3500点之后何去何从？

Core Insights - The article emphasizes the importance of asset allocation in navigating market volatility and achieving long-term investment success [1][2] Group 1: Market Trends and Asset Performance - Over the past five years, various asset classes have experienced different levels of volatility, influenced by economic cycles [2] - The performance of major asset classes from 2020 to 2024 shows significant fluctuations, with Chinese stocks returning 18.61% in 2024, while global stocks returned 17.45% [4] - Gold has shown strong performance with a return of 29.29% in 2024, contrasting with oil, which had a return of -1.42% [4] Group 2: Asset Correlation and Risk Management - Assets exhibit varying degrees of correlation, with the China Bond Index often negatively correlated with A-shares and Hong Kong stocks, suggesting that low or negatively correlated assets can effectively hedge market risks [4][5] - The article suggests that a "fixed income enhancement" strategy can simplify asset allocation by using bonds as a stable foundation while selectively adding equity assets to capture market upside [6] Group 3: Fund Performance and Strategy - The "Guofu Anyi Stable 6-Month Holding Mixed Fund" has outperformed its peers in both returns and risk management, achieving a return of 6.16% over the past year compared to the peer average of 5.87% [8] - The fund's maximum drawdown was -1.10%, significantly lower than the peer average of -3.61%, indicating better risk control [8] - The fund manager's strategy focuses on dividend and stable growth stocks, including allocations to Hong Kong stocks to enhance adaptability to market fluctuations [7][8]