银行+小微盘，发现一个近一年收益+49%的组合！

Core Viewpoint - The market has shown resilience despite challenges, with significant performance from major banks and small-cap stocks, suggesting a strategic investment approach combining stability and growth potential [3][5][7]. Group 1: Bank Stocks as a Stable Foundation - Bank stocks have proven to be the most stable asset class this year, with the Bank AH Preferred ETF (517900) consistently reaching new historical highs [5]. - The low interest rate environment, with one-year deposit rates entering the "0" era, has made bank stocks attractive due to their dividend yields of 4%-6%, with the Bank AH Index yielding around 6.5% [6]. - Long-term funds, such as insurance and social security, have shown significant interest in bank stocks, with insurance capital making 10 purchases of bank stocks this year and southbound funds net buying over 200 billion in bank stocks in the past year [6]. Group 2: Small-Cap Stocks as Growth Drivers - Small-cap stocks are sensitive to funding and tend to rebound quickly when market sentiment improves, making them effective growth instruments in a low-interest and liquidity-friendly environment [7]. - Government policies are favorable towards small-cap stocks, encouraging technological mergers and acquisitions and supporting innovation in small and medium enterprises [7]. Group 3: Combined Strategy of Banks and Small-Cap Stocks - The combination of bank stocks as a foundation and small-cap stocks for growth captures the benefits of both asset classes, with banks benefiting from high dividend asset revaluation and small-caps benefiting from declining interest rates and policy support [8]. - This strategy has demonstrated strong performance, significantly outperforming the market, with a combination return exceeding 49% and a maximum drawdown of only about 13% [3][8]. Group 4: Advantages of the Selected ETFs - The Bank AH Preferred ETF (517900) uniquely packages high-quality bank stocks from both A and H markets, utilizing a rotation strategy to capture excess returns from valuation differences [9]. - Historical performance shows that since its inception, the Bank AH Total Return Index has increased by 89.81%, outperforming the China Securities Bank Total Return Index, which rose by 62.94% [9]. - The 1000 ETF Enhanced (159680) and the China Securities 2000 Enhanced ETF (159552) have also shown strong performance, with the latter gaining approximately 22.1% this year, significantly outperforming both the CSI 300 and the CSI 2000 Index [9].