有业内人士对汇添富"固收+"投资风格如此评价：注重收益与回撤的平衡。在行业配置上，重点行业都 有，阶段性适度加大因子暴露，但总体上相对均衡，不激进；通过资产再平衡，实现债券久期与股票风 格的动态调整。这种风格是如何形成的？其"固收+"有何特别之处？ 一直以来，汇添富以主动权益为鲜明特色，被称为"选股专家"。其对于"固收+"战略的布局，源自一个 深层的认知："+"的本质，在于投研能力的延伸与融合。经过多年深耕与积淀，汇添富正以独特的平台 级优势——（1）垂直一体化的主动权益投研平台赋能、（2）充分开放分享的投研文化、（3）风险收 益特征稳定的产品对接客户的分层需求、（4）数据科学团队的业绩归因和基金画像解决基金经理与产 品的适配性，重新定义"固收+"，致力于在有效控制回撤风险的基础上，为投资者提供稳定的、具有较 好持有体验的收益。 2025年度基金成绩单出炉，汇添富"固收+"业务过去一年延续亮眼表现，不仅多产线、多策略均为投资 者创造了上佳回报，还在产品规模上迈入千亿俱乐部，成为低利率时代稳健收益风格投资领域最受认可 的资产管理品牌之一。 例如，在高波"固收+"中，汇添富添福吉祥A净值上涨21.39%（业绩基准 ...

2025年，是主动权益投资的"回归之年"。随着经济逐步复苏、政策环境优化、市场情绪回暖，一批注重基本面研究、坚持长期主义的主动权益基金，凭借 扎实的投研底蕴和出色的选股能力，为投资者创造了亮眼的回报，再度彰显出其独特价值。 其中，素以"选股专家"著称的汇添富基金，在2025年以一份扎实的业绩答卷，清晰诠释了这一价值的含义。2025年，公司旗下汇添富香港优势精选A、汇 添富自主核心科技一年持有A分别以112.70%、102.40%的业绩实现年度收益率"破百"（同期业绩基准分别为27.63%、27.87%，业绩数据经托管行复核，基 准数据来自汇添富基金，统计区间为2025/1/1-2025/12/31），共有25只主动权益基金年度涨幅超过50%，多只基金业绩排名领先。 | 近１年(2025/1/1-2025/12/31) | | | | | --- | --- | --- | --- | | 基金简称 | 排名 | 具体 | 产品代码 | | 汇添富香港优势精选混合(QDII)(A类) | 第1 | 1/56 | A 类: 470888 C 类: 017873 | | 汇添富健康生活一年持有期混合(A类) | 第 ...

Core Viewpoint - The article highlights the impressive performance of Huatai-PB's "Fixed Income +" products over the past year, showcasing their ability to manage risks while delivering stable returns, which sets them apart in the market [1][2][17]. Performance Summary - Huatai-PB's various "Fixed Income +" products have shown remarkable net value growth over the past year, with Huatai-PB Dual Benefit Enhanced A increasing by 15.86% compared to a benchmark of 4.25%, ranking in the top 10% of similar products [1]. - Other notable performances include Huatai-PB Multi-Asset Income A with a 13.73% increase (benchmark 2.14%) and Huatai-PB Dual Enjoy Return A with an 11.44% increase (benchmark 4.77%), both ranking near the top 15% of their categories [1]. - The company effectively controlled maximum drawdowns during market volatility, with products like Huatai-PB Tantanle Dual Xin A experiencing a maximum drawdown of only -0.90% despite a 6.57% net value increase [1][2]. Unique Investment Strategy - Huatai-PB's "Fixed Income +" strategy is characterized by a deep understanding of the integration of core research capabilities, emphasizing that "+" represents an extension and fusion of investment research [2][17]. - The company has established a vertically integrated investment research system that supports its "Fixed Income +" strategy, leveraging a collaborative platform that enhances investment decision-making [3][5]. Research Culture - The open and sharing research culture at Huatai-PB fosters collaboration between equity and fixed income teams, enhancing the overall investment capabilities [6][8]. - Regular meetings and discussions across teams ensure that research resources are shared, allowing for a more comprehensive approach to investment strategies [7][8]. Product and Team Structure - Huatai-PB has developed a clear multi-strategy product matrix to meet diverse client needs, ensuring that different risk profiles are effectively matched with appropriate investment solutions [9][10]. - The investment team is diversified, with specialized groups focusing on deep value stock investments, large asset allocation, and multi-asset pricing, enhancing the overall investment strategy [12][13]. Management and Risk Control - The company emphasizes rule-based investment management to ensure stability and sustainability in performance, focusing on differentiated management of risk-return combinations [15][16]. - A dedicated data science team supports investment management by providing insights into performance attribution, risk analysis, and behavioral corrections [16]. Conclusion - Huatai-PB's "Fixed Income +" approach is not merely an additive strategy but is rooted in a robust equity foundation, supported by a platform for research, a culture of sharing, and a structured product offering, making it a reliable partner for investors seeking stable returns [17].