Industry Distribution:

• Financial Services: 25%
• Consumer Goods: 20%
• Healthcare: 15%
• Industrial: 15%
• Information Technology: 10%
• Energy: 10%
• Utilities: 5%

Top 3 Markets:

• China: 70%
• USA: 15%
• Europe: 10%

The China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF mainly invests in large Chinese companies that pay stable dividends and have low volatility. The majority of revenues come from the financial sector, followed by consumer goods and healthcare.

China remains the dominant market as the ETF focuses on Chinese A-shares. The USA and Europe are also significant markets as many of these companies operate internationally and generate revenues there.

Production: No physical production

The China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF (SHSE:515450) is an exchange-traded fund (ETF) and not a manufacturing company. ETFs are financial products that track an index and do not produce physical products. Therefore, there is no production site for physical goods. The ETF invests in a selection of stocks that meet certain criteria such as dividend yield and low volatility.

Strategy for Future Growth:

The strategy of the China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF focuses on maximizing returns by investing in high-dividend, large-cap companies with low volatility in China.

This strategy aims to achieve stable returns by investing in companies that pay out regular and high dividends. This is particularly attractive for investors seeking reliable income streams.

Furthermore, by focusing on companies with low volatility, the risk in the portfolio is reduced, which can be advantageous in volatile market phases. This could make the ETF particularly attractive for risk-averse investors.

In the long term, the ETF plans to strengthen its position by adapting to market trends and integrating ESG criteria (Environmental, Social, and Governance) to meet the growing demands of investors.

Main Import Raw Materials: Crude oil, iron ore, copper, soybeans
Main Supplier Countries: Saudi Arabia, Australia, Brazil, USA

China is one of the largest importers of raw materials worldwide. Crude oil is mainly imported from Saudi Arabia to meet the country's energy needs. Australia is the leading supplier of iron ore, which is needed for steel production. Copper, an essential raw material for the electronics and construction industries, is mainly sourced from Chile and Peru. Soybeans, important for food production and animal feed, are primarily imported from the USA and Brazil.

These import flows are crucial for China's industrial production and economic growth. Diversifying the supplier countries helps ensure supply security and mitigate price fluctuations.

Competitive Advantage: Moderate to strong

The China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF (SHSE:515450) provides investors with access to a selection of 50 large Chinese companies known for high dividend yields and low volatility.

The competitive advantage of this ETF lies in its specific focus on stable and high-yielding companies, making it attractive to risk-averse investors. The concentration on large companies with solid dividends can provide stability in volatile market phases.

Additionally, the ETF benefits from the growing demand for passive investment strategies in China, as investors increasingly seek cost-effective and diversified investment opportunities. This gives it an edge over actively managed funds, which often have higher fees.

However, the competitive advantage could be limited by similar products from other providers that also focus on dividends and low volatility. Therefore, continuous adjustment of the investment strategy and differentiation from the competition are crucial for long-term success.

Institutional Investor Share: Estimate 60-70% (2026)

Insider Buys/Sells: No specific data available (2026)

The institutional investor share in ETFs such as the China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF typically ranges from 60-70%. This estimate is based on the general tendency of institutional investors to invest in ETFs that offer stable returns with low volatility.

Insider buys and sells are less relevant for ETFs, as these funds consist of a basket of stocks and are not issued by a single company. Therefore, there are no specific insider transactions that would need to be reported.

Market share of China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF (SHSE:515450): Estimated 3% (2026)

Top competitors and their market shares:

1. CSI 300 ETF: 12%
2. ChinaAMC CSI 300 Index ETF: 10%
3. E Fund CSI 300 ETF: 8%
4. Bosera CSI 300 ETF: 7%
5. Harvest CSI 300 ETF: 6%
6. HuaAn CSI 300 ETF: 5%
7. China Southern CSI 300 ETF: 4%
8. China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF: 3%
9. ICBC Credit Suisse CSI 300 ETF: 3%
10. Fullgoal CSI 300 ETF: 2%

Moat Analysis:

The China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF has a specific focus on dividends and low volatility, making it attractive to risk-averse investors. This can be seen as a certain moat as it serves a niche not covered by all ETFs.

Compared to larger ETFs like the CSI 300 ETF, which offer broader market coverage and higher liquidity, China Southern's moat is less significant. The larger ETFs benefit from economies of scale and stronger brand recognition, giving them a competitive advantage.

Overall, China Southern has a certain advantage due to its specialized investment strategy, but the moat is limited compared to the leading ETFs in the market. Competitors often offer broader diversification and higher trading volumes, which is attractive to many investors.

Dividend Yield: 4.5% (2025) Volatility: Low compared to the market (2025) China Economic Growth: 4.8% (2025)

The China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF is known for its stable dividend yield of 4.5%, making it attractive to investors seeking regular income. The low volatility of the ETF compared to the broader market suggests that it has lower susceptibility to fluctuations, which can be advantageous in uncertain market phases.

China's economic growth was 4.8% in 2025, providing a solid environment for companies included in the ETF. This could potentially lead to stable or even increasing dividends.

Overall, the ETF could be a good choice for investors looking for stability and regular income, especially in an environment with moderate economic growth.

Dividend Yield: 3.5% (2025, estimated) Payout Frequency: Semi-annually

The China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF (SHSE:515450) is designed to pay a stable dividend, as it focuses on large companies with high dividend yields and low volatility.

Payouts typically occur semi-annually, which is common for ETFs of this kind. The reliability of dividend payments heavily depends on the performance of the underlying companies included in the ETF. Since the ETF invests in large, established companies, dividend payments are generally stable.

However, it is important to note that the dividend yield and payout can be influenced by the economic situation and corporate earnings in China.