Changxin "One-to-Many" Changxin Value Quantitative Approved
Recently, the first "one-to-many" dedicated account wealth management product under Changxin Fund - the "Changxin Value Quantitative Asset Management Plan" has been approved and will officially start fundraising in the near future. It is understood that quantitative investment has a long history of development abroad. Since Barclays Global Investors established the first active quantitative investment fund in 1979, it has developed for nearly 30 years. In China, quantitative investment has become a new highlight. Apart from a few funds that explicitly adopt quantitative investment strategies, quantitative investment is still in the development stage. Changxin recently obtained QDII qualifications, and the approval of one-to-many products will further enrich the business under Changxin Fund.
NFFund Shenzhen Composite ETF Index Fund to be issued early November
NFFund announced that the Shenzhen Composite ETF and its linked fund are scheduled to be issued early November. This makes the Shenzhen Component Index, one of the two major indices of A-shares, become the target index of an ETF fund for the first time. According to statistics from the Wind system, as of the end of September 2009, the increase in the Shenzhen Component Index over 15 years was 1080.12%.