Wind data show that as of June 16 Guotai Fund's ETF assets under management
totaled 342.27 bln yuan, ranking third in the industry behind E Fund and Huaxia
Fund. Year-to-date ETF AUM rose by 55.83 bln yuan, the largest increase across
the market. Guotai's telecom ETF and semiconductor equipment ETF contributed
33.07 bln yuan and 15.27 bln yuan of the inflows, respectively; its power-grid
equipment and gold ETFs each added more than 6 bln yuan.
