Core Viewpoint - The article emphasizes the importance of systematic investment and long-term strategies to achieve stable excess returns for investors, despite short-term market fluctuations [1][3]. Investment Philosophy - The investment philosophy of the company is centered around systematic investment, focusing on long-term strategies rather than being swayed by short-term market movements [1][3]. - The company aims to create a robust and efficient index enhancement system to continuously generate stable excess returns for investors [1][3]. Product Offering - The company has launched the CICC CSI All Share Index Enhanced Fund, which provides comprehensive coverage of the A-share market, serving as a "one-stop" investment tool for capturing systematic opportunities in the equity market [1][8]. - The index enhancement products are a core offering of the company's quantitative investment strategy, with a focus on major broad-based indices such as CSI 300, CSI 500, and CSI 1000 [8]. Investment Strategy - The quantitative team employs a dual-driven strategy combining fundamental quantitative strategies and algorithm-driven strategies, aiming to construct Alpha strategies that pursue stable performance [5]. - The team has developed and applied domain-specific nonlinear models to address challenges posed by traditional linear models in the evolving market [5]. Performance Metrics - The CICC CSI 500 Index Enhanced A Fund has achieved a cumulative net value growth rate of 123.32% since its inception, outperforming its benchmark by 109.18% [7]. - The CICC CSI 300 Index Enhanced A Fund has a cumulative net value growth rate of 102.90%, exceeding its benchmark by 59.76% since inception [7]. Market Outlook - The company anticipates that the A-share market is entering a phase of short-term consolidation and a long-term upward trend following significant gains in the third quarter [9]. - The company believes that the "14th Five-Year Plan" will provide fundamental support for the long-term development of the A-share market [9]. Investor Guidance - The company suggests that investors should select index enhancement products that align with their risk tolerance and hold them long-term to accumulate excess returns relative to the index [10]. - The index enhancement products are suitable for investors with a certain level of understanding of the capital market and a longer investment horizon [10]. Future Development - The company plans to continue developing diverse strategies and expanding its range of equity products to meet the growing investment needs of various investors [11].

Core Viewpoint - The article emphasizes the importance of stable performance in quantitative index-enhanced funds, aiming to provide investors with predictable returns and build trust through a scientific and standardized investment research process [1][2][4]. Investment Strategy - The investment philosophy is rooted in system engineering management methods, focusing on clear process design and standardization to enhance the predictability of investment strategies and reduce randomness [2][3]. - The quantitative index-enhanced products are designed to maintain a high correlation with benchmark indices while allowing for excess returns, thus aligning with the industry's transformation direction [1][4]. Market Trends - There is a shift in investor sentiment from seeking high volatility to preferring stable returns, which positions quantitative investment as a systematic and scientific approach gaining recognition [4][5]. - The recent regulatory framework encourages the development of various index funds, providing a solid foundation for the growth of quantitative index-enhanced funds [4][5]. Competitive Landscape - The quantitative investment sector offers opportunities for small and medium-sized fund companies to establish competitive advantages through specialized and refined strategies [6][7]. - The market for quantitative index-enhanced products is currently fragmented, allowing for potential growth and innovation in this space [6][7]. Future Outlook - The quantitative index-enhanced funds are expected to capture a larger share of the market as they align with the public fund industry's transformation towards stable, benchmark-aligned products [5][8]. - The company plans to expand its product offerings to include a diverse range of quantitative strategies, catering to various investor needs and preferences [8].