农行中行等热推红利策略产品，苏银理财年终奖产品收益下滑

Core Viewpoint - The performance of dividend assets has surged in the first half of this year, particularly in bank stocks, which have reached historical highs, leading to increased attention on dividend strategies [1][3]. Group 1: Market Trends - In a low-interest-rate environment, various investment assets are yielding lower returns, prompting insurance funds to favor high-dividend assets [2]. - The banking sector has seen an 18.68% increase in its index year-to-date, contributing significantly to the Shanghai Composite Index surpassing 3500 points [3]. - Banks like Agricultural Bank of China and Bank of China are actively promoting dividend strategy products through their apps [3]. Group 2: Product Evaluation - The "Agricultural Bank's Craftsmanship · Flexible 360-Day Wealth Management Product (Dividend Preferred)" has a maximum drawdown of 0.05% since inception, indicating low volatility [3][4]. - The product has an annualized return of 4.6% over the past month, but its annualized return since inception is only 3.14%, ranking it below 29.61% of similar products [3][10]. - The product's comprehensive score is 51, outperforming 51.94% of similar products, with specific scores in various categories such as risk control and fee structure [4][10]. Group 3: Investment Strategy - The product employs a dividend strategy, investing primarily in fixed-income assets while allocating no more than 20% to dividend assets, which include dividend index funds and high-dividend stocks [7][12]. - This strategy is considered defensive, providing a "safety net" through dividend income, although it may underperform during market rallies [12]. - The product is designed for long-term investment, requiring a minimum holding period of 360 days, making it suitable for funds that are not needed in the short term [12][13].