The first batch of agricultural theme ETF issued

category:Finance
 The first batch of agricultural theme ETF issued


Long term investment value is optimistic

The CSI agricultural theme ETF under Fuguo and Yinhua funds track the CSI agricultural theme index, which is the first batch of floor funds to track the agricultural industry index.

According to the reporters statistics, there are five agricultural theme funds (active equity) and one large agricultural index enhancement fund on the market. The issuance of two agricultural theme ETFs will fill the gap of agricultural investment tool products of stock ETF.

Yinhua Fund analysis, the agricultural sector began to rise at the beginning of last year, bringing a good money making effect. With the gradual development of the industry pattern, it is expected that the leading enterprises will usher in a golden development period of at least 3 years.

A public fund manager in Beijing said that the agricultural sector has a good cyclical growth, and the demand side of the industry is stable. However, the market share of leading companies is only 1% ~ 2%. Compared with the 15% ~ 20% market share of leading agricultural companies in the world, there is still a huge space for development.

From the perspective of agricultural sub sectors, aquaculture, planting, food and other major sub industries have increased significantly in the past three years, and the overall investment opportunity of the plate may be weakened in the next year, but the structural opportunities of some small molecular industries and individual stocks deserve attention. The fund manager stressed.

The data shows that the two China Securities agricultural theme ETFs track the CSI agricultural theme index, which selects 50 listed companies from the A shares whose business involves agricultural machinery, chemical fertilizers and pesticides, livestock and poultry drugs, agricultural products, meat and dairy products, as the sample to be selected, which reflects the overall performance of agricultural listed companies and provides investors with investment targets for agricultural industry.

Wind data shows that as of October 2020, the total market value of China Securities agricultural thematic index was 1866.346 billion yuan, and the total market value of the top ten component stocks was 1.26 trillion yuan, accounting for more than 60% of the weight, including star stocks such as muyuan shares, Yili shares, Jue Wei food, etc.

From the perspective of market performance, as of November 20, the growth rate of China Securities agricultural thematic index reached 30.41%, and the latest valuation was 18.7 times, lower than other major broad base indexes.

Industry and theme ETF intensive declaration

At present, fund companies are very active in seizing the new track of stock ETF. In addition to agricultural ETFs, there are more than ten newly declared industries or theme ETFs, such as photovoltaic industry ETF, artificial intelligence ETF, vaccine and biotechnology ETF, Hengsheng technology ETF, animal husbandry and breeding ETF, big data industry ETF, animation game ETF, etc.

Wind data shows that as of November 20, a total of 40 fund companies have declared 323 new stock ETFs this year, including 279 industry and theme ETFs.

According to a Beijing stock ETF fund manager, firstly, in recent year, the scale of Pan Technology ETFs has risen rapidly, forming a demonstration effect of popular industries and theme ETFs, and fund companies also hope to seize the track; secondly, the initial effect of industry and theme ETFs is more critical, and each company hopes to issue the first product of the industry to make large-scale use of market scarcity; third, focus on 5 For the investment opportunities generated by G construction industry chain, the products reported in this round mostly benefit from 5g technology landing and application scenarios, such as big data, cloud computing, artificial intelligence, etc.

While actively applying for new funds, the industry ETF is also facing increasingly fierce homogenization competition. For example, there are 12 companies applying for new energy related theme ETF, 9 companies applying for innovative pharmaceutical industry ETF, 8 public offering companies applying for photovoltaic industry ETF and smart car ETF, and 6 fund companies applying for new material theme ETF, cloud computing and big data theme ETF.

The fund managers of the above-mentioned large-scale public equity ETF funds in Beijing believe that under the background of competitive barriers and fierce competition among the leading products of domestic wide base ETF track, the investment opportunities of science and technology stocks brought by the opening of the science and Technology Innovation Board last year have brought opportunities for the great development of science and technology ETF. It is a better idea to lay out industrial ETF with big science and technology industry and the main line, and the industry ETF will also develop and grow in the future, And more and more leading products with a scale of 10 billion have been born. At present, there are more than ten broad base ETFs tracking gem, CSI 500, CSI 300 and other indexes, and the competition is becoming increasingly fierce. As a new track in the past two years, there are still many industries with blank areas of product layout, which provides development opportunities for small and medium-sized companies and will provide investors with more abundant investment tools. The ETF fund manager said. Source: Ren Hui, editor in charge of Securities Times_ NBJ9607

The fund managers of the above-mentioned large-scale public equity ETF funds in Beijing believe that under the background of competitive barriers and fierce competition among the leading products of domestic wide base ETF track, the investment opportunities of science and technology stocks brought by the opening of the science and Technology Innovation Board last year have brought opportunities for the great development of science and technology ETF. It is a better idea to lay out industrial ETF with big science and technology industry and the main line, and the industry ETF will also develop and grow in the future, And more and more leading products with a scale of 10 billion have been born.

At present, there are more than ten broad base ETFs tracking gem, CSI 500, CSI 300 and other indexes, and the competition is becoming increasingly fierce. As a new track in the past two years, there are still many industries with blank areas of product layout, which provides development opportunities for small and medium-sized companies and will provide investors with more abundant investment tools. The ETF fund manager said.