Core Viewpoint - The article discusses the performance and characteristics of four quantitative funds, highlighting the strong performance of 招商量化精选A and the strategies of other funds in the context of market conditions [2][4][5]. Fund Performance - 招商量化精选A has consistently outperformed the 万得偏股混合型基金指数, except for 2020, with annual returns of 47.99% in 2019, 43.58% in 2020, 28.50% in 2021, -1.05% in 2022, 9.79% in 2023, and a projected 15.26% in 2024 [5][6]. - 国金量化多策略A has shown a more stable performance in recent years, with returns of 12.75% in 2019, 19.36% in 2020, 16.07% in 2021, 6.40% in 2022, and 0.12% in 2023, indicating a shift in strategy towards larger market capitalization stocks [6][14]. Fund Characteristics - The four funds have different market capitalization focuses, with 国金量化多策略A primarily investing in the 沪深300 index, while the other three funds focus on smaller stocks, particularly in the 中证1000 and 中证2000 indices [8][9]. - The asset allocation of 国金量化多策略A has shifted significantly, with over 75% of its holdings in 沪深300 components since mid-2024, reflecting a strategy that aims for better risk-return balance in a fluctuating market [12]. Investment Strategy - 招商量化精选A's strategy has proven effective in maintaining a competitive edge, particularly in the context of market volatility, leading to a consistent outperformance against the benchmark index [14][15]. - The article emphasizes the importance of a diversified investment approach, as illustrated by the varying strategies and performances of the funds discussed [17].