Core Viewpoint - The article discusses the innovative approach of Xingzheng Global Fund in utilizing ETF-FOF (Exchange-Traded Fund of Funds) to provide a simple and effective investment solution for investors, focusing on global asset allocation and risk diversification [4][5][7]. Group 1: Investment Strategy - Xingzheng Global Fund emphasizes the importance of expanding investment horizons globally and diversifying asset classes through FOF, primarily using ETFs as investment targets [4][5]. - The upcoming Xingzheng Global Yingfeng Multi-Asset Allocation Fund will focus on ETFs, with at least 80% of its non-cash fund assets allocated to ETFs, aiming to provide a diversified investment experience [7][10]. - The fund managers believe that the current market conditions are favorable for launching ETF-FOF products, given the rapid growth of passive investment and the increasing number of ETFs available [7][10]. Group 2: Product Features - The ETF-FOF product is likened to a Lego set, where various ETFs serve as components to create a comprehensive investment strategy, targeting long-term equity asset allocation with a focus on both Chinese and global assets [9][10]. - The product aims to enhance returns while mitigating risk through a diversified asset allocation strategy, appealing to long-term investors [9][12]. Group 3: Performance and Market Position - Since the launch of its first FOF product in 2019, Xingzheng Global Fund has grown its public FOF product management scale to over 14.3 billion yuan by mid-2025, serving over 1.22 million clients with diverse risk preferences [11][12]. - The performance of Xingzheng Global's FOF products has been strong, with several funds outperforming their benchmarks significantly, indicating effective management and strategy [11].