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reverse layout demonstrates confidence, harvest csi a500 etf ends fundraising ahead of schedule today

2024-09-13

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on september 13, harvest fund issued an announcement stating that in order to better safeguard the interests of fund unit holders and to carry out investment management and risk control, it decided to end the fundraising of harvest csi a500 etf fund ahead of schedule on september 13.

as an investment tool for one-click layout of a-share industry leaders, the harvest csi a500 etf (fund code: 159351) has attracted much attention from investors during the fundraising period, demonstrating investors' confidence in the long-term development of china's economy and capital markets, and also reflecting the market's recognition of the current value of a-share high-quality asset allocation.

the announcement shows that the china asset management csi a500 etf began fundraising on september 10, with the original fundraising deadline being september 20, and the upper limit of the fundraising scale being 2 billion yuan.

as the first core broad-based index since the new "nine national policies", the csi a500 index selects 500 stocks that are highly representative of the market capitalization of each industry and represent industry leaders, taking into account large market capitalization while evenly covering the core leading assets of various industries in the a-share market; among comparable core broad-based indices, it has a high content of new quality productivity, which can better reflect the changes in the microstructure of the a-share market in the process of high-quality economic development in china. it is expected to become a unique symbol of the development of china's modern industrial system, and also bring diversified choices and new opportunities for investors' index layout.

from the current market perspective, a number of high-quality leading companies have been significantly undervalued, and these products representing the core competitiveness of the chinese economy will not be absent from the stabilization of the chinese market. harvest fund said that now is a good time to guide long-term layout with confidence. we should strengthen our confidence, strengthen counter-cyclical guidance, and practice the concepts of long-term investment, value investment, and rational investment with practical actions, and use professional strength to help investors better share the opportunities of high-quality development of the chinese economy.

index investment connects mass investors and social funds on one end and the real industry on the other end, and undertakes multiple missions of guiding resource allocation, boosting industrial development, and serving residents' wealth management needs. the new "nine national regulations" clearly propose to vigorously promote the entry of medium- and long-term funds into the market and continuously strengthen long-term investment forces. promoting the development of index investment is an important means to build a "long-term money and long-term investment" policy system.

facing the future opportunities for high-quality economic development led by new quality productivity, harvest csi a500 etf (159351) provides investors with an investment tool for low-level layout and efficient allocation of high-quality core assets of a-shares, which deserves continued attention.

risk warning: funds are risky and investment should be cautious. investors should read the fund contract, recruitment instructions, product information summary and other legal documents to understand the risk-return characteristics of the fund, especially the unique risks, and judge whether it is suitable for their own risk tolerance based on their own investment objectives, investment experience, asset status, etc. the fund manager promises to manage and use the fund assets in accordance with the principles of honesty, trustworthiness, prudence and due diligence, but does not guarantee that the fund will make a profit or that the principal will not be lost. past performance does not indicate its future performance, and the performance of other funds does not constitute a guarantee of the performance of this fund. this product is issued and managed by harvest fund management co., ltd., and the agency does not bear the investment, redemption and risk management responsibilities of the product.