Huatai Bairui CSI 300 ETF Introduction
The Huatai Bairui CSI 300 ETF is a fund that tracks the performance of the CSI 300 Index, which consists of the 300 largest and most liquid stocks listed on the Shanghai and Shenzhen stock exchanges. It was established on May 4, 2012, and is managed by Huatai Bairui Fund Management. The fund has achieved a strong track record with a low annualized tracking error of 0.42%.
1. Top Performing Enhanced Funds
One of the notable funds managed by Huatai Bairui is the Huatai Bairui Quantitative Enhanced Mixed Fund A, which has achieved the best performance in terms of enhancing returns since its inception. With a current size of over 4.4 billion yuan, it is the largest fund in the category. Other top-performing enhanced funds include the Jingshun CSI 300 Fund, the Fuguo CSI 300 Fund, and the Huaan CSI 300 Fund.
2. Introduction to 300 Dividend LV
The 300 Dividend LV is different from the aforementioned funds. It selects 50 stocks from the CSI 300 Index based on their liquidity, continuous dividends, high dividend yield, and low volatility. The sector weights of the index are dominated by finance and real estate, with a combined weight of 52.72%, followed by the industry sector with a weight of 16.54%.
3. Strong Performance and Future Potential
On January 13, 2020, the Huatai Bairui CSI 300 ETF reached a new high in over a year, attracting the attention of investors like Wang. Wang believes that the Huatai Bairui CSI 300 ETF still has the potential for further growth and decided to purchase 100,000 units at a price of 4.2 yuan per unit, aiming to benefit from a potential increase in the ETF's value.
4. Largest ETF in Terms of Size
The Huatai Bairui CSI 300 ETF is currently the largest ETF in terms of size, with assets under management reaching 41.05 billion yuan. This indicates its strong liquidity in the market. The next largest ETFs in the category are the Huaxia CSI 300 ETF and the Jiashi CSI 300 ETF, which also have assets under management in the tens of billions yuan range.
5. Fund Details and Manager
The Huatai Bairui CSI 300 ETF, with the fund code 510300, is highly rated among its peers, with a comprehensive score of 93, ranking in the top 2% of similar funds. The fund is managed by Liu Jun, and it is recommended as a buy. As of January 2, 2024, the latest diagnostic time, the fund's performance is excellent.
In conclusion, the Huatai Bairui CSI 300 ETF is a well-managed fund that has consistently delivered strong performance. It is the largest ETF in terms of size and has achieved a low tracking error. With its focus on the CSI 300 Index, the fund provides investors with exposure to the top 300 stocks in the Chinese market.