Guotai Fund’s ETF Assets Rise to 342.3 Billion Yuan, Ranking Third in China

Guotai Fund’s exchange-traded fund (ETF) assets under management reached 342.3 billion yuan as of June 16, moving up to third place in the industry, behind E Fund Management and China Asset Management. According to Jin10, Wind data showed that Guotai Fund’s ETF assets under management increased by 55.8 billion yuan so far this year, ranking first across the market. The Guotai Communications ETF and the Guotai Semiconductor Equipment ETF contributed increases of 33.1 billion yuan and 15.3 billion yuan, respectively. The Guotai Power Grid Equipment ETF and the Guotai Gold ETF each rose by more than 6.0 billion yuan in assets under management.