| Exchange traded funds is one of the most popular investing product and be favored by international investors. In 2004,it was introduced into mainland of china and get a great achievement. Paper is focus on the operation of SSE50 ETF, the first exchange traded fund in mainland of china. And after that, analyze the defect of it and the advices concerned.Firstly, Paper introduces the history and actuality of oversea ETFs, and discloses the characteristic and meaning of ETFs through compared with open-ended funds and close-ended funds. Secondly, compares SSE50 ETF with SPDR and EFUND SSE50 INDEX FUND to evaluate its effect, in this part, Paper also mentions some hot issue about SSE50 ETF and some advices, and talks more about one of those advices: develop some kind of actively managed ETFs. |
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