The ETFs and connected funds under E Fund Management, including the SSE 380 ETF and its connected fund, as well as the SSE 580 ETF and its connected fund, have been approved.
On July 11, Jin10 reported that today, the Shanghai Stock Exchange 380 ETF and its related funds, as well as the Shanghai Stock Exchange 580 ETF and its related funds submitted by companies such as E Fund, have been officially approved. Previously, the Shanghai Stock Exchange 380 Index announced an optimized compilation plan, introducing stricter liquidity screening and ESG considerations. The optimized index is positioned as "mid-cap stocks in the Shanghai market," deeply aligning with the direction of economic transformation and upgrading. Among them, "specialized, refined, unique, and innovative" enterprises account for nearly 30%, and the number of companies listed on the Sci-Tech Innovation Board accounts for nearly 20%, making it an important tool for exploring the growth potential of mid-cap blue chips in the Shanghai market. The Shanghai Stock Exchange 580 Index was released in June this year, composed of 580 stocks with smaller market capitalization and better liquidity in the Shanghai market, aimed at reflecting the overall performance of small-cap stocks in the Shanghai market. The index has distinct innovative attributes, with the private economy and emerging industries accounting for approximately 50% and 60%, respectively, helping investors conveniently grasp the growth opportunities of small-cap stocks in the Shanghai market.