The China Securities Regulatory Commission website shows that the China AMC CSI Dividend Growth ETF has had its application materials accepted. This is among the first batch of ETF products tracking the CSI Dividend Growth Index (932309).

The CSI Dividend Growth Index (932309) is positioned around the dividend growth strategy for A-shares, a strategy that has already seen broad application overseas and primarily reflects the overall performance of listed companies with continuously growing dividend payouts. The sample universe is the CSI All Share Index. After excluding securities by market capitalization and liquidity, further screening is conducted based on dividend payout ratio, net profit, ROE and other factors. Securities whose total dividend amounts have grown continuously over the past several years are then selected, and the top 50 are chosen as index constituents based on a composite score of consecutive dividend-paying years and average annual growth rate of total dividends.

The industry distribution of the Dividend Growth Index is led by materials (23%), financials (17%) and industrials (16%), reflecting a relatively balanced allocation. The CSI Dividend Index is relatively overweight financials and energy while underweight materials and consumer staples; the Dividend Low Volatility Index has over 50% allocated to financials; and the Dividend Quality Index focuses on healthcare, materials and information technology, giving each a clearly distinct profile.

The Dividend Growth Index's annualized return and volatility are both higher than those of the CSI Dividend Index and the Dividend Low Volatility Index, but lower than the Dividend Quality Index, and its price trend shows notable independence. On a yearly basis, the index significantly outperformed the CSI Dividend Index and the Dividend Low Volatility Index before 2020, and also showed relative strength in 2025.

This strategy adds growth characteristics on top of traditional high dividends, making it well suited to a market environment of moderate economic recovery and a declining interest rate center. It can both provide the safety cushion of high dividend yields and capture valuation repair driven by earnings improvement.

Data source: Wind. The risk rating of the above fund is R4 (medium-high risk). It is an equity fund, and its risk and return are higher than those of mixed funds, bond funds and money market funds. Individual stocks are not recommendations. Before investing in a fund, investors should carefully read the fund's legal documents such as the Fund Contract, Prospectus and Product Summary, fully understand the fund's risk-return characteristics and product features, and thoroughly consider their own risk tolerance based on investment objectives, investment horizon, investment experience, asset status and other factors. On the basis of understanding the product and suitability opinions, investors should make rational judgments and prudent investment decisions and independently bear investment risks. Index performance does not represent product performance, and secondary market price performance does not represent net asset value performance. This fund is an ETF, and investors in this fund face potential risks such as tracking error failing to meet the agreed target, the index compiler discontinuing services, and constituent securities being suspended from trading, as well as the risk that the underlying index return deviates from the average return of the stock market, the risk of underlying index volatility, the risk that the fund portfolio return deviates from the underlying index return, the risk of underlying index changes, the risk of premiums or discounts in the secondary market trading price of fund shares, the risk of errors in the subscription and redemption list, the risk of errors in reference IOPV decisions and IOPV calculations, delisting risk, the risk of failed investor subscriptions and redemptions, the liquidity risk of the redemption consideration for fund shares, and derivatives investment risk. Fee notes: (1) When investors subscribe to or redeem fund shares, the subscription and redemption agent may charge a commission of no more than 0.5%, which includes relevant fees charged by the stock exchange, registrar and others. (2) On-exchange and off-exchange trading fees are subject to what the securities company actually charges. A MACD golden cross signal has formed, and these stocks are rising well.