The mid-year report for 2025 shows that the CSI A500 ETF (159338) has a total of 105,975 holders, three times that of the second-place competitor.
In a traditionally institution-dominated broad market, individual investors hold 33.98% of the shares in the CSI A500 ETF. This indicates that within this product's ecosystem, a larger number of individual investors are engaging with the capital market through broad-based investments.
With an increased number of holders, the trading actions in response to market fluctuations may become more complex.
However, there is no doubt that a higher number of holders leads to improved liquidity for the product. Continuous buying and selling create an ongoing divergence between bullish and bearish views.
As Peter Lynch stated, "As long as you do a little research on stocks, even the average investor can become an expert."
In the first half of 2025, the CSI A500 ETF (159338) earned investors a profit of 462 million yuan, genuinely fulfilling its mission of enabling more investors to profit through its tools.
This emphasizes the product's inclusivity—allowing investors of varying capital scales and professional backgrounds to utilize high-quality allocation tools aligned with contemporary market trends. This represents a new era of broad-based ETFs.
This aligns with the design philosophy behind the CSI A500 ETF: innovative yet stable.
Unlike traditional broad-based ETFs that focus more on "large and stable" stocks, the industry allocation of the CSI A500 ETF radiates the vigorous energy of the new economy.
On one hand, the CSI A500 Index retains traditional broad-based index filtering standards based on market capitalization and trading volume, while incorporating multiple considerations such as ESG evaluations and sector-neutral strategies.
On the other hand, the CSI A500 Index reduces weight in non-bank financials, banking, and food and beverage sectors by approximately 12.51% compared to the CSI 300, redistributing that weight evenly across emerging sectors.
From an industry distribution perspective, the electronics sector holds the highest weight, comprising a significant technology cluster of 55 constituent stocks. Emerging sectors such as pharmaceuticals, non-ferrous metals, communications, and computers together form the core framework of the index.
While the CSI A500 ETF enhances “new momentum,” it has not completely abandoned “old momentum.” Instead, it selectively optimizes traditional high-quality sectors like banking and food and beverages, preserving defensive value while preventing the downsides of over-concentration.
During the press conference held by the State Council Information Office on September 22, the Chairman of the China Securities Regulatory Commission, Wu Qing, noted that the market capitalization of the A-share technology sector accounts for over one quarter, clearly exceeding the combined market capitalization percentage of banks, non-bank financials, and real estate industries.
The inclusion of more emerging sector leaders in the CSI A500 reflects a design that better aligns with current market characteristics, providing stronger representation for A-shares.
This new-old blend, balanced and robust structure allows the CSI A500 ETF to seize opportunities when the market rallies while also effectively managing risk during periods of volatility.
As of October 15, the CSI A500 ETF recorded an 18.66% increase since its launch one year ago, outperforming the CSI 300 Index, which rose 14.58%, thus achieving an excess return of 4.08%.
In the fractious market around the 3900-point mark, opting for such a versatile broad-based ETF may be an optimal response to market uncertainties.
Risk Disclosure: Profit data comes from the 2025 mid-year report; other data is sourced from Guotai Fund and Wind. The latest scale as of October 14, 2025, is dynamic and subject to market changes, provided for reference only. The cumulative customer count data spans from September 26, 2024, to September 25, 2025. Performance data spans October 15, 2024 (the listing date) to October 14, 2025; within this period, the CSI A500 ETF's on-market increase was 18.66%, while the CSI 300 Index increased 14.58%, yielding an excess return of 4.08%. Short-term fluctuations in indices and funds do not predict future performance. The fund has conducted continuous dividends for seven consecutive months from April to October 2025. Market views may dynamically adjust due to various factors and do not constitute the basis for investors to change their investment decisions or choose specific products. The aforementioned ETF fund is classified as an equity fund, with expected returns and risks higher than those of mixed, bond, and money market funds. The fund tracks an index, and its risk-reward characteristics are similar to those represented by the market portfolio of the index. The target ETF for the aforementioned linked fund is an equity index fund, theoretically expected to have returns and risk levels higher than mixed, bond, and money market funds. Investors should carefully read legal documents such as the Fund Contract, Prospectus, Product Information Summary, and Risk Disclosure before making investments. Investors should assess whether the fund aligns with their risk tolerance based on their investment objectives, time horizons, experience, and asset conditions. Investment in funds carries risks; caution is advised. The distribution principles for the CSI A500 ETF are as follows: 1. This fund distributes returns through cash dividends; 2. The fund manager may evaluate the fund's excess return compared to the benchmark and the distributable profits monthly, allowing for distribution when conditions are met. 3. Conditions for dividends may vary; fund distributions need not compensate for prior losses. 4. Monthly distributions are allowed, subject to compliance with relevant laws and regulations. CSI A500 ETF Link’s distribution principles are straightforward, including cash dividends or reinvestment options. Detailed dividend clauses can be found in the fund contract.
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