Composite index funds: SSE 50 ETF fund, code 510050; CSI 300 ETF fund, code 510300; CSI 500 ETF fund, code 510500; SSE 180 ETF fund, code 510180;
Sectoral index funds: Securities ETF 512880; Consumer ETF 159928; Banking ETF 512800; Military ETF 512660; Environmental ETF 512580; Nonferrous ETF 512400; Real Estate ETF 512200;
Medical ETF 512170; 5G ETF 515050; Iron & Steel ETF 515210; Wine ETF 512690; Information ETF 512330; Defense ETF 512670.
Extended Information:
Fund Characteristics
Traded open-end index funds are essentially index funds, but unlike traditional index funds, traded open-end index funds can be listed on the stock exchange, allowing investors to buy and sell a fund that represents the "underlying index" in the same way that they buy and sell stocks.
Traded open-end index funds are a special kind of open-end funds, which have absorbed the advantages of closed-end funds that can be traded in real time on the same day, so that investors can buy and sell the shares of traded open-end index funds in the secondary market as they buy and sell closed-end funds and stocks;
Traded open-end index funds also have the advantages of open-end funds that can be freely subscribed, so that investors can buy and sell shares from fund management companies, as they buy and sell open-end funds, so that investors can buy and sell shares of closed-end funds.
It also has the advantage that open-ended funds can be freely purchased and redeemed, so investors can buy and sell open-ended funds as well.
The redemption of a traded index fund must be made by exchanging a basket of shares (or a small amount of cash) for shares or by exchanging shares for a basket of shares (or a small amount of cash).
Because of this special in-kind subscription and redemption mechanism, investors can engage in arbitrage trading when there is a difference between the secondary market trading price of a traded open-end index fund and the net value of the fund units. In addition, the market price of the traded open-end index fund is basically the same as the net value of its units, and there will not be any discount problem that exists in closed-end funds.