【公募基金】关税担忧再起，常青低波再发挥降波作用——公募基金量化遴选类策略指数跟踪周报（2025.10.17）

Group 1 - The article highlights the increasing market volatility due to various factors, including China's special port fees on US vessels and renewed tariff discussions, which have dampened market sentiment and risk appetite [3] - The "Changqing Low Volatility" strategy has shown resilience, with a drawdown of only 2.35% since October 1, 2025, outperforming the benchmark index's drawdown of 6.97% and the CSI All Share's drawdown of 5.05% [3] - The A-share market is expected to maintain an upward trend in the medium to long term, despite short-term resistance, with strategies suggesting gradual accumulation of positions during market corrections [4] Group 2 - The "Changqing Low Volatility Fund" has consistently maintained low volatility and drawdown levels, outperforming the CSI Active Equity Fund Index since its strategy launch on July 31, 2023 [10] - The "Stock Enhancement Fund" strategy has shown performance close to the CSI Active Equity Fund Index, with potential for greater elasticity as market conditions improve [11] - The "Cash Growth Fund" has achieved a return of 0.027%, outperforming the benchmark, with cumulative excess returns exceeding 0.39% since its strategy launch [13] - The "Overseas Equity Allocation Fund" has accumulated high excess returns, benefiting from the backdrop of the Federal Reserve's easing policies and the growth of AI technology [17] Group 3 - The article discusses the construction of a new fund selection pool using quantitative methods to meet the diverse needs of investors in different market environments [19] - The "Changqing Low Volatility Fund" aims to select funds with long-term stable return characteristics, reflecting the investment style and risk control capabilities of fund managers [21][22] - The "Stock Enhancement Fund" strategy focuses on identifying funds with strong alpha generation capabilities, aiming for superior performance in favorable market conditions [23] - The "Cash Growth Fund" selection system is designed to optimize returns while minimizing risk for investors managing cash [24] - The "Overseas Equity Allocation Fund" utilizes momentum and reversal factors to select international equity indices for investment, enhancing global asset allocation [25]