ETF fund code of Yifangda gem is 159915, referred to as gem ETF for short, and the underlying index is gem index (399006). The fund was established on September 20, 2011 and listed on December 9, 2011. the fund closely tracks the underlying index and seeks to minimize tracking deviation and tracking error.
2. The manager has rich experience in ETF product management. The total ETF scale of Yi Fangda Fund has reached about 146.5 billion yuan, and the products cover many categories such as wide base, industry, theme and so on. The company's ETF product line is complete and has rich management experience.
Risk hint: this report makes an objective analysis of specific fund products and industry views from the perspective of historical statistics. When the fund investment strategy, market environment and policy tendency change, it can not guarantee the future continuity of statistical conclusions. This report does not constitute a recommendation for fund products.