盈米小帮投顾团队-第14次信号发车

Market Overview - The market experienced a brief fluctuation last week, with some assets showing slight corrections after a strong prior performance, indicating a technical adjustment at high levels [1] - Overall, global markets maintain good resilience, with notable structural differentiation; gold and US stocks continue to lead, while bonds face slight pressure, and dividend sectors along with some emerging markets see minor declines [1] September Market Review - In September, the global market continued its strong performance, with most indices rising, except for the dividend sector, Germany, and Vietnam, which saw slight declines [2] - Gold was the standout performer, surging approximately 11% for the month, while Chinese bonds weakened, dropping about 0.6% [2] Investment Strategies Rui Ding Global Version - The Rui Ding Global Version portfolio achieved a monthly return of 4.41% in September, with a cumulative return of 15.98% year-to-date as of the end of September [5] - This portfolio has consistently delivered positive returns over the past three years, with an average annual return exceeding 10%, ranking in the top 9% among similar public funds [5] Lazy Balanced Portfolio - The Lazy Balanced Portfolio, which increases the proportion of bonds and cash to reduce volatility, recorded a monthly return of 2.84% in September, with an annual target return of 5.13% for 2024 [8] - Despite slightly lower returns compared to the Rui Ding Global Version, it exhibited significantly lower volatility, making it suitable for risk-averse investors [8] Performance Metrics - The Rui Ding Global Version has a maximum drawdown of -35.21% and an annualized volatility of 18.23%, with a Sharpe ratio of 0.77 [10] - The Lazy Balanced Portfolio has a maximum drawdown of -27.45% and an annualized volatility of 11.01%, with a Sharpe ratio of 0.02 [12] Market Sentiment - Recent US-China trade tensions are viewed as a temporary shock rather than a trend reversal, with expectations for supportive measures from the upcoming "Fourteenth Five-Year Plan" [11] - The overall market resilience remains strong, with potential for short-term adjustments due to geopolitical factors, but opportunities for strategic accumulation are anticipated [11]