全国社保基金高收益率背后的“投资大智慧”

Core Insights - The National Social Security Fund (NSSF) achieved an investment income of 218.418 billion yuan with an investment return rate of 8.10% for the year, and a cumulative investment income of 1,900.998 billion yuan since its establishment [1][2][3] - The NSSF's investment strategy emphasizes long-term, value, and responsible investing, aligning with China's economic growth and national strategies [1][2] Investment Performance - The NSSF's average annual investment return since inception stands at 7.39%, reflecting a strong performance in the context of China's resilient economy [1][3] - The fund's asset allocation is heavily focused on domestic investments, with 86.82% of assets allocated to domestic markets by the end of 2024, creating a positive feedback loop between economic growth and fund appreciation [1][2] Policy Environment - Recent policy improvements, including the "National Nine Articles" and guidelines for promoting long-term capital market participation, have facilitated a more predictable and transparent market environment for the NSSF [2] - These policies support the NSSF's focus on long-term investments and value discovery, enhancing its operational framework [2] Strategic Alignment - The NSSF's investment decisions are closely aligned with national strategies, focusing on sectors such as renewable energy and rural revitalization, which are expected to yield stable long-term returns [2] - The fund's approach to investment not only captures policy-driven opportunities but also aims to achieve a balance between economic benefits and social value [2] Investment Operations - The NSSF employs a professional investment operation strategy, leveraging its long-term capital advantages to navigate market volatility effectively [3] - The fund's investment philosophy resonates with other long-term capital market participants, reinforcing stability in the capital market and supporting sustainable economic growth [3] Conclusion - The NSSF's investment success underscores the importance of synchronizing with China's economic trajectory and maintaining a commitment to value investing for sustained returns [3]