Group 1 - The core viewpoint of the articles highlights the increasing recognition and acceptance of FOF (Fund of Funds) and ETF-FOF (Exchange-Traded Fund of Funds) in the capital market as it warms up, with many investors transitioning from stock to fund investments [1][2] - As of the end of Q2, over 90% of FOFs have achieved positive returns this year, and the total scale of ETFs in China has surpassed 5 trillion yuan, indicating a growing enthusiasm for index-based investments [2] - There has been a surge in the number of ETF-FOF products being submitted for approval, with 20 products reported this year, 14 of which were submitted since July, reflecting a trend towards innovative asset allocation tools [2] Group 2 - ETF-FOF products primarily focus on passive index investments, allocating over 80% of non-cash underlying assets to ETFs, combining the advantages of both ETFs and FOFs [2] - The first ETF-FOF products were trialed in August 2021, with notable performance from products like the 工银睿智进取股票, which achieved a 31.62% return over the past year [3][4] - The fund manager of 工银睿智进取股票, Zhou Yan, has over 12 years of experience and employs a diversified investment strategy, focusing on both aggressive and defensive assets [5] Group 3 - 工银瑞信 has established a comprehensive pension investment system, managing over 332.5 billion yuan in enterprise annuity funds, positioning itself as a leader in the public fund industry [9] - The company offers a range of FOF products tailored to different age groups and risk preferences, aiming to meet the diverse pension needs of the population [9] - The introduction of new index funds aligns with the long-term accumulation needs of pension investments, providing efficient and convenient allocation options for personal pensions [10]