Core Insights - The article discusses the challenges investors face in a low interest rate environment and how Yongying Fund is addressing these challenges through diversified strategies in fixed income enhancement products [1][2][7]. Group 1: Investment Strategy - Yongying Fund emphasizes a shift from "single yield" to "multi-enhancement" strategies to meet return objectives in a prolonged low interest rate scenario [2]. - The core solution proposed is "multi-asset, multi-strategy," which involves expanding asset classes and employing various strategies within each asset category to optimize risk-return profiles [2][3]. - Specific paths to achieve absolute returns include focusing on high Sharpe ratio assets and actively managing portfolios to exceed benchmark returns [2][3]. Group 2: Product Performance - Yongying Fund's fixed income enhancement products have returned to historical high scales, with low to medium volatility strategies showing strong performance [3]. - For instance, the Yongying Xinxin A product achieved a return of 21.61% over the past two years, significantly outperforming the category average of 11.93% [4]. - The Yongying Multi-Asset and Multi-Strategy product has a maximum drawdown of only -0.71%, better than the category average of -1.39% [4]. Group 3: Systematic Research Support - Yongying Fund has developed a robust systematic research platform that supports effective strategy execution, including asset allocation and risk management [6]. - The "Qianxing" research system utilizes big data and AI to enhance bond investment strategies and risk assessment, earning recognition from the People's Bank of China [6][10]. Group 4: Market Outlook - The fund anticipates that global liquidity and fiscal expansion will continue, with a focus on U.S. tech stocks, U.S. bonds, and gold as key investment areas [6][7]. - The bond market is expected to experience a "low interest rate + high volatility" environment, presenting trading opportunities, particularly in credit bonds [7].