基金研究周报：双创板块迎调整，价值风格显韧性（10.6-10.10）

Market Overview - The A-share market showed resilience despite a divergence between growth and value styles, with the ChiNext index falling by 3.86% and the CSI 300 index rising by 0.37% [2] - The value style, represented by the CSI Dividend Index, performed well, increasing by 1.79%, indicating a preference for high dividend and low valuation stocks amid rising overseas uncertainties [2] - The average weekly increase for Wind's first-level industry was 0.15%, with 55% of sectors yielding positive returns, particularly in non-ferrous metals, coal, and steel, which rose by 4.44%, 4.41%, and 4.18% respectively [2] Fund Issuance and Performance - A total of 4 funds were issued last week, including 2 equity funds, 1 bond fund, and 1 FOF fund, with total issuance of 1.13 billion units [3][4] - The Wind All Fund Index decreased by 0.62%, with the ordinary equity fund index down by 1.58% and the mixed equity fund index down by 1.52% [3][7] Global Asset Review - Global equity markets experienced significant divergence, with major U.S. indices declining due to supply chain issues and government shutdowns, while Asian markets showed mixed results [4] - Gold prices reached a historical high, surpassing $4000 per ounce, while energy commodities showed weaker performance [4][5] Domestic Fund Market Review - The average weekly increase for Wind's first-level industry was 0.15%, with the public utility sector leading with a 3.69% increase, reflecting demand for stable cash flow and low valuation amid uncertainty [13] - The healthcare sector saw a decline of 1.21% for the week and 3.22% over the past month, attributed to internal sector differentiation and short-term sentiment [13] Bond Market Review - The bond market showed mixed performance, with long-term government bonds underperforming while mid-term bonds remained stable [15] - The 10-year government bond yield was recorded at 1.846%, reflecting a slight decrease of 1 basis point from the previous week [17]