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\u5e02\u5834\u5c0d\u4e3b\u52d5\u578b ETF \u53ca\u5177\u5099\u4e0b\u884c\u4fdd\u8b77 \u529f\u80fd \u7684 ETF \u7522\u54c1\u9700\u6c42\u4fdd\u6301\u589e\u9577\u52e2\u982d \u00a0<\/p>\n

\u9999\u6e2f<\/span> 2025\u5e745\u670821\u65e5<\/span> \/\u7f8e\u901a\u793e\/ — 2025\u5e74\uff0c\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1(ETF)\u5728\u5927\u4e2d\u83ef\u5340\u7e7c\u7e8c\u4fdd\u6301\u589e\u9577\u52e2\u982d\u3002\u57282024\u5e74\u4e9e\u592a\u5730\u5340\u5275\u7d00\u9304\u76843,470\u5104\u7f8e\u5143\u7e3d\u6d41\u5165\u898f\u6a21\u4e2d\uff0c\u5927\u4e2d\u83ef\u5340\u8ca2\u737b\u4e8671%[1]\u3002\u5168\u7403\u9818\u5148\u7684ETF\u8a17\u7ba1\u4eba\u548c\u884c\u653f\u7ba1\u7406\u4eba\u5e03\u6717\u5144\u5f1f\u54c8\u91cc\u66fc\u9280\u884c(BBH)\u9032\u884c\u4e86\u7b2c\u516b\u5c46\u5e74\u5ea6\u5927\u4e2d\u83ef\u5340ETF\u6295\u8cc7\u8005\u8abf\u67e5\uff0c\u7d50\u679c\u986f\u793a\uff0c\u5728\u5e02\u5834\u5287\u70c8\u6ce2\u52d5\u6642\u671f\uff0c\u6295\u8cc7\u8005\u5c0d\u5177\u5099\u4e0b\u884c\u4fdd\u8b77\u529f\u80fd\u7684ETF\uff08\u5982\u7de9\u885d\u578bETF\uff09\u9700\u6c42\u986f\u8457\u4e0a\u5347\u3002\u540c\u6642\uff0c\u5340\u5167\u8cc7\u7522\u914d\u7f6e\u8005\u5c0d\u4e3b\u52d5\u578bETF\u7684\u9700\u6c42\u4ea6\u65e5\u76ca\u589e\u52a0\u3002\u00a0<\/p>\n

\u5e74\u5ea6\u5927\u4e2d\u83ef\u5340ETF\u6295\u8cc7\u8005\u8abf\u67e5\u662fBBH\u5168\u7403ETF\u6295\u8cc7\u8005\u8abf\u67e5<\/a>\u7684\u4e00\u74b0\uff0c\u4ee3\u8868\u8457\u4f86\u81ea\u4e2d\u570b\u5167\u5730\u3001\u9999\u6e2f\u548c\u53f0\u7063100\u540dETF\u6a5f\u69cb\u6295\u8cc7\u8005\u7684\u610f\u898b\uff0c\u5176\u4e2d53%\u7684\u53d7\u8a2a\u8005\u7ba1\u7406\u8d85\u904e10\u5104\u7f8e\u5143\u8cc7\u7522\uff0c\u800c\u5728\u9019\u4e9b\u53d7\u8a2a\u8005\u7576\u4e2d\uff0c29%\u5728\u5176\u6295\u8cc7\u7d44\u5408\u4e2d\u670950%\u4ee5\u4e0a\u7684\u8cc7\u7522\u6295\u8cc7\u65bcETF\uff08\u5168\u7403\u6bd4\u4f8b\u70ba24%\uff09\u3002<\/p>\n

\u300c\u5927\u4e2d\u83ef\u5340 ETF \u5e02\u5834\u7684\u8d85\u5e38\u898f\u589e\u9577\u5f70\u986f\u4e86\u8a72\u5e02\u5834\u7684\u5f37\u52c1\u5be6\u529b\u8207\u6df1\u5ea6\u3002\u96a8\u8457\u5340\u57df ETF \u5e02\u5834\u65e5\u8da8\u767c\u5c55\u6210\u719f\uff0c\u6295\u8cc7\u8005\u6b63\u6301\u7e8c\u52a0\u5927 ETF \u914d\u7f6e\u529b\u5ea6\u3002\u96d6\u7136\u672c\u5730 ETF \u767c\u884c\u4eba\u5728\u5927\u4e2d\u83ef\u5340\u4f54\u64da\u4e3b\u5c0e\u5730\u4f4d\uff0c\u4f46\u570b\u969b ETF \u767c\u884c\u4eba \u4ea6 \u5177\u767c\u5c55\u6a5f\u9047\u3002\u8981\u5728\u5927\u4e2d\u83ef\u5340\u53d6\u5f97\u6210\u529f\uff0c\u570b\u969b ETF \u767c\u884c\u4eba\u9700\u6df1\u5165\u4e86\u89e3\u672c\u5730\u5e02\u5834\u7684\u7279\u9ede\u3002\u300d BBH \u7684\u4e9e\u6d32\u5340 ETF \u670d\u52d9\u7e3d\u76e3 Chris Pigott\u5982\u6b64\u8868\u793a\u3002\u00a0<\/p>\n

\u4e3b\u8981\u767c\u73fe\uff1a\u00a0<\/p>\n

\u5927\u4e2d\u83ef\u5340 \u2014\u2014 \u5f15\u9818\u4e9e\u592a\u5340 ETF \u6574\u9ad4\u589e\u9577 <\/p>\n

\u5927\u4e2d\u83ef\u5340 ETF \u8d85\u5e38\u898f\u589e\u9577\uff0c\u8d85\u8d8a\u5168\u7403\u6c34\u6e96\uff1a\u53f0\u7063\u548c\u9999\u6e2f\u5c0dETF\u7684\u9700\u6c42\u5c24\u70ba\u7a81\u51fa\uff0c\u904e\u53bb\u4e94\u5e74\u5169\u5730ETF\u6295\u8cc7\u8005\u5206\u5225\u670927%\u548c23%\u7684ETF\u914d\u7f6e\u589e\u5e45\u8d85\u904e25%\u3002 \u4e3b\u52d5\u578b ETF \u65e5\u76ca\u53d7\u5230\u9752\u775e\uff1a\u6240\u6709\u53d7\u8a2a\u8005\u5747\u8a08\u5283\u5728\u672a\u4f8612\u500b\u6708\u5167\u589e\u52a0\u5c0d\u4e3b\u52d5\u578bETF\u7684\u914d\u7f6e\uff0c\u9999\u6e2f\u548c\u53f0\u7063\u5747\u670940%\u7684\u6295\u8cc7\u8005\u8a08\u5283\u5c07\u4e3b\u52d5\u578bETF\u6301\u5009\u898f\u6a21\u589e\u52a025%\u4ee5\u4e0a\u3002 \u8cc7\u91d1\u8abf\u6574\u4ee5\u589e \u914d \u4e3b\u52d5\u578b ETF \uff1a22%\u7684ETF\u6295\u8cc7\u8005\u8868\u793a\u5c07\u6e1b\u5c11\u5c0d\u6307\u6578\u578bETF\u7684\u914d\u7f6e\uff0c\u5176\u6b21\u662f\u4e3b\u52d5\u7ba1\u7406\u578b\u5171\u540c\u57fa\u91d1(19%)\u548c\u4e3b\u52d5\u7ba1\u7406\u578b\u7368\u7acb\u5e33\u6236(SMA) (15%)\u3002 \u914d\u7f6e ETF \u7684\u539f\u56e0 : 35%\u7684ETF\u6295\u8cc7\u8005\u5c0b\u6c42\u901a\u904e\u6838\u5fc3\u914d\u7f6e\u5be6\u73fe\u9577\u671f\u6295\u8cc7\u7d44\u5408\u589e\u9577\u300232%\u5e0c\u671b\u901a\u904e\u914d\u7f6e\u5e02\u5834\u4e2d\u7684\u6230\u8853\u6027\u3001\u7bc4\u570d\u72f9\u7a84\u6216\u7279\u5b9a\u9818\u57df\u5be6\u73fe\u6295\u8cc7\u7d44\u5408\u7684\u512a\u7570\u8868\u73fe\u300220%\u65e8\u5728\u7ba1\u7406\u6295\u8cc7\u98a8\u96aa\u3001\u6ce2\u52d5\u6027\u4e26\u9032\u884c\u4e0b\u884c\u4fdd\u8b77\u3002\u50c513%\u662f\u70ba\u4e86\u7372\u53d6\u80a1\u606f\u6536\u76ca\u3002 \u78ba\u5b9a\u6536\u76ca ETF \u9818\u5148\uff1a29%\u7684\u5927\u4e2d\u83ef\u5340\u6295\u8cc7\u8005\u8a08\u5283\u5728\u672a\u4f8612\u500b\u6708\u5167\u6295\u8cc7\u65bc\u78ba\u5b9a\u6536\u76ca\u578b\uff08\u6216\u7de9\u885d\u578b\uff09ETF\uff0c\u4e2d\u570b\u5167\u5730\u7684\u9019\u4e00\u6bd4\u4f8b\u4e0a\u5347\u81f334%\u300227%\u8a08\u5283\u6295\u8cc7\u65bc\u56fa\u5b9a\u6536\u76ca\u3002 \u52a0\u5bc6\u8ca8\u5e63 ETF \u95dc\u6ce8\u5ea6\u63d0\u5347\uff1a26%\u7684\u6295\u8cc7\u8005\u8a08\u5283\u57282025\u5e74\u8cfc\u8cb7\u52a0\u5bc6\u8ca8\u5e63\u4e3b\u984cETF\uff0c\u5176\u4e2d\u53f0\u7063(40%)\u548c\u9999\u6e2f(23%)\u9700\u6c42\u6700\u9ad8\u3002 <\/p>\n

\u4e2d\u570b\u5167\u5730 \u2014\u2014 \u6295\u8cc7\u8005\u5c0d\u589e\u52a0 ETF \u914d\u7f6e\u6301\u7a4d\u6975\u614b\u5ea6 <\/p>\n

\u5c0d\u96e2\u5cb8\u8cc7\u7522\u7684\u9700\u6c42\u4f9d\u7136\u5f37\u52c1\uff0c2024\u5e74[2]\u4e2d\u570b\u5167\u5730\u6295\u8cc7\u8005\u901a\u904e\u5357\u5411\u901a\u6de8\u8cb7\u5165\u9999\u6e2f\u4e0a\u5e02ETF\u3002 \u5982\u4e2d\u570b\u5167\u5730\u6295\u8cc7\u8005\u8a08\u5283\u672a\u4f8612\u500b\u6708\u5167\u8cfc\u8cb7\u5728\u9999\u6e2f\u4ea4\u6613\u6240\u4e0a\u5e02\u7684ETF\uff0c\u4ed6\u5011\u6700\u611f\u8208\u8da3\u7684\u662f\u7de9\u885d\u578bETF(34%)\u548cESG\u7522\u54c1(20%)\u3002 40%\u7684\u6295\u8cc7\u8005\u8a08\u5283\u901a\u904e\u8abf\u6574\u5176\u4ed6ETF\u7684\u8cc7\u91d1\u4f86\u589e\u914d\u65b0ETF\u3002 <\/p>\n

\u9999\u6e2f\u5e02\u5834 \u2014\u2014 \u7a05\u52d9\u6548\u7387\u5df2\u6210\u70ba\u6295\u8cc7\u8005\u8a55\u4f30\u6301\u6709\u6210\u672c\u65e5\u76ca\u91cd\u8981\u7684\u8003\u91cf\u56e0\u7d20 <\/p>\n

\u9999\u6e2f\u662f\u4e9e\u6d32\u591a\u5143\u5316\u7a0b\u5ea6\u6700\u9ad8\u7684ETF\u5e02\u5834\u4e4b\u4e00\uff0c\u8cc7\u91d1\u6d41\u52d5\u53d7\u5230\u672c\u5730\u76e3\u7ba1\u6a5f\u69cb\u548c\u4ea4\u6613\u6240\u7522\u54c1\u5275\u65b0\u7684\u63a8\u52d5\u3002 \u96d6\u7136\u56fa\u5b9a\u6536\u76ca\u9700\u6c42\u666e\u904d\u4e0a\u5347\uff0c\u4f46\u9999\u6e2f\u5c24\u70ba\u986f\u8457\uff0c34%\u7684\u914d\u7f6e\u8005\u8a08\u5283\u6295\u8cc7\u8a72\u7b56\u7565\u3002 34%\u7684\u6295\u8cc7\u8005\u9810\u8a08\u300c\u7f8e\u80a1\u4e03\u96c4\u300d\u7684\u5f37\u52e2\u8868\u73fe\u5c07\u6301\u7e8c\uff08\u9ad8\u65bc\u5927\u4e2d\u83ef\u5340\u6574\u9ad4\u768426%\u6c34\u6e96\uff09\u3002 \u7a05\u52d9\u6548\u7387\u662f\u9999\u6e2fETF\u6295\u8cc7\u8005\u6700\u91cd\u8981\u7684\u8003\u91cf\u56e0\u7d20(26%)\u3002 <\/p>\n

\u53f0\u7063 \u2014\u2014 \u5168\u7403\u589e\u9577\u6700\u5feb\u7684 ETF \u5e02\u5834\u4e4b\u4e00\uff0c\u4e3b\u52d5\u578b ETF \u7684\u63a8\u51fa\u70ba\u8cc7\u7522\u7ba1\u7406\u6a5f\u69cb\u5275\u9020\u6a5f\u9047 <\/p>\n

23%\u7684ETF\u6295\u8cc7\u8005\u6b63\u5728\u6e1b\u6301\u4e3b\u52d5\u578b\u5171\u540c\u57fa\u91d1\u4ee5\u589e\u914dETF\u3002 \u5e02\u5834\u5c0d\u4e3b\u52d5\u578bETF\u7684\u63a8\u51fa\u9700\u6c42\u65fa\u76db\uff0c37%\u548c27%\u7684\u6295\u8cc7\u8005\u8a08\u5283\u5206\u5225\u914d\u7f6e\u80a1\u7968\u578b\u548c\u4e3b\u52d5\u578b\u6d41\u52d5\u53e6\u985eETF\u3002 \u7d50\u69cb\u6027\u7522\u54c1\u2014\u2014\u7279\u5225\u662f\u64d4\u4fdd\u8cb8\u6b3e\u6191\u8b49(CLO)\u2014\u2014\u4f3c\u4e4e\u9817\u53d7\u9752\u775e\uff0c23%\u7684\u914d\u7f6e\u8005\u8a08\u5283\u57282025\u5e74\u4f48\u5c40\u8a72\u985e\u8cc7\u7522\u3002 \u53f0\u7063\u5728\u52a0\u5bc6\u8ca8\u5e63\u9818\u57df\u9818\u5148\uff0c40%\u7684ETF\u6295\u8cc7\u8005\u8a08\u5283\u57282025\u5e74\u8cfc\u8cb7\u52a0\u5bc6\u8ca8\u5e63\u4e3b\u984cETF\u3002 \u5927\u4e2d\u83ef\u5340ETF\u6295\u8cc7\u8005\u5c0d\u4eba\u5de5\u667a\u80fd(AI)\u677f\u584a\u6301\u6a02\u89c0\u614b\u5ea6\u2014\u201431%\u7684\u914d\u7f6e\u8005\u8a8d\u70ba\u9019\u5c07\u6210\u70ba2025\u5e74\u7684\u4e3b\u8981\u6295\u8cc7\u8da8\u52e2\u3002\u5728\u53f0\u7063\uff0c\u9019\u4e00\u6bd4\u4f8b\u9ad8\u905460%\u3002 <\/p>\n

\u9ede\u64ca\u6b64\u8655\u95b1\u8b80\u5b8c\u6574\u5831\u544a\uff1a2025\u5e74\u5927\u4e2d\u83ef\u5340ETF\u6295\u8cc7\u8005\u8abf\u67e5<\/a>\u3002<\/p>\n

\n

[1]\u00a0\u00a0ETFGI\u300a\u5168\u7403ETF\u884c\u696d\u6d1e\u5bdf\u5831\u544a\u300b\uff082024\u5e7412\u6708\uff09<\/span> <\/p>\n

[2]\u00a0https:\/\/www.hkexgroup.com\/media-centre\/insight\/insight\/2024\/hkex-insight\/etfs-in-stock-connect-new-issuer-criteria-new-opportunities?sc_lang=zh-HK<\/a>\u00a0<\/span> <\/p>\n<\/div>\n

\u00a0<\/p>\n

\u95dc\u65bc\u5e03\u6717\u5144\u5f1f\u54c8\u91cc\u66fc\u9280\u884c <\/p>\n

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BBH\u6295\u8cc7\u8005\u670d\u52d9<\/a>\u662f\u9762\u5411\u5168\u7403\u8cc7\u7522\u7ba1\u7406\u6a5f\u69cb\u548c\u91d1\u878d\u6a5f\u69cb\u7684\u9818\u5148\u8cc7\u7522\u670d\u52d9\u548c\u904b\u71df\u6a21\u5f0f\u89e3\u6c7a\u65b9\u6848\u63d0\u4f9b\u5546\u3002\u6211\u5011\u7684\u8cc7\u7522\u670d\u52d9\u89e3\u6c7a\u65b9\u6848\u5305\u62ec\u8a17\u7ba1\u3001\u5168\u7403\u7a05\u52d9\u670d\u52d9\u3001\u5b58\u7ba1\u548c\u4fe1\u8a17\u3001\u6703\u8a08\u3001\u884c\u653f\u7ba1\u7406\u3001\u904e\u6236\u4ee3\u7406\u548c\u5916\u532f\u670d\u52d9\u3002\u6211\u5011\u7684\u904b\u71df\u6a21\u5f0f\u89e3\u6c7a\u65b9\u6848\u89e3\u6c7a\u4e86\u958b\u653e\u5f0f\u67b6\u69cb\u904b\u71df\u6a21\u5f0f\u4e2d\u7684\u5e73\u53f0\u3001\u8cc7\u6599\u548c\u9023\u63a5\u7b49\u6311\u6230\uff0c\u52a9\u529b\u5ba2\u6236\u5be6\u73fe\u589e\u9577\u3001\u63d0\u5347\u904b\u71df\u6548\u7387\u548c\u97cc\u6027\uff0c\u4e26\u7c21\u5316\u5831\u544a\u548c\u76e3\u7763\u6d41\u7a0b\u3002\u6b32\u4e86\u89e3\u66f4\u591a\u8cc7\u8a0a\uff0c\u8acb\u700f\u89bdwww.bbh.com<\/a>\u3002<\/p>\n

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\u514d\u8cac\u8072\u660e <\/p>\n

BROWN BROTHERS HARRIMAN\uff08\u300cBBH\u300d\uff09\u53ef\u7528\u4f5c\u6cdb\u6307\u6574\u5bb6\u516c\u53f8\u548c\/\u6216\u5176\u5404\u5bb6\u5b50\u516c\u53f8\u7684\u901a\u7528\u8853\u8a9e\u3002\u672c\u6750\u6599\u53ca\u4efb\u4f55\u7522\u54c1\u6216\u670d\u52d9\u53ef\u7531\u7d93\u6b63\u5f0f\u6388\u6b0a\u4e26\u63a5\u53d7\u76e3\u7ba1\u7684\u5b50\u516c\u53f8\u5728\u591a\u500b\u53f8\u6cd5\u7ba1\u8f44\u5340\u5167\u767c\u884c\u6216\u63d0\u4f9b\u3002\u672c\u6750\u6599\u50c5\u4f9b\u4e00\u822c\u8cc7\u8a0a\u548c\u53c3\u8003\u4e4b\u7528\uff0c\u4e26\u4e0d\u69cb\u6210\u6cd5\u5f8b\u3001\u7a05\u52d9\u6216\u6295\u8cc7\u5efa\u8b70\uff0c\u4ea6\u4e0d\u65e8\u5728\u4f5c\u70ba\u4e00\u4efd\u92b7\u552e\u8981\u7d04\u6216\u8cfc\u8cb7\u8b49\u5238\u3001\u670d\u52d9\u6216\u6295\u8cc7\u7522\u54c1\u7684\u62db\u652c\u3002\u5c0d\u7a05\u52d9\u4e8b\u9805\u7684\u4efb\u4f55\u63d0\u8ff0\u4e26\u4e0d\u65e8\u5728\u4e14\u4e0d\u53ef\u5c31\u907f\u514d\u6839\u64da\u7f8e\u570b\u570b\u5167\u7a05\u6536\u6cd5\u6216\u5176\u4ed6\u9069\u7528\u7684\u7a05\u6536\u5236\u5ea6\u4f5c\u51fa\u7684\u8655\u7f70\u6216\u70ba\u5411\u5354\u529b\u5ee0\u5546\u63a8\u5ee3\u3001\u71df\u92b7\u6216\u63a8\u85a6\u800c\u4f7f\u7528\u3002\u6240\u6709\u8cc7\u8a0a\u5747\u4f86\u81ea\u88ab\u8a8d\u70ba\u53ef\u9760\u7684\u4f86\u6e90\uff0c\u4f46\u7121\u6cd5\u4fdd\u8b49\u5176\u6e96\u78ba\u6027\uff0c\u4e14\u4e0d\u61c9\u5c0d\u6240\u63d0\u4f9b\u7684\u8cc7\u8a0a\u52a0\u4ee5\u4f9d\u8cf4\u3002\u672a\u7d93BBH\u51c6\u8a31\uff0c\u672c\u6750\u6599\u4e0d\u5f97\u8f49\u8f09\u3001\u8907\u88fd\u6216\u50b3\u8f38\uff0c\u4e14\u4e0d\u5f97\u5411\u7b2c\u4e09\u65b9\u62ab\u9732\u4efb\u4f55\u5167\u5bb9\u3002\u672c\u6750\u6599\u4e2d\u7684\u6240\u6709\u5546\u6a19\u548c\u670d\u52d9\u6a19\u7ae0\u5747\u70baBBH\u6216\u5176\u76f8\u95dc\u6240\u6709\u8005\u7684\u8ca1\u7522\u3002\u00a9 Brown Brothers Harriman & Co. 2025\u5e74\u3002\u7248\u6b0a\u6240\u6709\u3002<\/p>","protected":false},"excerpt":{"rendered":"

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\u65e5\u76ca\u53d7\u5230\u9752\u775e\uff1a\u6240\u6709\u53d7\u8a2a\u8005\u5747\u8a08\u5283\u5728\u672a\u4f8612\u500b\u6708\u5167\u589e\u52a0\u5c0d\u4e3b\u52d5\u578bETF\u7684\u914d\u7f6e\uff0c\u9999\u6e2f\u548c\u53f0\u7063\u5747\u670940%\u7684\u6295\u8cc7\u8005\u8a08\u5283\u5c07\u4e3b\u52d5\u578bETF\u6301\u5009\u898f\u6a21\u589e\u52a025%\u4ee5\u4e0a\u3002 \u8cc7\u91d1\u8abf\u6574\u4ee5\u589e \u914d \u4e3b\u52d5\u578b ETF \uff1a22%\u7684ETF\u6295\u8cc7\u8005\u8868\u793a\u5c07\u6e1b\u5c11\u5c0d\u6307\u6578\u578bETF\u7684\u914d\u7f6e\uff0c\u5176\u6b21\u662f\u4e3b\u52d5\u7ba1\u7406\u578b\u5171\u540c\u57fa\u91d1(19%)\u548c\u4e3b\u52d5\u7ba1\u7406\u578b\u7368\u7acb\u5e33\u6236(SMA) (15%)\u3002 \u914d\u7f6e ETF \u7684\u539f\u56e0 : 35%\u7684ETF\u6295\u8cc7\u8005\u5c0b\u6c42\u901a\u904e\u6838\u5fc3\u914d\u7f6e\u5be6\u73fe\u9577\u671f\u6295\u8cc7\u7d44\u5408\u589e\u9577\u300232%\u5e0c\u671b\u901a\u904e\u914d\u7f6e\u5e02\u5834\u4e2d\u7684\u6230\u8853\u6027\u3001\u7bc4\u570d\u72f9\u7a84\u6216\u7279\u5b9a\u9818\u57df\u5be6\u73fe\u6295\u8cc7\u7d44\u5408\u7684\u512a\u7570\u8868\u73fe\u300220%\u65e8\u5728\u7ba1\u7406\u6295\u8cc7\u98a8\u96aa\u3001\u6ce2\u52d5\u6027\u4e26\u9032\u884c\u4e0b\u884c\u4fdd\u8b77\u3002\u50c513%\u662f\u70ba\u4e86\u7372\u53d6\u80a1\u606f\u6536\u76ca\u3002 \u78ba\u5b9a\u6536\u76ca ETF \u9818\u5148\uff1a29%\u7684\u5927\u4e2d\u83ef\u5340\u6295\u8cc7\u8005\u8a08\u5283\u5728\u672a\u4f8612\u500b\u6708\u5167\u6295\u8cc7\u65bc\u78ba\u5b9a\u6536\u76ca\u578b\uff08\u6216\u7de9\u885d\u578b\uff09ETF\uff0c\u4e2d\u570b\u5167\u5730\u7684\u9019\u4e00\u6bd4\u4f8b\u4e0a\u5347\u81f334%\u300227%\u8a08\u5283\u6295\u8cc7\u65bc\u56fa\u5b9a\u6536\u76ca\u3002 \u52a0\u5bc6\u8ca8\u5e63 ETF 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