GF CSI Media Index ETF (512980) Falls Nearly 4% in Early Trading; Institutions: Current Media Sector Rally Still Intact

NewTimeSpace News: As of 10:15 on March 2, 2026, Media ETF (512980) fell 3.86%, with the latest price at 1.12 yuan.In terms of scale, Media ETF's assets under management grew by 7.323 billion yuan over the past three months, achieving significant growth, with the new scale ranking 1st out of 2 comparable funds.In terms of shares, Media ETF's share count increased by 5.792 billion shares over the past three months, achieving significant growth, with the new shares ranking 1st out of 2 comparable funds.

NewTimeSpace News: As of 10:15 on March 2, 2026, Media ETF (512980) fell 3.86%, with the latest price at 1.12 yuan. Looking at a longer time frame, as of February 27, 2026, Media ETF has cumulatively increased 16.60% over the past three months, ranking 1st out of 2 comparable funds in terms of gains. (The stocks listed above are index constituents only, with no specific recommendation intended.)

In terms of liquidity, Media ETF recorded an intraday turnover rate of 3.09%, with trading volume reaching 306 million yuan. Looking at a longer time frame, as of February 27, the ETF's average daily trading volume over the past month was 953 million yuan. (Data source: Wind)

In terms of scale, Media ETF's assets under management grew by 7.323 billion yuan over the past three months, achieving significant growth, with the new scale ranking 1st out of 2 comparable funds. (Data source: Wind)

In terms of shares, Media ETF's share count increased by 5.792 billion shares over the past three months, achieving significant growth, with the new shares ranking 1st out of 2 comparable funds. (Data source: Wind)

Data shows that leveraged funds continue to build positions. Media ETF's latest margin purchase amount reached 24.1656 million yuan, with the latest margin balance at 239 million yuan. (Data source: Wind)

As of February 27, Media ETF's net value has risen 37.43% over the past year. In terms of return capability, as of February 27, 2026, since its inception, Media ETF's highest monthly return was 26.55%, the longest consecutive rising period was 6 months, the longest consecutive rising gain was 87.46%, the average return rate during rising months was 6.66%, and the annual profit percentage was 62.50%. As of February 27, 2026, Media ETF's annualized excess return over the benchmark since inception was 1.78%.

As of February 27, 2026, Media ETF's Sharpe ratio over the past year was 1.10.

In terms of drawdown, as of February 27, 2026, Media ETF's relative benchmark drawdown year-to-date was 0.12%, representing the smallest drawdown among comparable funds.

In terms of fees, Media ETF has a management fee of 0.50% and a custody fee of 0.10%, representing the lowest fee structure among comparable funds.

In terms of tracking accuracy, as of February 27, 2026, Media ETF's tracking error over the past month was 0.012%, demonstrating the highest tracking precision among comparable funds.

Media ETF closely tracks the CSI Media Index. The CSI Media Index selects 50 listed company securities with larger total market capitalization from industries including marketing and advertising, culture and entertainment, and digital media as index samples to reflect the overall performance of representative listed company securities in the media sector.

Huaxin Securities stated that the media sector experienced a slight pullback after the start of the year in late February 2026. We believe the current media sector rally remains intact, and new AIGC narratives are still promising. Attention can be paid to the AIGC sector (following Seedance 2.0, which pushes up content supply; after content enters "inflation," the value of quality content is expected to rise, thereby driving the attention economy, etc.).

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