The investment window for the third quarter is about to come, and many public funds are issuing ETFs for unattended industries.
The investment window for the third quarter is about to come, public funds are starting to explore niche and underweight traditional industries in the form of new ETF products. So far this year, the performance gap between technology and non-technology themed funds has rapidly widened, leading to increasing discussions about style switching. Although actively managed equity funds embracing technology are not likely to change positions easily, several top public funds are starting to enter the market through the ETF route. At the end of June, several public funds intensively issued industry ETFs for construction machinery, food consumption, household appliances, and biopharmaceuticals, which were previously considered niche, in an attempt to explore undervalued investment opportunities.
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