Newsletter summary
Coal industry leads A shares upWeb3ingamingS & P dividend ETF rose significantly, market risk aversion increased. The S & P A-share dividend index has outperformed the market by more than 6% since the beginning of the year, with a dividend yield as high as 7%.Web3ingaming.18%, leading the way for a long time.
Text of news flash
[coal industry led A-share gains, S & P dividend ETF rose significantly] Fed interest rate cut expectations failed, market risk aversion increased, high dividend market made a strong return. At one point, the coal industry led the rise in A-shares, but closed up more than 1%, while steel, utilities and petrochemical were also among the top gainers. The S & P dividend ETF (562060) opened flat in early trading and rose in a straight line after a brief shock. The highest price on the market was 1.57%, closing up 1.02%, so as to recover all averages, with a full-day turnover of more than 67 million yuan, month-on-month volume. Although the rising process has been repeated, the dividend asset market has significantly outperformed the market since the beginning of the year. As of today's close, the S & P A-share dividend index, the underlying index of S & P dividend ETF (562060), has risen 8.21 per cent, outperforming the Shanghai index range by more than 6 percentage points. With the repeated external risks and the return of market shocks, some institutions suggest that the market of subject stocks will weaken for a period of time in the future, and the performance of dividend assets is expected to return. Recently, the market returned to volatility, the US CPI data exceeded expectations for three months in a row, and the expectations of global central banks quickly turning to easing began to be revised. The domestic economy is running smoothly, the production data continue to exceed expectations, the follow-up may still maintain a sound monetary policy, and the trend of low interest rates will continue. On the other hand, the A-share market is changing from incremental capital promotion to stock fund game, the process of adding active funds is obviously passivated, the redemption of public stock products has improved, and the return of foreign capital has slowed down under the background of RMB exchange rate adjustment. In this context, the dividend strategy is expected to continue to dominate. The S & P dividend ETF (562060) underlying index has long been the leader, with a dividend yield of 7.18%. According to the latest monthly report, as of March 29, 2024, the dividend yield of the S & P A-share dividend index was 7.18%, far exceeding the dividend yield of the mainstream A-share dividend index for the same period. In addition, in terms of long-term performance, the S & P A-share dividend index also has a significant advantage. Since the first year of listing (20092024.3.29), the S & P A-share dividend total income index (dividend reinvestment) has risen 722.78%, with an annualized return of 17.94%, ranking first. Under the macro background of moderate slowdown in economic growth and downward risk-free interest rates, S & P dividend ETF (562060) shows outstanding allocation value with sustained and stable high dividends and cross-cycle profitability. Investors should understand the risk and return of the fund, and carefully choose the fund products and bear the risk according to their own investment purpose, term, investment experience and risk bearing capacity. Hexun self-selected Stock Writer risk Tip: the above content is only the views of the author or guest, does not represent any position of Hexun, and does not constitute any investment advice related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products according to their own circumstances and consult professional investment advisers if necessary. Hexun tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any guarantee or commitment.
