The effectiveness of bank-affiliated public funds testing ETFs is beginning to show
Recently, the ETF sector has welcomed a new batch of entrants represented by bank-affiliated fund companies. The impressive debut scale of both AXA SPDB CSI A500 ETF and CIB SSE 180 ETF exceeded 1 billion yuan, demonstrating the determination of bank-affiliated public funds to develop ETF and index businesses. The first general aviation-themed ETF in the market—Yongying General Aviation ETF—also provides ideas for future product innovation of bank-affiliated public funds. (China Securities Journal)
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