Report summary:
With many advantages, the Shanghai and Shenzhen 300 and its enhanced products have become one of the equity product categories with the most allocation value at present: the current unique market state has greatly promoted the importance of risk appetite, and the ultimate pursuit of comparative advantage, risk control level, and return certainty within equity assets derived from this and affected by changes in risk appetite has become a factor that needs to be comprehensively considered when selecting equity products at present.
In response to the current market's stricter demands on various aspects such as high quality equity assets, profit determination, continuous dividends, and reasonable valuation, the Shanghai and Shenzhen 300 Index shows its adaptability in all dimensions, and due to its rich composition and reasonable distribution of styles, industries, and market capitalization, it continues to maintain an advantage along with dynamic changes in the market. In summary, the Shanghai and Shenzhen 300 Index has the characteristics of “good, big, high, and positive”: good component asset quality, large target market size, high competitive barriers for enterprises, and positive index industry distribution, making the Shanghai and Shenzhen 300 Index one of the best allocation options in the current unique equity market situation.
The public offering of the Shanghai and Shenzhen 300 Index enhances product excess over a long period of time: the public offering of the Shanghai and Shenzhen 300 Index enhances products through strict risk control management and better excess acquisition capabilities. Over the past 10 years, the vast majority of index enhanced products achieved positive excess amounts every year, and the positive excess level was far higher than negative excess losses, achieving the function of icing on the cake when earnings of the Shanghai and Shenzhen 300 Index rose and effectively buffered when declining.
Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF (code: 561000) is extremely stable and superior in its class:
The Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF has performed excellently. Since its establishment, the cumulative excess amount has reached 10.02%, and the maximum excess drawdown is only 2.09%; the cumulative return during the year was 4.20%, and the excess profit during the year was 6.50%.
The Huaan Shanghai and Shenzhen 300 enhanced strategy ETF has led the relative performance, creating a cumulative excess of 10.02% due to extremely low tracking differences. It is not only the optimal excess return at the same level of tracking error, but also the target of the lowest tracking error at the same level of excess tracking error.
The segmentation advantage of Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF continues. Regardless of the 3-month period, performance within the year, and trends since establishment, the characteristics of the high benefit/risk ratio have remained consistent, and product performance rankings in different statistical ranges are at the top of the market, showing greater adaptability to market changes and strategic soundness.
The attribution results of Barra and Brinson of the Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF are consistent, proving from multiple angles that the excess product comes from stock selection capabilities, and strict style and industry exposure management to avoid or reduce risk losses.
Combined with the characteristics of high liquidity and low fee rates, the ETF really has the advantages of “strict, fast, stable, and economical”: “strict risk control management, fast transaction efficiency, stable excess income, and economical investment expenses”. It is one of the best standard choices when investing in products related to the Shanghai and Shenzhen 300.
Risk warning: risk of market changes and policy changes