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 article emphasizes the importance of global market diversification, highlighting that different markets exhibit varying performances, which presents investment opportunities [1][3]. Market Performance Summary - In October, A-shares remained flat with a 0% change, while the dividend index rose by 3.05%. Hong Kong stocks fell by 3.53%, and US stocks increased by 4.77%. This disparity illustrates the need for a diversified investment approach [2][1]. - The global allocation strategy outperformed in this mixed market environment, with the "Rui Ding Tou Global Version" achieving a monthly return of 2.66%, the "Lazy Balanced Portfolio" returning 2%, and the "Worry-Free Bond Portfolio" rising by 0.7% [1][6]. Diversification Benefits - The article discusses the benefits of diversification, stating that it captures more profit opportunities while effectively spreading risk. When A-shares and Hong Kong stocks weaken, the strength of US stocks and other assets supports overall performance [3][11]. - The consistent upward trend of the overall portfolio is attributed to the collaborative performance of global assets, which helps mitigate volatility [4][3]. Performance Metrics - The "Rui Ding Tou Global Version" has shown a year-to-date return of 19.98% as of November 2025, with previous annual returns of 7.87% in 2024 and 13.13% in 2023. This indicates a strong long-term structural performance rather than short-term luck [8][6][7]. - The "Lazy Balanced Portfolio" achieved a return of 2% in October and has a cumulative return of 13.83% for the year, demonstrating its stability during market fluctuations [17][14]. Investment Strategy - The article suggests that the global allocation strategy is suitable for long-term investment, as it tends to have lower volatility compared to single markets. Regular investments can help average costs and benefit from long-term compounding growth [12][13]. - The "Lazy Balanced Portfolio" is characterized as a more conservative option, with a lower equity ratio and higher bond and dividend proportions, making it suitable for investors seeking stability [17][14].

Market Overview - The market experienced a brief fluctuation last week, with some assets showing slight corrections after a strong prior performance, indicating a technical adjustment at high levels [1] - Overall, global markets maintain good resilience, with notable structural differentiation; gold and US stocks continue to lead, while bonds face slight pressure, and dividend sectors along with some emerging markets see minor declines [1] September Market Review - In September, the global market continued its strong performance, with most indices rising, except for the dividend sector, Germany, and Vietnam, which saw slight declines [2] - Gold was the standout performer, surging approximately 11% for the month, while Chinese bonds weakened, dropping about 0.6% [2] Investment Strategies Rui Ding Global Version - The Rui Ding Global Version portfolio achieved a monthly return of 4.41% in September, with a cumulative return of 15.98% year-to-date as of the end of September [5] - This portfolio has consistently delivered positive returns over the past three years, with an average annual return exceeding 10%, ranking in the top 9% among similar public funds [5] Lazy Balanced Portfolio - The Lazy Balanced Portfolio, which increases the proportion of bonds and cash to reduce volatility, recorded a monthly return of 2.84% in September, with an annual target return of 5.13% for 2024 [8] - Despite slightly lower returns compared to the Rui Ding Global Version, it exhibited significantly lower volatility, making it suitable for risk-averse investors [8] Performance Metrics - The Rui Ding Global Version has a maximum drawdown of -35.21% and an annualized volatility of 18.23%, with a Sharpe ratio of 0.77 [10] - The Lazy Balanced Portfolio has a maximum drawdown of -27.45% and an annualized volatility of 11.01%, with a Sharpe ratio of 0.02 [12] Market Sentiment - Recent US-China trade tensions are viewed as a temporary shock rather than a trend reversal, with expectations for supportive measures from the upcoming "Fourteenth Five-Year Plan" [11] - The overall market resilience remains strong, with potential for short-term adjustments due to geopolitical factors, but opportunities for strategic accumulation are anticipated [11]

Core Viewpoint - The global market remains resilient despite recent fluctuations, with structural differentiation evident, particularly in the performance of gold and U.S. stocks, while bonds face slight pressure [1]. Market Overview - In September, the global market continued its strong performance, with most indices rising, except for the dividend sector, Germany, and Vietnam, which saw slight declines. Gold was the standout performer, surging approximately 11% for the month, while Chinese bonds fell about 0.6% [2]. Investment Strategies - The "Rui Ding Tou Global Version" portfolio achieved a monthly return of 4.41% in September, with a cumulative return of 15.98% year-to-date. Despite a minor decline of 0.17% during a recent market adjustment, the portfolio maintains a strong upward trend. Over the past three years, it has consistently delivered positive returns, averaging over 10% annually, ranking in the top 9% among similar public funds [6]. - The "Lazy Balanced Portfolio" aims to reduce volatility by increasing the proportion of bonds and cash. In September, it recorded a monthly return of 2.84%, with a projected annual return of 5.13% for 2024. Although its returns are slightly lower than the Rui Ding Tou Global Version, it exhibits significantly lower volatility, making it suitable for risk-averse investors [10]. Performance Metrics - The Rui Ding Tou portfolio has a maximum drawdown of -35.21% and an annualized volatility of 18.23%, with a Sharpe ratio of 0.77, indicating a balanced risk-return profile [12]. - The Lazy Balanced Portfolio has a maximum drawdown of -27.45% and an annualized volatility of 11.01%, with a Sharpe ratio of 0.02, reflecting its stability in turbulent market conditions [14]. Market Sentiment - Recent U.S.-China trade tensions are viewed as a temporary shock rather than a trend reversal, with expectations for supportive measures from the upcoming "Fourteenth Five-Year Plan" meeting. The overall market resilience suggests potential for further investment opportunities despite short-term volatility [13][22].

Market Overview - The last trading week of September showed a continuation of the "strong stocks, weak bonds" structure, with stocks performing well while bonds remained under pressure [1][3] - Gold emerged as a standout asset during the holiday period, indicating a risk-on sentiment in the market [1][3] Weekly Performance Review - A-shares, represented by the CSI 300, increased by 2.15%, while the Hang Seng Index rose by 1.06%. The NASDAQ 100, however, experienced a decline of 0.60% [2] - The overall bond market continued to decline, but U.S. Treasuries saw a slight rebound after a period of decline [3] Investment Strategies - The "Rui Ding Tou Global Version" has achieved positive returns for three consecutive years, with the potential to exceed 15% this year. Investors who started regular investments last year have seen cumulative returns of over 10% [4][7] - The strategy focuses on global multi-asset allocation, emphasizing high-quality sectors such as AI, technology, and renewable energy [7] Risk-Adjusted Investment Options - The "Lazy Balanced" strategy, suitable for risk-averse investors, has shown a modest increase of 0.05% in the past week, with a year-to-date return of nearly 11% [9][12] - This strategy incorporates more bond assets, resulting in lower volatility and a more stable performance compared to the Rui Ding Tou Global Version [12] Future Outlook - The market is expected to continue its slow bull trend post-holiday, supported by positive economic indicators and policy expectations [16] - The current investment strategies are designed to maintain a balanced risk profile, allowing for adjustments based on market conditions [18]

Core Viewpoint - The article highlights the performance of global investment strategies, particularly the "Rui Ding Tou Global Version" and "Lazy Balanced Portfolio," which have outperformed the A-share market and demonstrated consistent gains over several weeks, showcasing the advantages of global asset allocation [1][9]. Market Performance Summary - A-shares (CSI 300) decreased by 0.23%, while the dividend index fell by 1.40%. Hong Kong stocks (Hang Seng Index) also dropped by 0.39%. In contrast, U.S. stocks (Nasdaq 100) rose by 1.92%, and Japanese stocks (Nikkei 225) increased by 1.62% [2][6]. - Overall, the Asia-Pacific market showed weak performance, while the strong rise in U.S. stocks provided support. The bond market continued to be sluggish, with both Chinese and U.S. bonds declining, while gold prices increased, becoming a highlight [4]. Rui Ding Tou Global Version Performance - The "Rui Ding Tou Global Version" achieved positive returns despite the decline in A-shares and has recorded four consecutive weeks of gains. Over the past three years, it has maintained positive returns, ranking among the top performers in risk-adjusted returns compared to 3,570 stock and mixed funds [9]. Lazy Balanced Portfolio Performance - The "Lazy Balanced Portfolio" has adopted a global allocation strategy, achieving a cumulative return of 16.13% in 2023, with a high probability of exceeding 10% for the year. It ranks in the top 18%-20% for returns, with a maximum drawdown controlled at 8% and a risk-return ratio in the top 9% [10]. - This portfolio has also recorded a return of 10.7% year-to-date, despite a challenging bond market where both Chinese and U.S. bonds have declined. The balanced distribution of stocks, bonds, and gold has helped reduce overall volatility and find support for returns [13].

Core Viewpoint - The article highlights the significant performance of A-shares, which surged by 5.4%, contrasting with declines in US and Japanese markets, indicating a clear divergence in global asset performance [1][4][5]. Market Performance Review - A-shares: Increased by 5.4%, leading global markets [4]. - US stocks: Decreased by 1.2% [8]. - Japanese market: Declined by 2.1% [8]. - Hong Kong stocks: Rose by 2.6% [8]. - Indian market: Slight increase of 0.4% [8]. - Vietnamese market: Experienced a decline [8]. - Overall, A-shares' strong performance stands out against the backdrop of global market adjustments [5]. Investment Portfolio Performance Peace of Mind Bond - The Peace of Mind Bond portfolio achieved a modest increase of 0.26% [8]. Smart Investment Global Version - The Smart Investment Global Version portfolio rose by 0.72%, reaching a new historical high, with a cumulative return of 12% for the year [11]. Lazy Balanced Investment - The Lazy Balanced Investment portfolio increased by 0.52%, with a cumulative return of 8.36% year-to-date, surpassing its target range of 6%-8% [15]. Summary of Investment Strategies - The article emphasizes the importance of maintaining defensive strategies in global asset allocation, especially in light of the contrasting performances of A-shares and other markets [5]. - The strong performance of the investment portfolios reflects effective strategies in navigating market volatility and achieving returns above expectations [11][15].

Market Overview - The global market continued the trend of "strong stocks and weak bonds" over the past week, with overall stock market gains, particularly notable performances from Japan and A-shares, while bonds and gold weakened [1][29]. Weekly Performance Review - Global stock markets generally rose, with specific indices showing the following changes: - A-shares (CSI 300) increased by 2.84% - Hong Kong's Hang Seng Index rose by 1.08% - Japan's Nikkei 225 surged by 4.53% - The US Nasdaq 100 gained 0.80% - The German DAX increased by 0.97% - India's Sensex 30 rose by 0.83% - Vietnam's Ho Chi Minh Index increased by 2.47% - In contrast, bond markets experienced declines, with the overall bond market down by 0.56%, and US 20-year+ Treasury bonds falling by 1.12% [2][7][29]. Investment Strategies - The "Rui Ding Tou Global Version" portfolio achieved a weekly increase of 0.8%, reaching a historical high, with a year-to-date return of 11.19% [6][8]. - The "Lazy Balanced" portfolio rose by 0.53%, with a cumulative return of 7.80% year-to-date, indicating a strong performance for a conservative, balanced strategy [11]. - The "Peace of Mind Bond" portfolio declined by 0.42%, with a year-to-date return of only 0.58%, reflecting the overall weakness in the bond market [15]. Future Outlook - The company maintains a cautious outlook, aiming to preserve existing gains and avoid missing out on opportunities, with a target of maintaining over 10% returns for the year [8][12].

Core Viewpoint - Global allocation and disciplined execution remain the few reliable methods for ordinary investors to navigate through market fluctuations and steadily increase wealth [2][24]. Group 1: Performance Review - The actual performance of the "Rui Global Investment" for the first half of 2025 was +6.52%, with a one-year return of +15.52%, which is rated 80 out of 100 by the company [4][6]. - Other investment combinations also performed well, with the "Lazy Balanced" combination returning +4.90% and the "U.S. Stock Combination" returning +11.16% [6]. - The "Rui Global Investment" outperformed mainstream indices, maintaining positive returns despite market volatility, indicating a robust multi-asset rotation strategy [7][8]. Group 2: Investment Strategy - The strategy of "Rui Global" focuses on global asset allocation, allowing for opportunities in various markets, such as AI leaders in the U.S. and positive returns from Vietnam when A-shares decline [11]. - Low correlation among asset classes, such as bonds and gold not moving in tandem with the stock market, helps to dilute risk at the portfolio level, leading to a more stable net value curve [12]. Group 3: Investment Plans - The company outlines two investment plans: a 10-year doubling plan with an expected annualized return of at least 7% and a plan to accumulate 5 million yuan through weekly investments [13]. - A structured approach to financial security is emphasized, with recommendations for education, medical, emergency, and retirement funds to be secured before pursuing higher-risk investments [14]. Group 4: Follow-up Investment Options - The "Follow Car" feature allows investors to automate their investment strategy, buying more when undervalued and reducing purchases or pausing when overvalued [15]. - Investors are advised to allocate 80% of their funds to the "Rui Global Investment" for stability, while the remaining 10-20% can be directed towards a market of choice for potential growth [15]. Group 5: Community and Support - A service group is available for investors to ask questions and receive updates on their investment performance, ensuring ongoing support [20][21]. - The company encourages investors to take action now to benefit from compound interest over time, highlighting the importance of starting small and being consistent [24].