Core Insights - The market has favored small-cap stocks this year, leading to strong performance from quantitative funds, with an average return of approximately 52% for over 500 quant funds established for more than a year, and only 14 funds reporting negative returns [2][3] Fund Performance - The Huatai-PB CSI 2000 Enhanced Index Fund has achieved a remarkable return of 104.57% over the past year, significantly outperforming its benchmark, which returned 31.82% [3] - The fund's holder count increased from 12,200 to 33,700, indicating strong market interest [4] Quantitative Strategy - The Huatai-PB team has developed short-term quantitative models tailored for small-cap indices like CSI 2000, which have shown success in recent market conditions [5][9] - The Huatai-PB CSI 2000 Enhanced Index A has delivered a year-to-date return of 47.63%, exceeding its benchmark by 15.87% [5] Model Development - The quantitative team has been cautious in deploying new strategies, ensuring that their short-cycle volume-price models are tested with proprietary funds before being applied to public offerings [9][10] - The combination of short-term and long-term quantitative models has allowed Huatai-PB to create a well-defined product matrix that caters to various market conditions [10][11] Market Trends - The small-cap sector, represented by the CSI 2000 index, has seen a cumulative increase of 81.26% since the market rally began in September 2024, outperforming larger indices [5] - The dual focus on capturing excess returns while adhering to investment discipline is crucial in a volatile market environment, positioning enhanced index funds as a significant component of long-term asset allocation [13]

Group 1 - The core phenomenon in the quantitative fund sector is the recent wave of subscription limits imposed by multiple fund companies, driven by market style changes and the strong performance of quantitative funds [1] - As of September 1, only 14 out of over 500 quantitative funds established for more than a year reported negative returns, with an average return of approximately 52%, highlighting the attractiveness of these funds to investors [1][2] - The focus of quantitative fund companies this year has shifted from scale expansion to risk control and sustainable strategies, with stricter risk exposure management for index-enhanced products [1] Group 2 - The Huatai-PB CSI 2000 Index Enhanced Fund achieved a remarkable return of 104.57% over the past year, significantly outperforming its benchmark return of 31.82%, leading to an increase in the number of holders from 12,200 to 33,700 [2] - Huatai-PB's success in the quantitative field is attributed to its proactive development of short-term quantitative models tailored for small-cap indices, capitalizing on the significant rise of the CSI 2000 Index, which increased by 81.26% [4] - The company has established a clear and structured quantitative product matrix, offering a variety of enhanced products across different market segments, providing investors with diverse investment tools [4] Group 3 - The performance of various Huatai-PB funds demonstrates their ability to consistently exceed benchmark returns, with products like Huatai-PB Quantitative Leading and Huatai-PB Quantitative Selection showing strong stability and sustainability over the past decade [4][5] - In a volatile market, quantitative funds are becoming a crucial choice for investors, as they combine index benchmark returns with the potential for excess returns, representing a disciplined and rational investment approach [5]