Industrial and Commercial Bank of China (ICBC) has recently launched a new fund distribution service brand, "Gongying Yanxuan." As a key initiative to enhance the fund sales service experience and deepen the transformation of its wealth management business, the "Gongying Yanxuan" brand centers on client profitability. It leverages ICBC's professional investment research capabilities to build a pyramid-style public fund selection system and simultaneously introduces a full-cycle investment companion service integrating product selection, risk control, and client service, aiming to help investors "feel and gain" on their wealth management journey.
In product selection, "Gongying Yanxuan" establishes quantitative standards such as "return" and "drawdown" from perspectives that are easy for clients to understand and for frontline staff to market, collaborating with fund companies to build a dynamic product pool. Based on clear hierarchical logic, the brand's initial launch features two core product series: "Anying" and "Zhiying," catering to clients with different risk preferences and investment goals, providing one-stop asset allocation solutions. The "Zhiying" series focuses on equity index products, selecting those with transparent operations, high tracking efficiency, and advantages in both scale and liquidity, aiming to offer efficient, convenient, and low-cost allocation tools for clients seeking higher return elasticity.
After rigorous screening, among the products selected for the first batch of "Gongying Yanxuan," Huatai-PineBridge CSI Low-Volatility Dividend ETF Link Fund, under the "index giant" Huatai-PineBridge Fund, successfully made the list due to its notable market recognition, excellent long-term historical performance, and clear strategy logic. It is expected to become an important force for ICBC in serving investors in the equity index field.
It is reported that Huatai-PineBridge CSI Low-Volatility Dividend ETF Link Fund primarily invests in the market's first and currently only dividend-themed ETF product with a scale exceeding 300 billion yuan—the Low-Volatility Dividend ETF (512890). According to the fund's first-quarter 2026 report, the total scale of Huatai-PineBridge CSI Low-Volatility Dividend ETF Link Fund (including Class A 007466, Class C 007467, Class I 022678, and Class Y 022951) reached 127.23 billion yuan, also making it the only off-market dividend-themed index fund with a cumulative scale exceeding 125 billion yuan, reflecting high recognition of the low-volatility dividend strategy from both on-market and off-market investors.
As one of the globally classic value investment strategies, the low-volatility dividend strategy focuses on high-quality companies with relatively high dividend yields, healthy cash flows, and reasonable valuations. With its dual characteristics of relatively stable dividend returns and low volatility, its long-term allocation value has become increasingly prominent against the macroeconomic backdrop of slowing global economic growth, rising market uncertainties, and a persistent low-interest-rate environment. Since its inception in 2019, Huatai-PineBridge CSI Low-Volatility Dividend ETF Link Fund has achieved positive annual returns for six consecutive full years (2020–2025). As of April 30, 2026, the annualized returns since inception for Class A and Class C shares were 10.82% and 10.52%, respectively. Over the past six years, their returns ranked 3rd out of 11 and 2nd out of 10 in Galaxy's peer rankings, with both earning a Morningstar five-star ★★★★★ rating.
Thanks to its long-term impressive historical performance, Huatai-PineBridge CSI Low-Volatility Dividend ETF Link Fund continues to attract investor favor. According to the fund's 2025 annual report, the cumulative number of fund holders reached 1,471,200, an increase of 640,000 from the beginning of the year, not only setting a historical record but also making it the only dividend-themed index fund in the entire market during the same period to attract over 1.4 million holders.
Huatai-PineBridge Fund, the manager of Huatai-PineBridge CSI Low-Volatility Dividend ETF Link Fund, is one of China's first ETF managers. With over 19 years of deep expertise in index investment, it has meticulously built a core product line catering to the needs of "long-term money, long-term investment" and a product matrix covering multiple dimensions such as Smart Beta and core broad-based indices, aiming to provide investors with transparent, convenient, and low-cost index tools. In December 2025, Huatai-PineBridge Fund won three heavyweight awards: the "Golden Bull Fund Management Company Award," the "Passive Investment Golden Bull Fund Company Award," and the "Reverse Sales Golden Bull Award." To date, the company has accumulated 18 Golden Bull Awards in the field of passive investment.
As of the end of 2025, the company's ETFs had cumulatively generated profits exceeding 164 billion yuan for holders over the past two years, making it one of only four fund companies in the entire market during the same period to achieve cumulative profits exceeding 100 billion yuan. In terms of fees, ETFs accounting for 77.8% of the company's scale adopt the lowest-tier fee structure currently available in the market for equity index funds (management fee of 0.15% per year + custody fee of 0.05% per year).
The successful inclusion of Huatai-PineBridge CSI Low-Volatility Dividend ETF Link Fund in "Gongying Yanxuan" not only reflects ICBC's high recognition of Huatai-PineBridge Fund's professional expertise and product management capabilities in the index investment field but also demonstrates the deep consensus between the two parties in serving residents' wealth management needs and enhancing clients' investment gains. In the future, Huatai-PineBridge Fund will work hand in hand with ICBC, leveraging the "Gongying Yanxuan" brand to fully utilize its professional advantages in index investment and dividend strategies, jointly providing investors with higher-quality products and more comprehensive services to help clients achieve long-term, stable wealth growth.
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