Defense ETF soars 6%, ranking first in the entire market for ETF gains
Today, the defense and military industry sector opened low and surged, leading to a wave of limit-up stocks. AVIC Chengfei hit the 20% limit-up, Hongda Electronics and ChenXi Aviation rose over 10%, driving the defense ETF to soar by 6.31%, ranking first in the market for ETF gains. Since April 8, the cumulative increase has exceeded 18%. As the only ETF tracking the CSI Defense Index, the latest scale of the defense ETF is 3.958 billion yuan, and the management fee + custody fee for the defense ETF is "0.3% + 0.1%", making it the product with the lowest fee rate among its peers
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