The foundation of the electronics industry, the semiconductor industry has high investment value: as a technology-intensive industry, the semiconductor industry has high technical barriers. The government continues to introduce relevant preferential policies and set up large national funds to support the development of China's semiconductor industry. Continued investment in R&D will bring about a gradual rise in yield, and production capacity will surely expand further. The next 3-5 years may be a strategic opportunity period for domestic semiconductor equipment to replace gold, and the industry has high investment value.
The China Securities Full Index Semiconductor Products and Equipment Index (H30184.DY) selects the semiconductor products and equipment industry stocks from the sample stocks of the China Securities Full Index to reflect the overall performance of stocks in this industry. The index is based on December 31, 2004, and the publication date is July 15, 2013.
Market capitalization distribution: The market value of freely circulating constituent stocks is mainly concentrated in 10-30 billion dollars;
Industry distribution: The electronics industry has clear characteristics, and the segments focus on semiconductor design;
Excellent performance: since 2019, index earnings have been significantly higher than traditional broad-based indices;
Abundant liquidity: Since this year, 1,183 million shares have been traded on a daily basis, with an average daily turnover of 29.682 billion yuan;
High growth, focusing on R&D investment: the year-on-year growth rate of the index ROE and the year-on-year growth rate of net profit of the mother are higher than other broad-based indices, and the share of R&D expenses is higher than that of the China Securities Full Index and the Shanghai and Shenzhen 300;
Comprehensive coverage of leading semiconductor industry segments: The top ten constituent stocks cover leading semiconductor industry segments. Since this year, gains have been excellent; 3 have risen more than 80% since this year.
The National Union Security China Securities Full Index Semiconductor ETF (512480.OF) was issued by the National Union Security Fund, established on May 8, 2019, and listed on June 12, 2019. As of February 21, 2020, the fund size was 4,839 billion yuan. The fund management rate is 0.50%, and the escrow rate is 0.10%. Guolian Ansan China Securities Full Index Semiconductor ETF Link A (007300.OF) and Guolian China Securities Full Index Semiconductor ETF Link C (007301.OF) are linked funds for the Guolian Ansan China Securities Full Index Semiconductor ETF and were established on June 26, 2019. The fund managers are all Huang Xin and have rich experience in investment management.
Close tracking of the index, excellent performance since listing: the yield since listing was 127.04%, the annualized tracking error was 1.00%, the maximum retracement was lower than the index, and risk control capabilities were strong;
Strong liquidity: Since 2020, fund trading activity has increased dramatically, with an average daily turnover of 158 million shares, an average daily turnover of 293 million yuan, and an average daily discount premium rate of 0.15%.
Risk warning: This fund is an equity fund, and the level of risk return is expected to be high; historical performance does not represent the future.
