Core Viewpoint - The global financial market is experiencing significant volatility due to geopolitical tensions, particularly the conflict between Israel and Iran, leading to a surge in gold and oil prices, while major stock indices are declining [1][2]. Group 1: Market Impact - Gold prices have surged, exceeding $3440 per ounce, while oil prices have risen to $78 per barrel [1]. - Major stock indices, including A-shares, Nikkei 225, KOSPI, and Australian indices, have all experienced varying degrees of decline [1]. - The Nasdaq index has dropped by 12% in the first half of 2025, with significant losses in major tech companies like Tesla and Apple [2]. Group 2: Investment Strategies - There is a growing trend towards "global multi-asset allocation" as a safe haven for investors amid rising risk aversion [3][4]. - Multi-asset allocation involves diversifying investments across different countries and asset classes to mitigate risks associated with single markets [4]. - Historical data shows that a diversified portfolio can significantly reduce volatility and enhance returns compared to investing in a single asset class [4][5]. Group 3: FOF Funds - FOF (Fund of Funds) has emerged as a convenient tool for ordinary investors to achieve multi-asset allocation, allowing them to invest in a basket of funds managed by professionals [8][10]. - The example of Guangfa Antai Stable FOF A (012106) illustrates how such funds can invest in various asset classes, including stocks, bonds, and commodities, both domestically and internationally [8][10]. - FOF funds lower the entry barrier for investors, with many requiring a minimum investment of just 10 yuan [10]. Group 4: Professional Management - The management of multi-asset funds requires extensive research and investment capabilities, which is supported by a team of experienced professionals at Guangfa Fund [16][17]. - The investment manager, Cao Jianwen, has over 10 years of experience in multi-asset investment and employs a rigorous risk management framework [11][13]. - Cao's funds have shown strong performance, with several ranking in the top tier of their categories, demonstrating effective risk control and return generation [13][14]. Group 5: Future Outlook - The global financial market is undergoing profound changes influenced by factors such as the Federal Reserve's interest rate hikes and geopolitical uncertainties [18]. - Investors are encouraged to adopt a multi-asset, multi-strategy approach to navigate the complexities of the current market environment [18]. - The focus on both defensive and offensive strategies, including investments in gold and high-dividend stocks, is essential for enhancing risk resilience [18].