轮动牛行情涌动，量化如何“智能扫货”？

Core Viewpoint - The article discusses the challenges retail investors face in a rapidly rotating market and highlights the potential benefits of using quantitative funds to navigate these conditions [1][2]. Group 1: Market Challenges - Retail investors often fall into the trap of chasing trends, leading to poor timing and missed opportunities [2]. - A lack of thorough research results in investors following trends without understanding, making it difficult to hold positions during market rotations [2]. - High volatility and a tendency to go "all in" without proper asset allocation contribute to significant losses [2]. Group 2: Quantitative Funds Performance - As of August 14, public quantitative funds have an average net value increase of 15.24% this year, outperforming benchmarks by 6.28% [5]. - The total scale of public quantitative funds reached 312.1 billion, reflecting a 5.8% increase since the end of 2024, while private quantitative funds totaled approximately 1.49 trillion, up 6.0% [5]. Group 3: Future Outlook - Institutions like CITIC Securities predict that macroeconomic factors will stabilize, allowing quantitative stock strategies to continue performing well in the second half of the year [6]. - Huabao Securities suggests that despite short-term resistance, the market is likely to maintain an upward trend, with significant rotation among sectors [6]. Group 4: Investment Strategy - A recommended strategy is to adopt a "passive approach" using broad-based quantitative funds, such as those tracking the CSI All Share Index, which covers a wide range of industries [7]. - The Hongde Smart Selection Fund, which employs AI stock selection strategies, has shown a net value increase of 20.36% this year, outperforming the CSI All Share Index by 8.02% [8]. - Hongde Fund has developed a comprehensive quantitative family of products, utilizing multi-factor and AI models to optimize risk and return [8].