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163821

1.71200 CNY
0.006
0.35%
Last update Jun 4, 2:59 PM CST
Market closed
Day range
1.69800
1.76800
Previous close
1.70600
Open
1.69800
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BOCIM CSI 300 Equal Weight Index Fund
1.71
0.01
0.35%

Overview

Description

The BOCIM CSI 300 Equal Weight Index Fund is a mutual fund designed to provide investors with broad exposure to the Chinese equity market by tracking the performance of the CSI 300 Equal Weight Index. This index comprises 300 companies listed on the Shanghai and Shenzhen stock exchanges, covering a diverse range of sectors that significantly contribute to China's dynamic economy. Unlike traditional cap-weighted indices, the equal weight approach allocates identical importance to each constituent stock, thus reducing concentration risk and offering a diversified portfolio. This strategy ensures that smaller firms have the same impact on the index performance as larger, more established companies, fostering a more balanced market representation. The fund appeals to investors seeking direct engagement with China's economic growth across various industries, such as technology, financial services, industrials, and consumer goods. By focusing on equal weight distribution, the fund intends to capture the market’s overall uptrend while mitigating volatility that may arise from specific sector dominance. As such, it plays a crucial role in international portfolios looking to diversify holdings with a strategic focus on China's evolving market landscape.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
China
MIC code
XSHE
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