# Lao Siji Hard Core Evaluation# #ETF Star Push Official# #Is the dividend strategy effective#
Preface: The so-called “index enhancement” means that the Fund adjusts individual stocks to a limited extent on the basis of fully replicating the target index, so as to minimize the deviation of the stock portfolio from the target index due to transaction costs, and strive to effectively track investment returns. And moderately exceed the target index.
During the previous market decline, I did some homework for the direction of the next round of layout, and the content output was not too much. Now that the above homework has been completed, I saw that Snowball officially launched a “product jury” activity. This kind of activity is more suitable for me, so I made time to write an article before writing the third quarterly report of a listed company!
There are as many as 13 types of funds that can be evaluated this time. I believe that when the folks bought funds, they suffered from poor liquidity, but the pending orders could not be completed. So today, the leader will evaluate the largest of them, the $ Wells Fargo CSI Dividend Index. Enhance (F100032)$ .
(As of the end of the second quarter, the product share was as high as 5.553 billion copies)
1. The seemingly tepid dividend index is actually “steady happiness”.
The bonus factor is the one that my friend @60000000000000000000000000 which has been highly praised by my friend in the past 1 year. The bull market is heavy, the bear market is heavy, and the dividend factor that can provide rich cash flow returns during the bear market has attracted much attention.
As can be seen from the above figure, in the two bear market years of 2018/2022, the Wells Fargo CSI Dividend Index Enhanced Fund is quite resilient, with a return rate in the top 10% of similar products.
Judging from the ranking, Wells Fargo CSI Dividend Index Enhancement (100032) has also ranked in the top 6% of similar products in the past 1 year, which is quite a good result.
In the past year, all three major A-share indexes have fallen. As of October 24, the Shanghai Composite Index, which has fallen the least, has fallen by more than 18%.
However, the Wells Fargo CSI Dividend Index has increased (100032) the probability of buying positive returns in the past 1 year can reach 87.19%, reflecting the “high defense” feature of the dividend factor bear market.
Investors who hold it with peace of mind for two years will all make money, and the income is more than 10%!
As of October 24, Wells Fargo CSI Dividend Index Enhanced (100032) has a total return of 26.98% in the past three years and a total return of 4.38% in the five years. Since the establishment of the product, the rate of return is 333.79%, which is equivalent to an annualized compound income of 11.11%, which is not only higher than the average rate of return of 7.95% of similar enhanced index products, but also much higher than the CSI 300 and performance comparison benchmarks (90% × CSI dividends). Index rate of return + 10% x one-year bank savings deposit rate). The product yield is not only higher than the bank’s pension wealth management products, but also flexible!
Among the top ten heavyweight stocks in the enhanced China Securities Dividend Index, the coal sector includes Yankuang Energy (SH600188)$ and Pingmei Coal. The second-largest heavyweight stock Huafa (SH600325)$ , due to its state-owned enterprise background and its backing of the Greater Bay Area, led the real estate sector with an increase of more than 70% during the year.
Second, the turnover rate.
Wells Fargo CSI Dividend Index Enhancement (100032) was established in 2008, and the product turnover rate was relatively high at first. After Xu Youhua took over in 2014, the turnover rate of products was significantly reduced, and the operation mode became more mature.
3. Rates.
In addition to liquidity and rate of return, another point that investors pay attention to is the rate.
The enhanced management and custody rates of the Wells Fargo CSI Dividend Index are 1.2% and 0.2%, respectively, which are similar to other index enhancement products. Investors may find it a bit more expensive than a regular index product, but it also has a higher excess return on the tracked dividend index than the rate increase.
As of October 24 this year, the Wells Fargo CSI Dividend Index has declined by 4.13% during the year, and the decline is only about half of the 8.39% of the tracked CSI Dividend Index. When the dividend index is pro-cyclical, it is indeed quite good to choose this enhanced index product!
@Today’s topic @dividend fund @福国利利 Enhancement @wealth managementold lady@ ETFstar push officer
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