平安基金产品研发部总经理谢娜：构建多层次含权产品体系 精准匹配投资者风险偏好

Core Viewpoint - Ping An Fund held its 2026 investment strategy meeting on January 7, showcasing its diverse investment product system designed to cater to various risk-return profiles of investors [1][2] Group 1: Investment Product System - The investment product system is categorized into three main segments: "Fixed Income +", Active Equity, and ETFs, aimed at providing a one-stop asset allocation solution for investors [1] - In the "Fixed Income +" sector, Ping An Fund demonstrates refined management capabilities, with products segmented into four tiers based on target returns and drawdown control: low volatility, medium-low volatility, medium volatility, and high volatility [1] - For example, the low volatility product, Ping An Tianli, has a maximum drawdown of -1.6% over the past year, while the high volatility product, Ping An Ruishang, has a drawdown of -4.39% but achieved an annual return of nearly 11% [1] Group 2: Innovative Product Offerings - Ping An Fund has launched an innovative "FOF Fixed Income +" product, utilizing a fund-of-funds model to further diversify risks and expand asset allocation to global stocks, bonds, and commodities [2] - The company plans to introduce a "Tool-type Fixed Income +" product in 2026, managed collaboratively by equity and fixed income departments, focusing on four clear sectors: dividends, technology, cycles, and quantitative strategies [2] Group 3: Active Equity and ETF Strategies - In the active equity space, Ping An Fund has established a three-tier directory system encompassing stock selection, thematic sectors, index enhancement, and absolute returns, actively seizing market opportunities [2] - The company has partnered with Ping An Asset Management (Hong Kong) to launch a product line covering dividends, technology, pharmaceuticals, and growth strategies, leveraging the valuation gap and high dividend yield advantages in the Hong Kong market [2] - In the ETF sector, Ping An Fund has demonstrated strong innovation, with a product line that includes broad-based, industry-themed, bond, strategy, overseas index, and index enhancement categories, setting multiple records for being the first in various product types [2]