Overall Performance - The average net value growth rate of RMB "fixed income + equity" public wealth management products with a maturity of 6-12 months over the past year is 3.14%, with an average maximum drawdown of 0.39% [5] - 37.53% of the products recorded positive returns every month over the past year [5] - The top three products in the monthly positive return category include "Huiyingxiang Fixed Income Enhanced One-Year Holding Period No. 1A" from Xinyin Wealth Management with a growth rate of 6.76%, followed by "Hengrui Rising Monthly Heng 300-Day Holding" from ICBC Wealth Management at 6.73%, and "Guizhu Fixed Income Increased One-Year Holding Period Automatic Renewal No. 1 (Personal)" from Minsheng Wealth Management at 6.37% [5] Highlighted Product Analysis - "Huiyingxiang Fixed Income Enhanced One-Year Holding Period No. 1A" from Xinyin Wealth Management is based on fixed income assets supplemented by equity assets, with a performance benchmark of "90% of the yield of the China Bond - New Comprehensive Full Price (Total Value) Index + 5% of the Shanghai and Shenzhen 300 Index yield + 5% of the current deposit rate" [6] - As of the end of the first half of the year, the equity and bond asset proportions of this product are 6.69% and 41.83%, respectively, with the remainder in cash and bank deposits [6] - "Hengrui Rising Monthly Heng 300-Day Holding" from ICBC Wealth Management is rated as medium risk and employs a "fixed income + multi-asset multi-strategy" approach, focusing on coupon strategies and adjusting product duration flexibly [6] - The equity portion of this product adjusts based on policy strength and market sentiment, increasing allocations in new economy sectors and areas benefiting from policy changes, such as AI-related technology industries [6]

Overall Performance - The average net value growth rate of RMB "fixed income + equity" public wealth management products with a maturity of 6-12 months over the past year is 2.99%, with a maximum drawdown average of 0.41% [4] - 34.92% of the products recorded positive returns every month over the past year [4] Top Performing Products - The top product is Minsheng Wealth Management's "Fengguizhu Fixed Income Incremental One-Year Holding Period No. 2A" with a net value growth rate of 5.97% [5] - ICBC Wealth Management's "Hengrui Rising Monthly Heng 300-Day Holding" and Bank of Communications Wealth Management's "Stable Enjoy Flexible Benefit Day Open No. 5 (365-Day Holding Period) Private Banking Exclusive" rank second and third with growth rates of 5.66% and 5.60% respectively [5] - A total of six products achieved returns exceeding 5% over the past year [5] Highlighted Product Analysis - Minsheng Wealth Management's product saw rapid growth during the "9.24" market period, having reduced leverage and duration while increasing allocation to relatively high-quality convertible bond assets [6] - The product currently has a low proportion of equity assets, with stock asset allocation at 1.14% as of the end of Q2 this year, while the majority remains in fixed income assets [6] - ICBC Wealth Management's product has a relatively high internal risk rating of PR3 (medium risk) and benefits from a multi-asset holding strategy, with approximately 30% of public fund holdings and equity asset allocation at 6.38% as of Q3 2024 [6]