Core Insights - The low interest rate environment has led to a resurgence in dividend strategy wealth management products, with increasing demand from investors for such allocations [1][2][8] - Major banks like Agricultural Bank of China, Bank of China, and Huaxia Bank are actively promoting dividend strategy products through their apps and public accounts [2][8] Product Overview - Dividend strategy products typically have a foundation of over 80% fixed income assets, with up to 20% allocated to dividend assets to enhance returns [1][4] - For example, the "Agricultural Bank of China Wealth Management 'Agricultural Bank Craftsmanship·Dynamic 360-Day Wealth Management Product (Dividend Preferred)'" has over 80% in fixed income assets and less than 20% in dividend assets [1][4] - The "Bank of China Wealth Management Wise Wealth Equity Dividend Strategy 180-Day Holding Period A" includes 30% of the CSI Dividend Index, with a risk level of R4 and an annualized return of 17.92% over the past month [4][7] Performance Metrics - The Agricultural Bank's product has shown an annualized return of 4.36% over the past month, 3.34% over the past three months, and 3.08% since inception, with a performance benchmark of 2.4%-3.4% [4][7] - The Bank of China's product has a high annualized return of 17.92% over the past month and 7.92% year-to-date, with an inception-to-date annualized return of 9.28% [7][8] Market Trends - The dividend strategy is gaining traction as a preferred investment choice among banks, with many financial managers recommending these products for their stability and potential for higher returns compared to traditional fixed income products [9][10] - The current low interest rate environment has made dividend strategies attractive, as they offer a stable yield compared to government bonds [9][10] Investment Opportunities - In addition to dividend strategy products, other investment opportunities include high-dividend blue chips, state-owned enterprises, green low-carbon assets, and sectors related to AI and digital economy [12][13] - The market is seeing increased interest from insurance funds in high-dividend stocks, indicating a shift towards assets that provide stable cash returns [10][11]

Core Viewpoint - The performance of dividend assets has surged in the first half of this year, particularly in bank stocks, which have reached historical highs, leading to increased attention on dividend strategies [1][3]. Group 1: Market Trends - In a low-interest-rate environment, various investment assets are yielding lower returns, prompting insurance funds to favor high-dividend assets [2]. - The banking sector has seen an 18.68% increase in its index year-to-date, contributing significantly to the Shanghai Composite Index surpassing 3500 points [3]. - Banks like Agricultural Bank of China and Bank of China are actively promoting dividend strategy products through their apps [3]. Group 2: Product Evaluation - The "Agricultural Bank's Craftsmanship · Flexible 360-Day Wealth Management Product (Dividend Preferred)" has a maximum drawdown of 0.05% since inception, indicating low volatility [3][4]. - The product has an annualized return of 4.6% over the past month, but its annualized return since inception is only 3.14%, ranking it below 29.61% of similar products [3][10]. - The product's comprehensive score is 51, outperforming 51.94% of similar products, with specific scores in various categories such as risk control and fee structure [4][10]. Group 3: Investment Strategy - The product employs a dividend strategy, investing primarily in fixed-income assets while allocating no more than 20% to dividend assets, which include dividend index funds and high-dividend stocks [7][12]. - This strategy is considered defensive, providing a "safety net" through dividend income, although it may underperform during market rallies [12]. - The product is designed for long-term investment, requiring a minimum holding period of 360 days, making it suitable for funds that are not needed in the short term [12][13].