**China Securities A50 ETF ICBC to Launch First Dividend of the Year! Institutions Believe A-Shares Still Expected to Continue Positive Momentum in the Medium to Long Term**

How does the quarterly dividend evaluation mechanism ensure investor returns?

The latest announcement shows that the China Securities A50 ETF ICBC (561230) will distribute its first dividend for 2026 on March 26, 2026. This is also the ninth dividend since the fund’s inception. The dividend record date is March 20, 2026, with a dividend plan of 0.066 yuan per 10 fund units. The fund’s distributable profit as of the base date amounts to 169 million yuan.

Wind data indicates that the China Securities A50 ETF ICBC has paid dividends every quarter since its establishment in March 2024, ranking among the top in the initial batch of China Securities A50 ETFs for total dividend payments. The consistent quarterly dividends of the China Securities A50 ETF ICBC (561230) are made possible by the “Quarterly Dividend Evaluation” mechanism. Fund managers evaluate the fund’s cumulative return and the target index’s cumulative return during the same period each quarter. When the conditions for dividend distribution are met, the fund can allocate earnings.

The China Securities A50 ETF ICBC (561230) closely tracks the CSI 50 Index, which selects the 50 largest market capitalization securities from leading companies across various industries to reflect the overall performance of representative leading companies in each sector.

Wind data as of March 17, 2026, shows that the top ten holdings of the CSI 50 Index (930050) are Kweichow Moutai, CATL, Ping An Insurance, Zijin Mining, Zhongji Xuchuang, China Merchants Bank, Midea Group, China Yangtze Power, CITIC Securities, and Luxshare Precision. These top ten stocks account for a total of 53.64% of the index. (Note: The listed stocks are only index components and are not recommendations for individual stocks.)

On the policy front, the 2026 Government Work Report emphasizes maintaining domestic demand as the main driver, cultivating and expanding new growth drivers, and promoting high-level technological self-reliance and self-improvement. The release of the “14th Five-Year Plan” outline is expected to provide a long-term clear investment direction for the capital market and may encourage funds to focus on high-quality sectors aligned with national strategies.

Huaxi Securities states that the evolution from “guiding” to “improving mechanisms” for medium- and long-term capital market entry indicates its importance as a stabilizing mechanism. In the medium to long term, continuously nurturing patient, long-term, and strategic capital is expected to further enhance the market’s internal stability and vitality.

Guoxin Securities believes that as uncertainties are gradually absorbed and market sentiment stabilizes, the focus of the A-share market will shift back to domestic fundamentals recovery and policy implementation pace. Coupled with the current decline in risk-free rates and ongoing deepening of market reforms, the A-share market is expected to continue its upward trend in the medium to long term.

As an efficient asset allocation tool tracking the CSI 50 Index, the China Securities A50 ETF ICBC (561230) and its off-exchange connect funds (Class A: 021231; Class C: 021232; Class Y: 022975) have management fees and custodial fees of 0.15% and 0.05%, respectively, which are relatively low in the market, helping investors efficiently allocate across leading sectors with a single click.

Fund fee disclosures:

1. The trading fees for the China Securities A50 ETF ICBC on the exchange are subject to the actual charges by securities firms. Purchase fee: When investors subscribe for fund units, the authorized broker may charge a commission not exceeding 0.5%, including related fees from stock exchanges and registrars. Redemption fee: When investors redeem fund units, the broker may charge a commission not exceeding 0.5%, including related fees from stock exchanges and registrars. The annual management fee is 0.15%, and the annual custodial fee is 0.05%.

2. The fees for ICBC China Securities A50 ETF Connect are as follows: For Class A and Y shares, the purchase fee rate depends on the purchase amount M: when M < 1 million yuan, the fee is 1.0%; for 1 million yuan ≤ M < 3 million yuan, the fee is 0.8%; for 3 million yuan ≤ M < 5 million yuan, the fee is 0.6%; and for M ≥ 5 million yuan, the fee is 1,000 yuan per transaction. Class C shares do not charge a purchase fee. Redemption fees for Class A, C, and Y shares depend on the holding period Y: if Y < 7 days, the fee is 1.5%; if Y ≥ 7 days, there is no redemption fee. The management fee is 0.15% annually, the custodial fee is 0.05% annually, and the service fee for Class C shares is 0.25%. Class A and Y shares do not charge service fees; Class C shares do not charge a purchase fee.

Risk warning: Dividend evaluation does not constitute a profit distribution commitment, and the fund manager does not guarantee dividends every quarter. The fund manager manages and uses the fund’s assets in good faith, with diligence and prudence, but does not guarantee profits or minimum returns. The China Securities A50 ETF ICBC is a stock fund with higher risk and return than hybrid, bond, or money market funds; as an index fund employing a full replication strategy, it tracks the performance of its underlying index and has similar risk-return characteristics to the index and the stock market it represents. The ICBC China Securities A50 ETF Connect primarily invests in the ICBC CSI 50 ETF, which is a stock fund, so its long-term average risk and expected returns are higher than hybrid, bond, and money market funds. As an ETF connect fund, it tracks the performance of the target ETF, sharing similar risk-return features with the underlying index and the securities market it represents. Investing in ETFs involves risks such as index volatility, deviation of fund portfolio returns from the index, tracking error, and performance differences from the target ETF. Equity fund investments carry significant volatility risk. Past index data does not predict future performance and does not guarantee fund performance. Funds are risky; investors should carefully read the “Fund Contract,” “Prospectus,” “Fund Product Summary,” and other legal documents, fully understand the product, fee structure, and charges across sales channels, and consider their risk tolerance before investing.