【公募基金】海内外权益市场近短期前高，分歧阻力或带来逢低布局机会——公募基金量化遴选类策略指数跟踪周报（2025.05.18）

Key Points - The article discusses the positive impact of the recent US-China trade talks on both domestic and overseas equity markets, highlighting a stronger market sentiment due to unexpected tariff reductions [2][4] - A-shares are facing resistance near the 3400-point mark, with increased market divergence and concerns about the impact of tariffs on fundamentals [2][3] - The article emphasizes a shift in investment strategies, recommending a focus on low-volatility and enhanced equity strategies in the A-share market, while also considering the potential for higher returns in overseas markets due to easing tariff tensions [3][4] Investment Strategy Summary - Quantitative Strategy Allocation: The recommended allocation is to prioritize equity enhancement strategies, followed by low-volatility strategies, and then overseas equity strategies [3] - A-share Market Outlook: Following the initial impacts of US tariffs, the market is recovering, but short-term adjustments may present good entry opportunities. The recent regulatory changes are expected to positively influence the market [3][4] - Overseas Market Opportunities: The easing of US tariffs and ongoing trade negotiations are seen as potential catalysts for investment, although short-term uncertainties remain. Investors are advised to consider gradual positioning in overseas markets [4][6] Fund Performance Overview - Low-Volatility Fund Strategy: This strategy recorded a weekly return of 0.405%, with a cumulative return of 8.561% since the beginning of the year, demonstrating strong stability [5][9] - Enhanced Equity Fund Strategy: Achieved a weekly return of 0.520%, with a year-to-date return of 9.425%, indicating higher elasticity in a volatile market [5][9] - Cash Management Fund Strategy: This strategy yielded a weekly return of 0.030%, outperforming the benchmark, with a cumulative excess return of 0.403% since its inception [5][9] Fund Strategy Insights - Low-Volatility Fund Composition: The strategy focuses on funds with a history of low volatility and drawdown, aiming to provide stable returns in uncertain market conditions [10][21] - Enhanced Equity Fund Composition: This strategy seeks to identify funds with strong alpha generation capabilities, particularly in a rapidly changing market environment [12][22] - Cash Management Fund Composition: The strategy emphasizes selecting high-yield money market funds while minimizing risk exposure, ensuring better cash management for investors [14][23] - Overseas Equity Fund Composition: The strategy aims to capitalize on global market trends, particularly in technology sectors, to enhance overall portfolio returns [17][24]