Industry-themed funds experienced a huge explosion in scale, which is related to the current structural market trends.

Driven by the segmented demands of investors, industry-themed products are becoming the main driving force of growth for public funds. As the public fund industry gradually enters the era of toolization, products with distinct styles and specific industry scenarios, in the context of scale competition, have become the key focus of product marketing layout. In the third quarter of this year, while the market share of broad-based products generally decreased, many industry-themed funds easily achieved significant increases in market share. Industry insiders believe that the significant growth in the scale of industry-themed ETFs is largely related to the current structural market situation, amid a slight redemption of total fund shares. With the significant uneven distribution of market opportunities in the stock market, active capital is closely following a few high-growth tracks, while the attractiveness of broad-based ETF products is weakened in thematic rotations due to their lack of industry attributes.