Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF's excess earnings continue to be stable
Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF (fund code 561000) was established on December 21, 2022, and traded on January 11, 2023.
The Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF's excess and continued to have stable returns. From 2023/1/11 to 2024/8/30 on the listing date, the fund's excess return on the Shanghai and Shenzhen 300 Index was 10.12%, and the maximum retracement of excess earnings was only 1.69%.
The fund achieved a positive return of 3.45% in the first 8 months of 2024.
Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF Earnings Rank 5%
Among comparable products, the Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF ranked in the top 5% in terms of yield from 2023/1/11 to 2024/8/30 from the listing date, leading the average revenue of similar products by 6.09 percentage points.
The Huaan Shanghai and Shenzhen 300 enhanced strategy ETF has excellent risk control capabilities. The Huaan Shanghai and Shenzhen 300 enhanced strategy ETF has an annualized tracking error of 2.50%, which is in the top 20% with the lowest tracking error among similar products. The excess return (excess profit/tracking error) after risk adjustment reached 4.04.
Huaan Shanghai and Shenzhen 300 enhances the active management capabilities of strategic ETFs. Brinson's attribution results show that the vast majority of the fund's excess income comes from stock selection contributions, with outstanding share selection earnings contributions.
Judging from the Fama-French three-factor breakdown of excess income, active returns contributed the most, reflecting fund managers' excellent active management ability.
Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF Product Information
The Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF combines the active investment advantages of index-enhanced funds with the convenient trading properties of ETFs, thereby improving trading efficiency and reducing transaction costs.
The Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF management rate is 0.5%, and the escrow rate is 0.1%. As of 2024/9/6, the asset size was $0.127 billion.
The fund managers of Huaan Shanghai and Shenzhen 300 Enhanced Strategy ETF are Mr. Xu Zhiyan and Mr. Zhang Xu.
Risk Alerts
The research and analysis of fund products and indices in this report is based on historical public information, which may cause certain deviations due to changes in index sample stocks; the future performance of the index is affected by multiple factors such as the macro environment and market fluctuations, and there is a certain risk of fluctuation.
