Core Viewpoint - Huazheng Index announced the launch of a new series of target date indices aimed at providing innovative investment solutions for retirement planning in China, set to be released on November 12 [1][2]. Group 1: Index Characteristics - The new series of target date indices includes four indices corresponding to different age groups: 50-60 years, 40-50 years, 30-40 years, and 20-30 years, covering the main working population age range [2]. - The underlying assets of the indices are diverse, consisting of domestic equities, overseas equities (including markets in Hong Kong, Japan, and the US), bonds (including interest rate bonds and credit bonds), commodities (such as gold and soybean meal), and currency, all structured as open-end funds to capture market opportunities [2]. - The methodology used for the indices is scientifically based, utilizing a risk boundary framework generated by a combination of a downward curve and maximum drawdown control (REDD model), along with a mean-variance model for asset allocation [2]. Group 2: Investment Strategy - For domestic equity assets, the indices employ a comprehensive screening metric based on low correlation, low volatility, and high Sharpe ratio to select top-ranked equity index funds [2]. - Other asset classes are evaluated based on factors such as fund age, fund size, and fund type to select representative products [2].