Resource ETF Scale Shows Significant Growth Within the Year

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People’s Financial News, March 17 — Since the beginning of this year, the performance of different categories of theme ETFs (Exchange-Traded Funds) has varied, with resource-related products leading in size. Wind Information data shows that as of March 16, resource ETFs such as gold and oil & gas have grown by over 10 billion yuan this year. Theme ETFs like dividends and power grid equipment have also performed relatively well. Wang Xiang, a fund manager at Bosera Fund, told reporters that since the beginning of this year, global liquidity concerns combined with the decline in expectations for loose monetary policies overseas have increased the demand for risk aversion, making precious metals like gold the main assets for allocation. This is also the main reason for the continuous increase in the scale of these theme funds. Additionally, the current spillover effects of geopolitical risks on the global energy supply chain are rising, which will significantly push up international oil prices, leading to a noticeable growth trend in related theme ETFs. (Securities Daily)

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