The Hong Kong Stock Connect Internet ETF E Fund (513040) rose by 3.01%, with a trading volume of 462 million yuan and a low fee rate

According to Tongbi Finance, as of June 1 at 13:31, the Hong Kong Stock Connect Internet ETF E Fund (513040) rose by 3.01%, with the latest price reported at 1.03 yuan.

Among the index-weighted stocks, Meituan-W rose by 6.13%, Bilibili-W rose by 4.11%, ALI HEALTH rose by 3.03%, SenseTime-W fell by 1.95%, KUAISHOU-W fell by 0.94%, and Tencent Holdings fell by 0.67%.

Data shows that the latest scale of the Hong Kong Stock Connect Internet ETF E Fund (513040) has reached 6.705 billion yuan, ranking third among ETFs tracking the same benchmark index, with the fund size increasing by 6.012 billion yuan compared to a year ago.

As of the previous trading day, the fund had a total net inflow of 2.983 billion yuan in the past six months and a total net inflow of 9.96 billion yuan in the past year.

In terms of liquidity, as of June 1 at 13:31, the trading volume of the Hong Kong Stock Connect Internet ETF E Fund (513040) was 462 million yuan, with a turnover rate of 6.73%. As of the previous trading day, the fund's average daily trading volume over the past month was 545 million yuan.

The management fee rate of the Hong Kong Stock Connect Internet ETF E Fund (513040) is 0.15%, the custody fee rate is 0.05%, and the comprehensive fee rate is 0.2%, which can effectively reduce cost expenditures for investors.

The fund supports T+0 trading, allowing investors to keep up with rapid market fluctuations, flexibly allocate funds, and achieve efficient use of capital.

The CSI Hong Kong Stock Connect Internet Index selects 30 listed companies involved in internet-related businesses within the Hong Kong Stock Connect scope as index samples, covering various sub-sectors of the high-tech internet field, including e-commerce, entertainment, online healthcare, short videos, SaaS, etc., enabling a comprehensive grasp of development opportunities in the internet industry.

From a valuation perspective, the latest price-to-earnings ratio of the Hong Kong Stock Connect Internet ETF E Fund (513040) tracking the Hong Kong Stock Connect Internet Index is only 18.88 times, which is at the 2.57% percentile since the index's inception, indicating that the valuation is lower than 97.43% of the range since the index was established.

E Fund is a leading comprehensive asset management institution in China, with over 20 years of professional experience in index investment. The index product line is comprehensively laid out across mainstream broad-based indices, covering multiple industry indices, cross-border, and cross-market indices, reaching over 10 global exchanges. The professional index research and investment team has rich experience in product design and investment management.

The Hong Kong Stock Connect Internet ETF E Fund (513040) has off-exchange connections (019313.OF, 019314.OF)