The scale of CSI A500 fund has surpassed the watershed of '100 billion'. The CSI A500 Index has become the most attractive index in recent times, with the CSI A500ETF and related index funds attracting a large influx of funds. On October 31st, the second batch of CSI A500ETF will be submitted collectively and is highly likely to be approved and issued quickly. Fund insiders predict that there will be a continuous stream of funds entering the market through the CSI A500 fund, both on and off the exchange. Since its listing on October 15th, the first batch of 10 CSI A500ETFs with a milestone of billions have attracted market attention, and the ten ETFs have continued to attract funds, with fund sizes reaching new highs. According to Wind data, on October 30th, 10 CSI A500ETFs received a net inflow of 7.66 billion yuan, breaking the record for daily net inflow since their listing. Among the top ten ETFs with the highest net inflow amount on that day, Guotai Fund, Fuguo Fund, Morgan Asset Management, Huatai Bairui Fund, Jingshun Great Wall Fund, Yinhua Fund, China Merchants Fund, and Zhongzheng A500ETF under Southern Fund occupied eight of them. Guotai Fund, Fuguo Fund, and Zhongzheng A500ETF under Morgan Asset Management all had a net inflow of over 1 billion yuan on that day. Overall, as of October 30th, the total size of 10 CSI A500ETFs has increased from 20 billion yuan at the beginning of their listing to 61.4 billion yuan, and the number of fund shares has increased from 20 billion to 63.3 billion. According to the total size of ETFs tracking the index, the CSI A500 has become the seventh largest broad-based index in A-shares, following the CSI 300, STAR Market 50, SSE 50, CSI 500, ChiNext Index, and CSI 1000. In addition, a reporter from China Securities Journal learned from the channel that as of October 31st, the initial fundraising scale of the CSI A500 over-the-counter index fund under issuance has exceeded 46 billion yuan. This means that just over a month after the official release of the CSI A500 Index on September 23, the scale of related products tracking the CSI A500 Index has exceeded 100 billion yuan. In the eyes of industry insiders, '100 billion' is an important watershed. The scale of the CSI A500 fund has rapidly surpassed the 100 billion mark, demonstrating the strong vitality and attractiveness of this core index. Moreover, the CSI A500 index has a very broad track and there is still a lot of room for future development, with more and more incremental funds entering the market. In addition to institutional funds, individual investors have also become an important purchasing force for the CSI A500 fund, especially for over-the-counter index funds, with a considerable number of individual investors subscribing. After the first batch of CSI A500ETF was launched, the number of product reports tracking CSI A500 both on and off the market experienced explosive growth. On October 31st, the website of the China Securities Regulatory Commission showed that the second batch of China Securities A500ETF was collectively reported. Twelve fund companies appeared on the list of reports, namely E Fund, Huaxia Fund, Guangfa Fund, Boshi Fund, Hua'an Fund, Huabao Fund, Tianhong Fund, Huitianfu Fund, Penghua Fund, ICBC Credit Suisse Fund, Dacheng Fund, and Wanjia Fund. It is understood that the second batch of CSI A500ETF is highly likely to be approved and issued quickly, which means that a large amount of incremental funds will flow into the heavyweight index of CSI A500. In addition, from October 15th to October 29th, the number of reports of CSI A500 external hook funds also continued to increase. At present, the total number of reported CSI A500 Index Enhancement Fund, CSI A500 Off exchange Index Fund, and CSI A500ETF Linked Fund is 50. Among them, 10 public institutions reported the CSI A500ETF Connect Fund, 12 institutions reported the CSI A500 Index Fund, and 28 institutions reported the CSI A500 Index Enhancement Fund. As of October 31st, 10 CSI A500ETF linked funds, 10 CSI A500 index funds, and 2 CSI A500 index enhanced funds have disclosed their offering announcements. In addition to the first batch of 20 CSI A500 over-the-counter funds collectively issued on October 25th, plans for the subsequent issuance of related products have been announced, such as the Guojin CSI A500 Index Enhancement Fund and the ICBC Credit Suisse CSI A500 Index Fund, which will be launched on October 31st and November 1st respectively. Taikang CSI A500ETF Connect Fund, Boshi CSI A500 Index Fund, Huaxia CSI A500 Index Fund, Huashang CSI A500 Index Enhancement Fund, Tianhong CSI A500 Index Fund, China Europe CSI A500 Index Fund, and Guangfa CSI A500 Index Fund have announced the early termination of fundraising. Among them, Taikang CSI A500ETF Connect Fund and Boshi CSI A500 Index Fund were the first to announce their establishment. During the fundraising period, the net subscription amounts of the two funds reached 5.259 billion yuan and 3.526 billion yuan respectively, and the total number of effective subscribers raised were 30113 and 55738, respectively. The number of subscribers for the Boshi CSI A500 Index Fund ranks second among public offerings this year. Boshi Fund also announced that it will subscribe to Boshi CSI A500 Index Fund with its own funds of 2000003 yuan. Xu Zhiyan, Assistant General Manager of Hua'an Fund and Senior Director of Index and Quantitative Investment Department, stated that in the context of vigorously developing new quality productivity, buying the CSI A500 Index is a "one click allocation" of China's core assets. The CSI A500 Index adopts a compilation method of "full coverage of three levels of industries and rebalancing of one level of industries", and incorporates rules such as ESG, interconnectivity, and limiting the upper limit of individual equity. It is similar to the S&P 500 Index in compilation and gathers core leaders from various industries in the A-share market. At the same time, the CSI A500 index outperforms growth sectors such as new quality productivity, with outstanding profitability and growth potential. Hua'an Fund believes that overall, the valuation level of the A-share market is relatively low. The continuous release of positive signals from the policy side has further enhanced market confidence and injected strong momentum into the stock market. The global economy is currently in a stage of recovery, and factors such as the Federal Reserve's interest rate cuts have created a favorable external environment for A-shares. (New Society)