Recently, driven by multiple positive factors including "anti-involution" policy guidance, continuous technological breakthroughs, and improving market sentiment, the A-share new energy sector has demonstrated strong performance with significant gains in related stocks. Among these, the ChiNext New Energy Index, which features 20CM high volatility characteristics, has shown particularly impressive performance. According to Wind data, from April through September 30 this year, the index has gained a cumulative 60.86%, outperforming the CSI New Energy Index, CSI New Energy Vehicle Index, and SSE STAR New Energy Index, while also delivering significant outperformance compared to the ChiNext Index's 53.93% gain over the same period.
Against this backdrop, established quantitative investment firm Fuguo Fund has launched another indexation tool - the ChiNext New Energy ETF Fuguo (Fund Code: 159122), which officially begins trading today. The ETF closely tracks the ChiNext New Energy Index (referred to as the "Innovation Energy Index"), packaging a basket of new energy listed companies on the ChiNext board to help investors efficiently capture opportunities in the new energy sector.
As an important market serving China's innovation-driven development strategy, ChiNext has attracted a group of high-quality technology companies, with power equipment and other new energy industries holding the highest weightings, demonstrating significant core advantages. The Innovation Energy Index (399266.SZ) tracked by the ChiNext New Energy ETF Fuguo (159122) carefully selects 50 listed companies with businesses involving new energy and new energy vehicles, focusing more precisely on core assets within the ChiNext new energy sector.
From an industry distribution perspective, the Innovation Energy Index covers core industrial chains within the new energy sector and conducts deep stock selection across various sub-sectors. According to Wind data as of September 30, classified by SWICS Level 3 industry standards, lithium batteries (29.31%), inverters (19.56%), battery chemicals (14.02%), and industrial control equipment (11.38%) hold relatively high weightings. The index maintains pure positioning, helping investors precisely capture growth opportunities in the new energy sector.
The Innovation Energy Index constituents include both leading companies in batteries and solar inverter fields such as CATL and Sungrow Power Supply, as well as numerous small and mid-cap companies with high growth potential. Wind data shows that as of September 30, among the Innovation Energy Index constituents, 26 stocks had total market capitalizations below 20 billion yuan and 7 stocks above 50 billion yuan, with weightings of 17.71% and 56.5% respectively, creating a balanced overall structure that combines stable strength with growth potential.
Additionally, the Innovation Energy Index constituents demonstrate characteristics of "high R&D investment, high growth, and high elasticity." In recent years, the index's R&D investment as a percentage of operating revenue has remained above 4%, significantly higher than market averages, continuously injecting momentum for long-term, stable operations. According to Wind consensus forecasts, by 2026, the Innovation Energy Index's net profit attributable to shareholders is expected to nearly double compared to 2022, with ROE projected to maintain around 15%, highlighting strong growth prospects and profitability that lay the foundation for excellent performance. Since the base date, the Innovation Energy Index has achieved cumulative gains exceeding 238% and demonstrated exceptional resilience during multiple market rebounds, combining long-term growth potential with short-term explosive capability.
Established quantitative investment firm Fuguo Fund will provide support for the stable operation of the ChiNext New Energy ETF Fuguo. Fuguo Fund is one of China's "Big Ten" public fund management companies, with its quantitative investment team established in 2009 and over 16 years of deep experience in index quantitative investment. In terms of product lineup, Fuguo Fund follows market trends and actively expands its index quantitative investment landscape, building a comprehensive and competitive product line covering index enhancement, passive index/ETF, absolute return, active quantitative strategies, and other areas, committed to meeting investors' diversified, indexed, and tool-oriented investment needs.
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