本期，《机警理财日报》重点关注"固收+权益"产品和权益类产品两大含权理财产品的2025年上半年的业绩表现。 | 10 क | 产品名称 | 三十八 | 混同形 长区 | 最大回撤 | 年化波 动率 | 卡玛比率 | | --- | --- | --- | --- | --- | --- | --- | | | 幸福99鸿益(双债 增强)100天持有 | 杭银理财 | 5.48% | 0.99% | 3.00% | 11.1610 | | | | | | | | 4152 | | | E | 销售机构:厦门银行/杭州银行 | | | | | | | 容盈年年升8号净 | 兴银理财 | 4.75% | 2.31% | 3.97% | 4.13730 314 | | | ETTA | | | | | | | | | 销售机构:兴业银行 | | | | | | | 京华远见基础设施 公章REITS 를 | 北银理财 4.74% | | 0.43% | 1.77% | 22.7702 2837 | | | | 销售机构:北京银行 | | | | | | 4 | 京华远见春系列谋 定止盈2号E类份额 | 北银理财 | 4 ...

Core Viewpoint - The performance of public fund products in China has shown significant variation in the first quarter, with certain products achieving notable returns while others lagged behind, reflecting the impact of market conditions and investment strategies [4][5]. Group 1: Market Performance - The Hang Seng Index and Hang Seng Tech Index saw impressive gains in the first quarter, with net value increases of 15.25% and 20.74% respectively [4]. - In contrast, the A-share market experienced declines, with the Shanghai Composite Index and CSI 300 Index falling by 0.48% and 1.21% respectively [4]. - The "fixed income + equity" public fund products exhibited a clear divergence in returns, with the top-performing product achieving a net value growth rate of 4.84%, while the lowest performer lagged by approximately 7 percentage points [4]. Group 2: Product Performance - The average net value growth rate for RMB "fixed income + equity" public fund products was around 0.5% in the first quarter [5]. - The "Happiness 99 Hongyi (Dual Bond Enhanced) 100-Day Holding Period" from Hangyin Wealth Management topped the performance list with a 4.84% growth rate [4][5]. - The "Brilliant Life Achievement Series Shared 2022 No. 142" from Qingyin Wealth Management ranked second with a growth rate of 3.73%, benefiting from strategic investments in Hong Kong stock ETFs [5][6]. Group 3: Investment Strategies - Facing a low-interest-rate environment, wealth management companies are increasingly focusing on equity investments to enhance returns [6]. - Qingyin Wealth Management has proactively positioned itself in equity assets, employing an "absolute return" strategy to identify structural opportunities [6]. - The company has introduced a "fixed income micro-inclusion" series of products, allowing for a flexible allocation of equity assets while maintaining a cap on their proportion [6].