4000点附近攻守道：左手双创宽基，右手红利ETF

Core Viewpoint - After the National Day holiday, the A-share market experienced significant fluctuations around the 4000-point mark, leading to challenges for investors who frequently chase trends [1] Group 1: Market Performance - On October 9, the Shanghai Composite Index closed with a strong upward trend, while the ChiNext and STAR Market indices showed long upper shadows, indicating that many funds were reducing positions at high points [1] - From October 10 to November 12, the STAR 50 Index fell by 10.37%, the ChiNext 50 Index decreased by 4.22%, while the Dividend Index rose by 7.99% [9] - The Shanghai Composite Index fluctuated between a low of 3800 points and a high above 4000 points during this period [6] Group 2: Investment Strategy - Investor "Old Wang" anticipated a likely pullback in the dual innovation indices and decided to adjust his positions to mitigate risks, opting not to fully liquidate his holdings in dual innovation stocks [3] - Old Wang reallocated his investments into a mix of 25% STAR 50 ETF, 20% ChiNext 50 ETF, 45% Dividend ETF, and 10% cash reserves [3][4] - This balanced allocation helped Old Wang hedge against the pullback in the dual innovation indices, as his ETF investments mirrored the performance of the underlying indices [9] Group 3: Fund Performance - Historical data indicates that in similar market conditions, the average adjustment period for A-share main lines is about 20 trading days with an average decline of 18% [15] - The top 10 open-end funds by performance this year showed that 9 out of 10 continued to rise in the past month, with the highest increase being 11.30% [15]