Core Insights - The article discusses various strategies investors can adopt in the ETF investment space to enhance returns, including enhanced index ETFs and active management strategies [1]. Group 1: Enhanced Index ETFs - Enhanced index ETFs aim to achieve excess returns while tracking a benchmark index, utilizing quantitative models based on factors like momentum, value, and quality to select securities with potential for excess returns [1]. - These ETFs offer more flexibility in their investment portfolios compared to traditional passive ETFs, potentially leading to higher returns [1]. - Multiple enhanced ETFs have been launched in China, covering major broad-based indices such as the CSI 300 Index, CSI 500 Index, CSI 1000 Index, and the ChiNext Index [1]. - Investors should consider the strength of the fund company's enhanced index capabilities and the effectiveness of the product's enhancements when selecting these products [1]. Group 2: Active Management Strategies - Active management strategies require investors to tactically adjust their investment portfolios based on market conditions and economic cycles [1]. - For instance, during a bull market, investors may increase the weight of equity ETFs, while in a bear market, they might shift towards bond or gold ETFs to mitigate risks [1].