主动量化策略周报：年度收官，四大主动量化组合本年均战胜主动股基中位数-20260103

Core Insights - The report highlights that the four active quantitative strategies have outperformed the median of actively managed equity funds this year, with notable absolute returns and relative performance against benchmarks [1][13][14]. Performance Overview - The Excellent Fund Performance Enhancement Portfolio achieved an absolute return of 31.88% this year, ranking in the 47.33 percentile among 3,469 active equity funds [1][24]. - The Exceeding Expectations Selected Portfolio recorded an absolute return of 42.21% this year, placing it in the 30.33 percentile [1][32]. - The Broker's Golden Stock Performance Enhancement Portfolio had an absolute return of 40.66%, ranking in the 32.60 percentile [1][41]. - The Growth and Stability Portfolio achieved an impressive absolute return of 55.66%, ranking in the 14.93 percentile [1][45]. Strategy Summaries - The Excellent Fund Performance Enhancement Portfolio is constructed by benchmarking against actively managed equity funds, utilizing quantitative methods to enhance performance based on the holdings of top-performing funds [3][19]. - The Exceeding Expectations Selected Portfolio focuses on stocks that have exceeded expectations, selecting based on fundamental and technical criteria to build a robust stock selection [4][56]. - The Broker's Golden Stock Performance Enhancement Portfolio is based on a selection of stocks from the broker's top picks, optimized to maintain alignment with the performance of the underlying stock pool [5][61]. - The Growth and Stability Portfolio employs a two-dimensional evaluation system for growth stocks, prioritizing those with upcoming earnings announcements to capture potential excess returns [6][66].