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Zhike | Are there any funds in the market that can make money?

2024-08-13

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Author | Huang Yida

Editor | Zheng Huaizhou

Just last week, several domestic public ETF funds that tracked the Nikkei Index experienced a sharp drop along with Japanese stocks, and became a hot topic. Investors' discussions on ETF funds became extremely lively for a while.

Publicly offered funds have been relatively desolate in the past two years, the issuance of active funds has been cold, and the halo of once-glorious star fund managers has been shattered by the market. ETF funds, as typical passive investments, have become a hot topic because of the single-day plunge that followed Japanese stocks.

Figure: E Fund Nikko Asset Management Nikkei 225 ETF trend; Source: Wind, 36Kr

In fact, the development of domestic stock ETF funds in the past two years has been much better than that of active funds, but it is relatively low-key. While the fund scale continues to grow, the structural market of A-shares also determines that the corresponding sector ETF funds have good returns. This is also one of the few bright spots in the current domestic public fund market.

So, what are the characteristics of the development of the domestic stock ETF fund market? For the majority of investors, which ETF funds in themes/industry sectors are worth paying attention to?