Core Insights - The report highlights the increasing volatility in global markets, with the "Evergreen Low Volatility Strategy" demonstrating its advantages in such conditions [2][3][5] - The A-share market is experiencing a fluctuating trend, with the Shanghai Composite Index stabilizing around 4000 points, indicating a challenging environment for capturing market movements [2][4] - The report suggests that despite short-term pressures, the market is expected to maintain an upward trend in the medium to long term, with limited downside potential [4][5] Quantitative Strategy Allocation Views - The report ranks the strategies as follows: Stock Enhancement Strategy > Overseas Equity Strategy > Evergreen Low Volatility Strategy, indicating a preference for more aggressive strategies in the current market [4] - The Evergreen Low Volatility Strategy has shown stable performance, with a return of 0.537% this week and an excess return of 1.412%, reflecting its role as a stabilizer in volatile markets [5][12] - The Stock Enhancement Strategy has underperformed slightly this week with a return of -0.056%, but it is expected to perform better in improved market conditions [6][17] Fund Performance Statistics - The Evergreen Low Volatility Fund Strategy has achieved a year-to-date return of 15.124%, significantly outperforming the benchmark [12] - The Overseas Equity Allocation Fund Strategy recorded a return of 0.638% this week, with a year-to-date return of 11.935%, indicating strong performance amid global market dynamics [7][12] - The Cash Enhancement Fund Strategy has consistently outperformed its benchmark, accumulating an excess return of 0.534% since its inception [6][18] Fund Strategy Construction Insights - The Evergreen Low Volatility Fund Strategy focuses on selecting funds with long-term stable returns, aiming to minimize volatility while maintaining decent returns [14][26] - The Stock Enhancement Fund Strategy seeks to identify funds with strong alpha generation capabilities, aiming for higher returns in favorable market conditions [17][27] - The Cash Enhancement Fund Strategy emphasizes selecting funds with better yield performance, providing effective cash management solutions for investors [18][28] - The Overseas Equity Allocation Fund Strategy aims to expand global investment opportunities, leveraging trends in international markets to enhance returns [21][29]

Market Performance - The equity market experienced a decline of 2.53% overall for the week, with the CSI Active Equity Fund Index dropping by 2.70%[2] - The Changqing Low Volatility strategy showed resilience, only decreasing by 1.13%, effectively reducing portfolio volatility during market fluctuations[2] Strategy Recommendations - The recommended strategy hierarchy is: Changqing Low Volatility Strategy > Overseas Equity Strategy > Equity Fund Enhancement Strategy[3] - Despite short-term caution in the A-share market, the long-term investment logic in dividend-related defensive sectors remains unchanged, suggesting high cost-effectiveness post-correction[3] Fund Performance - The Changqing Low Volatility Fund Strategy recorded a weekly return of -1.127%, outperforming its benchmark by 1.572%[5] - The Equity Fund Enhancement Strategy saw a return of -1.253%, indicating a smaller drawdown compared to previous strong-performing sectors[6] Overseas Market Insights - The Overseas Equity Allocation Fund Strategy reported a decline of -2.217%, influenced by high volatility in the U.S. stock market due to various risk factors[7] - Despite short-term uncertainties, the long-term outlook for U.S. stocks remains positive, driven by technological advancements and economic stability[4] Cash Management - The Cash Growth Fund Strategy achieved a return of 0.032%, consistently outperforming the benchmark CSI Money Market Fund Index[7] - Cumulatively, the Cash Growth Fund has generated an excess return of 0.352% since its inception[7]