Newsletter summary

S & P dividend ETF (562060) continues to climbPacmanarcade7 Lianyang, up 3% on May 14.Pacmanarcade.53%, an excess of 5 percentage points. Dumbbell allocation strategy, dividend assets with high ROE, low valuation. Huatai, Huaxi Securities believe that the dividend is the first choice for the bottom position, the follow-up rate reduction has room, and the dividend plate has investment opportunities. S & P dividend ETF (562060) dividend yield 6PacmanarcadeThe 19-year cumulative return of .12% is 1975.17%, and the annualized rate of return is nearly 18%, which is suitable for balanced investors.

Text of news flash

[s & P dividend ETF (562060) rose 0.45%, turnover exceeded 53 million yuan, showing investment attractiveness] on Friday, against the backdrop of continued contraction in the A-share market, S & P dividend ETF (562060), the subject of the dividend index, rose 0.45% on the floor, with a turnover of more than 53 million yuan. Since April 30th, S & P dividend ETF (562060) has continued to climb, achieving the excellent performance of Lianyang 7 on the daily line. As of the close of trading on May 14, the S & P A-share dividend index, the underlying index of S & P dividend ETF (562060), rose 3.53% in the range, surpassing the performance of the Shanghai Composite Index (1.05%) and the CSI 300 (0.91%) Index over the same period. During the year, the S & P A-share dividend index rose 11.64%, with an excess return of about 5 percentage points compared with the Shanghai Composite Index and the CSI 300 Index. Since the beginning of this year, the dumbbell allocation strategy has attracted much attention, one end of which is the main line of scientific and technological growth that represents the future development direction of China's industry, and the other end is the dividend assets that reduce portfolio volatility through fixed-income assets with high dividends. Dividend strategy selects assets around dividend yield, so dividend assets usually have the characteristics of high ROE, low valuation and large market capitalization, which form complementary advantages with the growth of science and technology. Huatai Securities (601688) believes that with the release of capital risk and the landing of the quarterly report, the market downside risk has weakened. However, weak financial data may disturb risk appetite, policy expectations need to be catalyzed, the market may move from a rebound to a pause, and dividends become the first choice for bottom positions. Huaxi Securities (002926) pointed out that in the first quarter cargo policy report, the central bank clearly pointed out that promoting price recovery is an important consideration of the policy in the next stage, that monetary policy will coordinate with broad fiscal and stable real estate, and that there is room for subsequent reserve requirement and interest rate cuts, which will provide favorable support to the equity market. In terms of layout tools, S & P dividend ETF (562060) passively tracks the S & P China A-share dividend opportunity Index (CSPSADRP). According to the latest monthly report of April 2024, the dividend yield of the index is as high as 6.12%. In the 19 years from 2005 to 2023, the cumulative return of the S & P A-share dividend total income index was as high as 1975.17%, with an annualized return of nearly 18%. Under the macro background of moderately slowing economic growth and downward risk-free interest rates, S & P dividend ETF (562060) shows outstanding allocation value with its stable high dividend and cross-cycle profitability. It should be noted that the S & P dividend ETF (562060) passively tracks the S & P China A-share dividend opportunity Index (CSPSADRP). The base date of the index is June 18, 2004, and the release date is September 11, 2008. The composition of the index will be adjusted in accordance with the rules governing the compilation of the index. The fund manager evaluates the risk level of the fund as R3-medium risk, which is suitable for balanced (C3) and above investors. Investors are responsible for any self-determined investment behavior. At the same time, there are risks in fund investment, and past performance does not predict future performance.PacmanarcadeThe performance of his fund does not constitute a guarantee of the performance of the fund. Investors need to invest cautiously.