证券之星消息，8月27日南方基金管理股份有限公司发布《关于南方原油证券投资基金2025年9月1日暂 停申购、赎回和定投业务的公告》。公告中提示，为2025年9月1日（美国劳动节）为纽约证券交易所节 假日，本基金暂停申购、赎回及定投业务，自2025年9月1日起南方原油证券投资基金2025年9月1日暂停 申购、赎回和定投业务，下属分级基金调整明细如下： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 | 分级基金简称 | 代码 | | 是否暫停（大额）申购 | 申购限额 转入限额 定投限额 | | --- | --- | --- | --- | --- | | | | (转入转出、赎回、定投) | | (元) (元) (元) | | 南方原油; 南方原 油LOF | 501018 | 를 | | | | 南方原油（ODI I-FOF) C | 006476 | 를 | | | ...

Core Viewpoint - The article emphasizes the importance of stock assets in long-term investment strategies, highlighting their historical performance compared to other asset classes [5][10]. Asset Allocation Insights - The acceptance of diversified asset allocation strategies has increased, with a broader range of asset classes being considered [3]. - A correlation analysis of major stock indices reveals that while Asian markets show higher correlation, European markets are also closely related, suggesting potential benefits from diversification across different regions [8][15]. Investment Strategy and Performance - Backtesting results indicate that a diversified portfolio of stocks from seven major countries yields a cumulative return of 289.02%, slightly lower than the benchmark of 299.04%, with an annualized return of 7.07% [10]. - The maximum drawdown for the portfolio was 54.71%, indicating significant risk despite the lower annualized volatility compared to the benchmark [10]. - Historical performance shows that while most years yield positive returns, there are notable downturns in specific years, such as 2008 and 2022, where the portfolio experienced substantial losses [12][18]. Risk Management and Diversification - The article suggests that during extreme market conditions, the correlation between different stock markets tends to increase, leading to simultaneous declines, which undermines the benefits of diversification [17][18]. - To mitigate risks during such periods, it is recommended to include assets with different driving factors, such as bonds and commodities, in the investment portfolio [18][34]. Recommended Asset Allocation - A proposed asset allocation strategy includes 60% in equity funds, 30% in bond funds, and 10% in commodity funds, aimed at balancing risk and return [20][22]. - The bond allocation is intended to provide stability and reduce overall portfolio volatility, while equity funds are expected to capture growth opportunities [23][24]. Conclusion - The article advocates for a diversified investment approach that incorporates various asset classes to enhance long-term returns while managing risks associated with market volatility [34].

Group 1 - The article introduces the "Xiaoxue Three-Part Method" investment strategy, which aims to provide a more scientific and sustainable investment approach to avoid losses from chasing market trends [3][4]. - The investment allocation is based on a growth-oriented plan with a ratio of 30% bonds, 60% stocks, and 10% commodities, reflecting the author's risk tolerance and investment goals [3][4]. - The bond allocation focuses on domestic bonds and U.S. dollar bonds to benefit from high yields and potential interest rate cuts, serving as a stabilizing component in the portfolio [3][4]. Group 2 - The performance of the Xiaoxue Three-Part Method portfolio showed an overall increase of 0.76% last week, with contributions from both equity and bond segments despite a turbulent domestic equity market [7]. - The article highlights the resilience of the portfolio amid geopolitical tensions, with gold prices rising by 1.56% and oil prices surging by 13.32% due to market dynamics [7][18]. - The article notes that the portfolio's year-to-date weighted return is 4.88%, with a maximum drawdown of less than 8%, indicating a balanced growth strategy [7]. Group 3 - The A-share market experienced a pullback, with major indices declining, while sectors like energy and materials showed positive performance [9][10]. - The Hong Kong market displayed mixed results, with healthcare and materials sectors performing well, while consumer sectors faced declines [12]. - U.S. stock indices faced pressure, with the S&P 500, Nasdaq, and Dow Jones all recording losses due to rising inflation expectations and geopolitical tensions [14]. Group 4 - The bond market showed a slight upward trend, supported by central bank signals and increased buying activity in short-term bonds [15][17]. - The article emphasizes the importance of commodity investments as a risk-hedging tool, with a recommended allocation of 10-15% to enhance portfolio performance [4][21]. - Geopolitical events have significantly impacted commodity prices, with oil prices rebounding sharply due to Middle Eastern tensions and gold prices benefiting from increased safe-haven demand [18][20].

Group 1 - The A-share market is experiencing a high opening followed by a decline, reflecting the muscle memory of investors who anticipate this pattern [1] - The banking index is showing strong performance and is close to reaching a historical high not seen since 2015 [2] - The performance of ETFs has already reached historical highs, indicating a positive trend regardless of interest rate changes or company earnings [4] Group 2 - Recent regulations aimed at promoting the high-quality development of public funds may lead fund managers to focus on the banking sector, which has consistently outperformed the broader market [5] - The banking sector has become a standout performer, with institutional investors, particularly insurance companies, actively accumulating shares [5] Group 3 - The latest financial data for China Merchants Bank shows a slight decline in total revenue and net profit compared to the previous year, with total revenue at 828.92 billion and net profit at 372.86 billion [7] - The bank's earnings per share is reported at 1.48, with a dividend yield of 4.47% [7] Group 4 - Recent shareholding changes indicate that Ping An Life has increased its stake in China Merchants Bank, reflecting confidence in the bank's future performance [8]