FOF 多元配置显优势，八成产品年内正收益

Group 1 - The core viewpoint of the articles highlights the increasing preference of investors for diversified asset allocation to seek relative certainty and mitigate risks, with over 80% of FOF products achieving positive returns as of May 16, 2025 [1][3] - The unique advantage of FOF is its diversified allocation strategy, which includes a selection of actively managed funds, passive index funds, QDII funds, and alternative funds, enhancing the diversity of income sources [1] - In the first quarter, FOF fund managers actively utilized their allocation advantages by investing in equity ETFs, increasing exposure to Hong Kong and overseas markets, and positioning in popular sectors such as gold, technology, and pharmaceuticals [1] Group 2 - According to CITIC Securities, two major trends in FOF asset allocation are emerging: diversification, with a significant increase in the proportion of commodity funds, QDII funds, and mutual recognition funds; and passive investment, with a growing reliance on index funds to lower investment costs and improve efficiency [1] - The FOF product managed by GF Fund's asset allocation department exemplifies the characteristics of diversification and passive investment, holding a variety of ETFs and maintaining a low concentration with no single fund exceeding 4% of the total [3] - As the advantages of FOF allocation become more prominent, FOF funds are gaining recognition from an increasing number of investors, with the total market size of public FOF products reaching 151.1 billion yuan, an increase of 17.9 billion yuan from the previous quarter, marking a new high in nearly a year [3]