华商基金：把握行情机遇 核心资产配置正当时

Core Viewpoint - The Chinese stock market is experiencing a positive upward trend due to multiple favorable factors, leading to a significant increase in investor demand for quality core assets [1][2] Fund Overview - Huashang Fund has launched the Huashang CSI 300 Index Enhanced Fund (Class A: 024313 / Class C: 024314) to help investors seize core asset allocation opportunities through a dual strategy of core asset beta and active alpha [1] - The fund will end its fundraising period on August 15 [1][2] Index Characteristics - The Huashang CSI 300 Index, which the fund is anchored to, includes 300 leading companies with high market capitalization and liquidity from the Shanghai and Shenzhen stock exchanges, primarily in the financial, industrial, and information technology sectors [1] - This index reflects a diversified combination of cyclical, defensive, and growth characteristics, allowing investors to capture both traditional industry valuation recovery opportunities and emerging industry development dividends [1] Investment Strategy - The fund integrates Huashang Fund's deep expertise in active management with advanced quantitative investment techniques, aiming for dual return potential of "index β + quantitative α" [1] - Historical data indicates that mainstream index-enhanced products, including the CSI 300 Index, typically achieve annualized excess returns in the range of 3% to 8%, with a median volatility lower than corresponding ETFs, providing a better risk-reward ratio for investors in volatile markets [1][2] Management Team - The fund will be managed by two core members of Huashang Fund's quantitative investment team: Dr. Deng Mo and Dr. Ai Dingfei, both of whom have extensive experience in the securities industry [2][3] - Dr. Deng Mo has over 14 years of experience in the investment research field, while Dr. Ai Dingfei has nearly 11 years of experience, including a background at Goldman Sachs [2][3] Market Context - The investment value of China's core assets is increasingly prominent, and the quantitative enhancement strategy for the CSI 300 Index allows investors to benefit from China's economic transformation and strive for excess returns through active management [2]