8.1%！社保基金2024年投资成绩单来了！

Core Insights - The National Social Security Fund achieved an impressive investment return of 218.42 billion yuan with an investment yield of 8.10% for 2024, maintaining a long-term average return of 7.39% since its establishment, with total cumulative investment returns exceeding 1.9 trillion yuan [1][2]. Investment Performance - The total assets of the National Social Security Fund reached 3.322 trillion yuan by the end of 2024, with total equity amounting to 2.9128 trillion yuan, indicating a dominant domestic investment strategy with a high proportion of entrusted investments [3]. - Direct investments accounted for 28.55% of total assets, while entrusted investments made up 71.45%, highlighting the reliance on professional management [4]. Asset Allocation - Domestic investments totaled 2.8846 trillion yuan, contributing significantly to fund returns, while overseas investments amounted to 437.83 billion yuan, reflecting an optimized international investment strategy [5]. - The fund realized a total return of 43.65 billion yuan in 2024, with a realized return rate of 1.64%, and fair value changes in trading assets contributed an additional 174.77 billion yuan, showcasing the fund's ability to capitalize on equity market opportunities [5]. Investment Strategy - The fund has developed a comprehensive asset allocation system, including strategic and tactical asset allocation, as well as asset rebalancing, to manage long-term investments effectively [7]. - The fund maintains a positive outlook on domestic equities, leveraging long-term capital advantages and closely monitoring market dynamics to optimize asset allocation [7]. Sector-Specific Investments - In industrial investments, the fund focuses on key national strategies, increasing investments in critical sectors and major projects, while adhering to market-oriented and legal principles [8]. - Fixed income investments are strategically increased in response to declining interest rates, with a focus on supporting national strategies related to basic livelihoods and sustainable development [8]. Cash Management - The fund continues to enhance cash asset returns while managing liquidity needs effectively, demonstrating a mature investment management capability [9]. - The fund's investment approach emphasizes long-term perspectives, minimizing the impact of short-term market fluctuations, and aligning with national strategies to achieve both social and financial benefits [9].