均衡配置穿越周期波动 多只绩优基金连续8年战胜指数

Core Insights - The A-share market has been steadily rising since October, driven by liquidity and policy, but the volatility has increased, making it crucial for investors to identify opportunities between offense and defense [1] - Utilizing balanced-style public funds for allocation is considered an effective method for participating in equity investments [1] Fund Performance - Only four actively managed equity funds have outperformed the CSI Taibao Active Balanced Equity Fund Index for eight consecutive years from early 2018 to September 30 this year, with GF Multi-Factor being one of them, achieving a net value growth rate of 393.05% and an annualized return of 22.84% [1][2] - GF Multi-Factor is managed by Yang Dong and Tang Xiaobin, who combine top-down allocation with bottom-up stock selection [2] Investment Strategy - The investment style of GF Multi-Factor is balanced, with long-term allocations across three types of industries: undervalued stable growth sectors like non-bank financials and banks, growth sectors such as electronics, computers, and pharmaceuticals, and cyclical sectors like chemicals and real estate [2] - The top ten holdings of GF Multi-Factor have historically accounted for less than 55% of the fund's net value, indicating a focus on diversification [3] Market Adaptability - The diversified allocation strategy helps the fund keep pace with market changes and increases the probability of investment success, providing a sustainable profit space [3] - GF Multi-Factor's long-term stable performance and clear investment logic offer a quality allocation choice for investors, serving as a practical example for achieving long-term success in a frequently changing market [3]