Rongtong CSI Chengtong SOE ESG ETF Connect Initial Offering of 960 million Yuan, setting a new record for the first issuance scale of similar products in China.

According to the announcement of Rongtong Fund today, the Rongtong CSI Sincerity State-owned Enterprise ESG ETF Feeder Fund was established on August 26th with a size of 960 million yuan, making it the largest off-site ESG theme index product ever launched in the domestic public fund industry. In addition to this product, there are 17 ESG theme ETFs and feeder funds in the market, with a total size of 1.208 billion yuan. As of August 26th, these products have an average return of 14.17% year-to-date, with the highest return at 31.78%.