Understanding the Yifangda SSE 50 Index (LOF) A (502048) Fund

For those exploring index fund investments in China's dynamic market, the Yifangda SSE 50 Index (LOF) A (502048) presents an intriguing option. As of February 26, 2025, this exchange-traded fund maintains a net asset value of 1.0855 RMB with 0.85% daily growth, offering exposure to Shanghai Stock Exchange's 50 largest blue-chip companies. Let's unpack what makes this fund tic
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Understanding the Yifangda SSE 50 Index (LOF) A (502048) Fund

A Smart Investor's Guide to Index Fund Opportunities

For those exploring index fund investments in China's dynamic market, the Yifangda SSE 50 Index (LOF) A (502048) presents an intriguing option. As of February 26, 2025, this exchange-traded fund maintains a net asset value of 1.0855 RMB with 0.85% daily growth, offering exposure to Shanghai Stock Exchange's 50 largest blue-chip companies. Let's unpack what makes this fund tick.

Essential Fund Metrics at a Glance

  • Current NAV: 1.0855 RMB (Feb 26, 2025)
  • Entry Cost: 1.2% front-end load (discounted to 0.12% through promotional offers)
  • Ongoing Fees: 1.00% management + 0.20% custody fees
  • Fund Size: 2.59 billion RMB (Dec 31, 2024)

Why This Fund Stands Out in 2025

Under manager Song Zhaoxian's stewardship since inception in 2015, the fund employs enhanced indexing strategies that blend passive tracking with active risk management. Recent trading data shows healthy liquidity with 1,896 lots traded on February 27, 2025, and 20,400 RMB turnover – comparable to mid-sized ETF activity.

Cost Efficiency Breakdown

  • Subscription Discounts: Current 90% reduction on sales load
  • Flexible Trading: Supports same-day redemption through "Lively Treasure" cash management
  • Minimum Investment: Accessible 10 RMB entry point for retail investors

Strategic Positioning in China's Market

The fund's focus on SSE 50 constituents positions it as a bellwether for China's financial sector, particularly relevant as regulatory reforms reshape mainland markets. Its LOF structure combines the trading flexibility of ETFs with the settlement convenience of traditional mutual funds – think of it as having the agility of a Shanghai metro train (like the K48 line) navigating through market fluctuations.

Risk-Reward Profile Analysis

  • Concentration Risk: Top 10 holdings comprise 58% of portfolio
  • Sector Exposure: 45% financials, 20% consumer staples, 15% industrials
  • Dividend Yield: 2.8% trailing twelve months

For investors considering entry, the fund's daily arbitrage mechanism helps maintain tight tracking to its benchmark. Current premium/discount data shows the fund trading within 0.3% of NAV, significantly tighter than the 1.2% average observed in Q4 2024.

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