Group 1 - The core viewpoint of the article emphasizes the importance of identifying relative certainty in investment opportunities amidst market fluctuations, with a positive long-term outlook for A-shares and a focus on dividend assets as essential investment options [1][2][3]. Group 2 - In a low interest rate environment, dividend assets exhibit significant advantages due to their high dividend yields, making them attractive to investors seeking better returns [2][3]. - The 10-year government bond yield has fallen below 1.9%, leading to a decline in returns for interest rate-sensitive products, prompting investors to explore dividend investments [3]. - The dividend yield of the CSI Dividend Index and the CSI Hong Kong Stock Connect High Dividend Investment Index stands at 4.29% and 5.75%, respectively, both higher than the Shanghai Composite Index and the Hang Seng Index [3][5]. Group 3 - Dividend assets have shown excellent long-term performance, with the CSI Dividend Index increasing by 465.17% since 2005, significantly outperforming the Shanghai Composite Index and the Shenzhen Component Index during the same period [7][10]. - The performance of the CSI Dividend Index from 2020 to 2025 shows fluctuations, with returns of 3.49%, 13.37%, -5.45%, 0.89%, 12.31%, and -3.07%, compared to the Shanghai Composite Index's returns of 13.87%, 4.80%, -15.13%, -3.70%, 12.67%, and 2.76% [10]. Group 4 - The article highlights the launch of the Jianxin Dividend Select Mixed Fund, which focuses on dividend assets, aiming for a stock allocation of 60-95% and investing at least 80% of non-cash fund assets in dividend-related stocks [10][11]. - The fund will adopt a quantitative investment strategy, utilizing a quantitative stock selection framework and factor models for portfolio construction, emphasizing quality and growth while considering volatility and valuation for timing [11]. - The fund will be managed by Jiang Yanze, who has a master's degree in financial engineering and 10 years of experience in the securities industry [11].
2025投资即将收官，下一站去哪？
中国基金报·2025-11-13 01:02