想了解组合的朋友，欢迎联系助理咨询 一周行情复盘 整体偏平稳 从短期看，市场来回波动、节奏反复，很难每一步都踩准；但拉长周期看，全球配置的优势就在于，它并不依赖单一市场的判断，而是通过分散和节奏管 理，把不确定性慢慢熨平。 组合的收益，更多来自时间和纪律，而不是对某一次行情的精准预测。 如果你一直纠结"现在算不算好时点"，那大可不必。组合本身就是通过分批投入、长期执行来运转的，低点未必能等到，但风险已经在过程中被不断拆 解。真正拉开差距的，从来不是入场那一刻，而是能不能持续走完这一段路。 最近这段时间，组合的运行状态，其实再次印证了一件事：只要把结构搭对，过程一定不会完美，但方向往往是对的。 | | | 涨跌幅 | | 涨跌幅 | | --- | --- | --- | --- | --- | | Ａ服 | 沪深300 | 0.60% | 中债新综合全价 | 0.00% | | 红利 | 中证红利 | 0.79% | 美国20年+国债 | 0.79% | | 港股 | 恒生科技 | -0.79% | 上海金 | 0.79% | | 美国 | 纳指100 | 0.25% | | | | 德国 | 德国DAX | ...

上周的组合整体表现，简单说就是两个字： 舒服！ | | | 涨跌幅 | | 涨跌幅 | | --- | --- | --- | --- | --- | | A服 | 沪深300 | 1.31% | 中债新综合全价 | 0.10% | | 红利 | 中证红利 | 0.02% | 美国20年+国债 | 0.30% | | 港股 | 恒生科技 | 0.52% | 北京十 | 1.62% | | 美國 | 纳指100 | 1.57% | | | | 德国 | 德国DAX | 0.22% | | | | 日本 | 日经225 | 0.47% | 省心债组合 | 0.28% | | 印度 | 印度sensex30 | 0.42% | 懒人一均衡组合 | 1.07% | | 成南 | 胡志明指数 | 6.38% | 睿定投全球版组合 | 1.27% | 没有极端波动，也没有意外回撤，几个核心组合全线收红，节奏顺、状态稳，说实话也确实没太多需要纠结的地方，就是看着账户慢慢往上走，心情是愉 快的。 如果你还没参与，真的可以考虑跟车加入：每周投入金额自由选择，1,000、1,500、2,000 或 2,500 都可以， 既方便管 ...

这两周，组合的表现再次验证了我们过去三年的判断：全球配置，震荡向上。 睿全球：+0.72%（连涨两周，收益回到 19.19%）；懒人均衡：+0.42%（今年已涨到 13.89%） 组合之所以稳，是因为它本质上是"震荡上涨"。如果你之前有犹豫入场点，其实不用太纠结。组合本来就是分散资产＋分批投（每周跟车），这两个机制 已经降低风险了；真正影响长期结果的，是能不能坚持，而不是选不选得到低点。 基金限额会越来越紧张，不排除后面额度彻底用完的可能性（想买买不进来），想买的朋友可以抓紧时间哦～ （想了解组合的朋友，欢迎联系助理咨询 一周行情复盘 | | | 涨跌幅 | | 涨跌幅 | | --- | --- | --- | --- | --- | | Ａ服 | 沪深300 | 0.99% | 中债新综合全价 | -0.27% | | 红利 | 中证红利 | -1.15% | 美国20年+国债 | -1.00% | | 港股 | 恒生科技 | 0.32% | 上湿金 | -0.49% | | 美国 | 纳指100 | 1.13% | | | | 德国 | 德国DAX | 1.94% | | | | 日本 | 日径225 ...

Core Insights - The performance of the investment portfolios has validated the company's judgment over the past three years, indicating a global allocation strategy with a trend of oscillating upward [1][9] - The "Lazy Balanced" portfolio has shown a year-to-date increase of 13.89%, while the "Rui Global" portfolio has returned to a 19.19% gain after two weeks of consecutive increases [1][12] Weekly Market Review - Global markets experienced increased volatility, with most markets showing some rebound. A-shares rose by 0.99%, while the Hang Seng Index increased by 0.32%. The U.S. market saw a rise of 1.13%, and Japan's Nikkei 225 increased by 2.59% [7][9] - The bond market showed overall weakness, with the China bond index down by 0.27% and U.S. bonds down by 1%. Gold also experienced a slight decline of 0.49% [7][9] Portfolio Performance - The "Rui Global" portfolio increased by 0.72% this week, reaffirming the logic of "oscillating upward." The portfolio's performance over the past three years has provided sufficient validation for the investment strategy [9][12] - The "Lazy Balanced" portfolio demonstrated lower volatility and quicker recovery, suitable for investors seeking a more stable investment rhythm. It achieved a weekly increase of 0.42% and a year-to-date return of 13.89% [12][13] Investment Strategy - The company emphasizes the importance of maintaining a balanced allocation across different assets to manage overall volatility effectively. This strategy is particularly relevant in the current market environment, where differentiation among asset classes is crucial [7][9] - The company encourages investors to continue with regular investments, especially during market corrections, as these periods can present the best buying opportunities [9][12]

Core Viewpoint - The global markets faced pressure last week, leading to a general decline, but the investment portfolio maintained a controlled drop, ensuring a stable long-term return structure [1]. Market Summary - Major markets experienced a downturn, with A-shares falling by 3.26%, Hong Kong stocks down by 2.53%, and significant declines in Germany and Japan. The US market saw a slight increase of 0.3% [2]. - The overall market sentiment was weak, with various asset classes, including gold and government bonds, also experiencing declines [2]. Portfolio Performance - The investment strategy demonstrated resilience, with the "Rui Ding Tou Global Version" only declining by 0.51% during a week of significant A-share adjustments, maintaining a year-to-date return of 16.19% [7]. - Historical performance indicates that the portfolio achieved a return of 13.13% in 2023 and is projected to yield 7.87% in 2024, showcasing the long-term advantages of global diversification [7]. Investment Strategies - The "Lazy Balanced" strategy exhibited stability with a decline of 0.6% last week, yet it has achieved a return of 11.78% since 2025, reflecting its robust performance during market volatility due to a higher bond allocation [11]. - This strategy is recommended for investors seeking to reduce volatility and pursue long-term steady growth, complementing the global version for a more balanced risk structure [11]. Future Outlook - The market is expected to experience wide fluctuations, and investors are advised to avoid chasing trends. The recent rebound in the Nasdaq indicates potential recovery opportunities [14]. - The investment team plans to continue optimizing asset allocation to deliver stable and sustainable returns in the future [27].

Market Overview - The global markets experienced a general decline, with major indices such as the Nasdaq down by 3.17% and the Shanghai Composite down by 2.07% [1] - Only the Indian Sensex and the Ho Chi Minh Index saw slight increases of 1.69% and 4.95% respectively, while gold prices also fell [1] Investment Strategies - The "Rui Ding Tou Global Version" portfolio showed a year-to-date return of 16.79%, despite a recent minor decline due to short-term corrections in the US stock market [6] - Over the past three years, the portfolio's returns were 13.13% for 2023, 7.87% for 2024, and higher for the current year, highlighting the benefits of global diversification [6] - The "Lazy Balanced" portfolio, which includes bonds, experienced a smaller drawdown with a return of approximately 12.46% this year, indicating strong volatility resistance [10] Market Sentiment and Future Outlook - The current market downturn is viewed as a technical correction following a strong performance, rather than a sign of systemic weakness [2] - The focus for the upcoming period should be on the earnings performance of leading companies, as this will drive market momentum [14][21] - The valuation of US stocks has decreased to below 60%, suggesting potential for further declines if the market continues to adjust [14] Portfolio Performance Metrics - The "Rui Ding Tou Global Version" portfolio has a cumulative return of +439.72% since inception, with a maximum drawdown of -35.21% and an annualized volatility of 18.18% [12] - The "Lazy Balanced" portfolio has a cumulative return of +8.50% since inception, with a maximum drawdown of -27.45% and an annualized volatility of 10.96% [14] - The "Small Helper Dividend" portfolio focuses on high-dividend funds, achieving a cumulative return of +366.07% [17] Investment Recommendations - The current market conditions suggest that it is a suitable time for regular investment in diversified portfolios, particularly those with a focus on dividend-paying assets [18][21] - The "Small Helper Hang Seng Stock Connect" portfolio remains resilient despite external market pressures, indicating a stable investment opportunity [20]

Market Overview - Global markets exhibited significant divergence last week, with A-shares continuing their rebound while US, Japanese, and Vietnamese markets experienced pullbacks [1] - The overall bond market remained stable, and gold emerged as one of the few rising safe-haven assets, increasing by approximately 1.6% [1] Performance Summary - A-shares (CSI 300) rose by 0.90%, while the Hang Seng Index increased by 1.88%. In contrast, the Nasdaq 100 fell by 1.39%, the Nikkei 225 dropped by 2.86%, and the Ho Chi Minh Index declined by 2.25% [1] - The bond market showed minimal fluctuations, with the China bond index nearly flat and US 20-year bonds down by 0.22% [1] Investment Strategy - The company's global allocation strategy demonstrated its ability to maintain long-term value despite short-term volatility, achieving a cumulative return of 19.43% this year, marking the third consecutive year of positive growth [5] - The "Lazy Balanced" strategy reported a return of 14.01% this year, indicating a smoother performance and stronger resistance to volatility compared to previous years [6] Asset Allocation Insights - The "Lazy Balanced" portfolio currently holds approximately 57% in equities, allowing for sufficient capital to capitalize on potential market corrections [12] - The portfolio's bond component, despite a brief decline, quickly recovered, providing a reliable foundation for the overall strategy [6] Market Sentiment - The A-share market is expected to continue experiencing oscillations as institutions enter the year-end clearing phase, leading to generally weak trading intentions [8] - The Hong Kong market is anticipated to remain in slight fluctuations, influenced by external market performances, while its valuation remains reasonable compared to the S&P 500 and CSI 300 [8]

Core Viewpoint - The global market showed significant divergence last week, with A-shares continuing to rebound while US, Japanese, and Vietnamese markets experienced declines. Bonds remained stable, and gold emerged as a strong safe-haven asset, highlighting the advantages of a global allocation strategy that seeks steady progress amidst short-term volatility [1][2][3]. Market Performance Summary - A-shares (CSI 300) increased by 0.90%, while the Hang Seng Index rose by 1.88%. In contrast, the US Nasdaq 100 fell by 1.39%, Japan's Nikkei 225 dropped by 2.86%, and Vietnam's Ho Chi Minh Index decreased by 2.25%. The overall bond market remained stable, with Chinese bonds nearly flat and US bonds experiencing a slight decline. Gold prices rose approximately 1.6%, marking it as one of the few standout assets [1][2]. Global Allocation Strategy - The global allocation strategy demonstrated resilience, with a year-to-date cumulative return of 19.43%, achieving positive growth for the third consecutive year. The returns for 2023 and 2024 are projected at 13.13% and 7.87%, respectively, showcasing the compounding advantages of global allocation [6]. Balanced Investment Approach - The "Lazy Balanced" investment strategy yielded a return of 14.01% this year, exhibiting smoother performance and stronger resistance to volatility compared to last year's 5.13% return. The bond component, despite a brief decline, quickly recovered, providing a reliable foundation for the portfolio [10]. Investment Combinations - The company launched five investment combinations this week, reflecting a strategic approach to market conditions. The "Lazy Balanced" combination currently has an equity position of around 57%, allowing for sufficient capacity to capitalize on potential market corrections [16][19].

Global Market Performance - The global market has shown a positive performance this week, with major indices in A-shares, Hong Kong stocks, and US stocks all rising, reflecting an optimistic market atmosphere [1] - The A-share market, represented by the CSI 300 index, increased by 3.92%, while the Hang Seng Index rose by 2.22%, and the NASDAQ 100 gained 2.71% [2] Investment Strategies - The global allocation strategy has demonstrated strong resilience and stability, providing investors with a sense of security despite short-term fluctuations in gold prices [1] - The "Rui Global" strategy achieved a weekly increase of 1.52%, surpassing expectations with a cumulative return of over 20% for 2025 [5] - The "Lazy Balanced" strategy, which is more conservative with a higher bond allocation, recorded a cumulative return of 13.91% this year, lower than "Rui Global" but with reduced volatility [8] Performance Comparison - Over the past three years, "Rui Global" has maintained positive returns regardless of A-share market conditions, with some investors achieving cumulative returns of 25% [5] - In comparison to other funds, "Rui Global" ranks in the top 10% among fund managers, while some large funds have reported losses over the same period [5] Future Outlook - The bond market is nearing a bottom, and bonds continue to provide a stabilizing effect and risk buffer within the investment portfolio [8] - The company expresses confidence that annual returns will remain above 15% even if there are potential year-end pullbacks [5]

Global Market Performance - The global market shows increasing divergence, with US stocks and Indian markets leading the performance [1][3] - The A-share market has shown a decline of 1.21%, while the Indian Sensex30 has increased by 2.47% [1] - Vietnam's stock market experienced a significant drop of 7.29%, which was proactively avoided in asset allocation [1] Investment Strategies - The "Rui Ding Tou Global Version" portfolio achieved a return of 0.87% last week, bringing its total return since 2025 to 18.57% [6] - The portfolio's consistent positive returns over three years highlight the robustness and foresight of the global allocation strategy [6] - The strategy capitalizes on structural opportunities in AI-related assets, demonstrating a diversified global approach [6] Performance of Investment Combinations - The "Lazy Balanced Combination" recorded a return of 0.92% last week, with a year-to-date return of 12.87%, marking a historical high [11] - The "Rui Ding Tou Global Version" is designed for investors seeking higher returns with a tolerance for volatility, while the "Lazy Balanced Combination" is aimed at those preferring stability [12][15] - The difference in returns between the two combinations is approximately 18% versus 12%, catering to different investor profiles [12] Market Trends and Future Outlook - The overall market logic is characterized by a liquidity-driven structural differentiation [2] - The US stock market continues to show resilience despite geopolitical tensions and economic uncertainties [17] - The upcoming "Fourteenth Five-Year Plan" is expected to introduce measures to consolidate economic growth, which may positively impact the A-share market [17]