4点几星级，如何投资波动更小？

Core Viewpoint - The article discusses three methods to control market volatility risk: dollar-cost averaging, diversification, and position control [2][11]. Group 1: Methods to Control Volatility Risk - Method 1: Dollar-Cost Averaging Persisting with dollar-cost averaging during periods of unrealized losses helps to lower the average cost of holdings, allowing for profitability without needing the market to return to previous levels [2]. - Method 2: Diversification Different types of stock assets exhibit varying levels of volatility risk, with individual stocks being the most volatile, followed by sectors, broad indices, and fund combinations. A diversified portfolio can mitigate risk by investing in a basket of undervalued funds [2][11]. - Method 3: Position Control The article presents a table showing the relationship between stock-bond ratios, maximum drawdown, and annualized returns. Higher stock ratios generally lead to higher long-term returns but also increase volatility risk [3][11]. Group 2: Monthly Treasure Combination - Composition of Monthly Treasure The Monthly Treasure combination consists of 40% stock funds and 60% bond funds, designed to meet the needs of conservative investors [5][11]. - Stock Portion Characteristics The stock portion focuses on value styles, characterized by lower volatility in bear markets and higher dividend yields, providing stable income regardless of market fluctuations [6][11]. - Bond Portion Characteristics The bond portion primarily invests in short- to medium-term bonds, which are less affected by interest rate changes. The current yield for 10-year government bonds is around 1.7%-1.8%, indicating lower attractiveness for long-term pure bonds [6][11]. Group 3: Rebalancing Strategy - Automatic Rebalancing The Monthly Treasure combination employs an automatic rebalancing strategy based on valuation, which facilitates "buy low, sell high" actions without requiring investor intervention [8][11]. - Recent Rebalancing Actions The article details two recent rebalancing actions, highlighting the strategy of selling outperforming assets and reallocating to underperforming ones to maintain the target asset allocation [9][11]. Group 4: Cash Flow Feature - Flexible Cash Flow Functionality The Monthly Treasure combination includes a feature for periodic cash flow distribution, which can be easily turned on or off based on the investor's needs, providing flexibility for long-term investment [10][11].