过去一周，全球市场延续了"股强债弱"的格局。股市整体上涨，尤其是日本和A股表现亮眼，而债券和黄金则走弱。在这样的市场背景下，我的几个核心 组合与专题组合表现总体稳健，多数跑赢了大盘，也再度验证了组合配置的有效性。 一周行情复盘 | | | 中国内容中国国工同形式的反应以及征行。及双目MP+ 文智的工程。 | | (刘川宗成义) | | --- | --- | --- | --- | --- | | | | 债市、黄金、全球股市一周行情 | | | | | | 涨跌幅 | | 涨跌幅 | | A股 | 沪深300 | 2.84% | 中债新综合全价 | -0.56% | | 红利 | 中证红利 | -0.88% | 美国20年+国债 | -1.12% | | 港股 | 恒生指数 | 1.08% | 上海金 | -0.24% | | 美国 | 纳指100 | 0.80% | | | | 德国 | 德国DAX | 0.97% | | | | 日本 | 日经225 | 4.53% | 省心债组合 | -0.42% | | 印度 | 印度sensex30 | 0.83% | 懒人一均衡组合 | 0.53% | | 越南 ...

Core Viewpoint - The article highlights a structural market trend in July, characterized by strong stock performance and weak bond performance, leading to overall positive returns across various investment portfolios [2][3]. Group 1: Market Performance Overview - In July, the A-share market rose by 3.54%, while the Hong Kong market increased by 2.91%. The U.S. market saw a moderate gain of 2.38%, and the German DAX and Japanese Nikkei 225 had lower increases of 0.65% and 1.44%, respectively. India was the weakest performer with a decline of 2.90% [4]. - The Vietnamese market experienced a significant rise of 9.19%, with timely profit-taking executed to avoid potential downturns [4]. - The bond market overall declined by 0.26%, with U.S. Treasuries dropping by 1.05%, while gold saw a slight increase of 0.49% [4]. Group 2: Portfolio Performance - The "省心债组合" (Comfortable Bond Portfolio) achieved a positive return of 0.02% amidst a generally declining bond market, indicating effective volatility control and timing strategies [7][8]. - The "睿定投全球版" (Smart Global Investment Portfolio) rose by 2.46% in July, showcasing strong performance in a competitive market environment [11][12]. - The "懒人均衡组合" (Lazy Balanced Portfolio) recorded a total increase of 8.05% in the first seven months of 2025, surpassing the previous year's total return of 7.87% [13][17]. - The "红利组合" (Dividend Portfolio) focused on high-dividend assets in A-shares and Hong Kong stocks, achieving a monthly increase of 4.09% and a cumulative return of 7.23% for 2025 [21]. Group 3: Strategy and Future Outlook - The article emphasizes the importance of not chasing monthly profits but rather focusing on minimizing losses and achieving steady gains through diversified asset allocation [30]. - Investment strategies are tailored for different risk appetites, with specific portfolios designed for conservative and aggressive investors [44].

Group 1 - The overall performance of global markets remains strong, with Japan leading the gains while Hong Kong shows relatively weaker performance [1] - The A-share market, represented by the CSI 300, increased by 2.03%, while the Hang Seng Index rose by 1.62% [2] - The Nikkei 225 in Japan saw a significant increase of 5.56%, indicating robust market activity [2] Group 2 - The "Rui Ding Tou Global Version" achieved a weekly return of 1.9%, with a cumulative return of 6.52% for the year [4] - The strategy of global diversified allocation has led to positive returns for two consecutive years, with expectations of reaching an annualized return of 10% this year [5] - The "Lazy Balanced" portfolio recorded a weekly return of 1.28%, with a cumulative return close to 5% for the year, effectively balancing risk and reward [10] Group 3 - The "Sheng Xin Debt" portfolio experienced a slight pullback due to market fluctuations but has maintained a cumulative return of 0.97% since 2025 [8] - The expected annual return for the bond market is projected to be around 2% to 2.5%, which is considered satisfactory [8] - The "Lazy Balanced" portfolio is designed for those seeking a balance between equity and debt, allowing for flexibility during market volatility [10] Group 4 - All three investment combinations have achieved positive returns over the past two years, demonstrating the effectiveness of global allocation strategies [12] - The company encourages new investors to start with small amounts and engage in long-term investment to experience the benefits of global diversification [12] - The company emphasizes the importance of global allocation as a strategy to mitigate risks and seize opportunities [16]

Core Viewpoint - The global market has shown strong performance, with Japan leading the gains while Hong Kong's performance is relatively weaker [1] Market Performance Summary - A-shares (CSI 300) increased by 2.03%, while the Hang Seng Index rose by 1.62% - The US Nasdaq 100 saw a significant increase of 3.77%, and the German DAX rose by 2.75% - Japan's Nikkei 225 had the highest gain at 5.56%, while India's Sensex 30 increased by 2.09% - Vietnam's Ho Chi Minh Index rose by 2.02% [2] Investment Products Performance Rui Ding Investment Global Version - The Rui Ding Investment Global Version achieved a return of 1.9% this week, with a cumulative return of 6.52% for the year - The product has consistently delivered positive returns for two consecutive years and aims for an annualized return of 10% this year [4] Shengxin Bond - The Shengxin Bond combination experienced a slight pullback due to market fluctuations but has a cumulative return of 0.97% since 2025 - Expected annual returns for 2023 and 2024 are around 3%, with a target of 2% to 2.5% being considered good [7] Lazy Balanced Combination - The Lazy Balanced combination recorded a return of 1.28% this week, with a cumulative return close to 5% for 2025 - The strategy involves flexible adjustments during market volatility, allowing for both growth and defensive positioning [10] Long-term Performance Validation - All three investment combinations have achieved positive returns over the past two years, demonstrating the effectiveness of global diversification strategies - The company encourages new investors to start with small amounts and engage in long-term investment to experience the benefits of global allocation [12][17]

Group 1: Core Views - The article discusses various investment strategies and their performance in the current market environment, emphasizing the importance of stability and risk management in investment portfolios [10][11][20][21]. Group 2: Investment Compositions - **省心债组合 (Peace of Mind Bond Portfolio)**: This bond portfolio showed a modest increase of 0.2% in May and 1.7% year-to-date, highlighting its stability and lower volatility compared to other asset classes [10][11]. The portfolio is primarily composed of interest rate bonds and high-rated credit bonds, which are less sensitive to interest rate changes [10]. - **睿定投全球版组合 (Smart Global Investment Portfolio)**: This portfolio increased by 4.3% in May, driven by a strong rebound in the U.S. tech sector, particularly AI-related stocks like Nvidia [13][14]. The year-to-date performance stands at 9.4%, showcasing its focus on structural investment in global assets [13]. - **懒人均衡组合 (Lazy Balanced Portfolio)**: This portfolio rose by 2.0%, maintaining a balanced approach between equity and bond assets, effectively reducing market volatility's impact on net value [17][18]. It includes a mix of U.S. tech, A-share new energy, and pharmaceutical sectors [17]. - **红利组合 (Dividend Portfolio)**: Focused on companies with stable cash flow and dividend capabilities, this portfolio aims to provide steady returns and reduce volatility, especially in uncertain market conditions [20][21]. - **小帮港股通组合 (Hong Kong Stock Connect Portfolio)**: This portfolio targets high-potential companies in the Hong Kong market, balancing blue-chip and innovative firms to capture structural opportunities while managing risks [23]. - **小帮美股组合 (U.S. Stock Portfolio)**: Concentrating on quality growth and value stocks in the U.S. market, this portfolio emphasizes a balanced approach across technology, healthcare, and consumer sectors, aiming for long-term growth while mitigating risks [26]. Group 3: Market Trends - The article notes that AI-related assets are gaining prominence, with market expectations for their commercialization gradually materializing [14]. The focus on structural opportunities in technology and the importance of maintaining a balanced portfolio in response to market fluctuations are highlighted [18][26].