想了解组合的朋友，欢迎联系助理咨询 一周行情复盘 整体偏平稳 从短期看，市场来回波动、节奏反复，很难每一步都踩准；但拉长周期看，全球配置的优势就在于，它并不依赖单一市场的判断，而是通过分散和节奏管 理，把不确定性慢慢熨平。 组合的收益，更多来自时间和纪律，而不是对某一次行情的精准预测。 如果你一直纠结"现在算不算好时点"，那大可不必。组合本身就是通过分批投入、长期执行来运转的，低点未必能等到，但风险已经在过程中被不断拆 解。真正拉开差距的，从来不是入场那一刻，而是能不能持续走完这一段路。 最近这段时间，组合的运行状态，其实再次印证了一件事：只要把结构搭对，过程一定不会完美，但方向往往是对的。 | | | 涨跌幅 | | 涨跌幅 | | --- | --- | --- | --- | --- | | Ａ服 | 沪深300 | 0.60% | 中债新综合全价 | 0.00% | | 红利 | 中证红利 | 0.79% | 美国20年+国债 | 0.79% | | 港股 | 恒生科技 | -0.79% | 上海金 | 0.79% | | 美国 | 纳指100 | 0.25% | | | | 德国 | 德国DAX | ...

上周的组合整体表现，简单说就是两个字： 舒服！ | | | 涨跌幅 | | 涨跌幅 | | --- | --- | --- | --- | --- | | A服 | 沪深300 | 1.31% | 中债新综合全价 | 0.10% | | 红利 | 中证红利 | 0.02% | 美国20年+国债 | 0.30% | | 港股 | 恒生科技 | 0.52% | 北京十 | 1.62% | | 美國 | 纳指100 | 1.57% | | | | 德国 | 德国DAX | 0.22% | | | | 日本 | 日经225 | 0.47% | 省心债组合 | 0.28% | | 印度 | 印度sensex30 | 0.42% | 懒人一均衡组合 | 1.07% | | 成南 | 胡志明指数 | 6.38% | 睿定投全球版组合 | 1.27% | 没有极端波动，也没有意外回撤，几个核心组合全线收红，节奏顺、状态稳，说实话也确实没太多需要纠结的地方，就是看着账户慢慢往上走，心情是愉 快的。 如果你还没参与，真的可以考虑跟车加入：每周投入金额自由选择，1,000、1,500、2,000 或 2,500 都可以， 既方便管 ...

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]

过去一周，全球资产在情绪修复与预期改善的共同作用下出现明显回暖，从权益到贵金属均呈现出不同程度的反弹。 伴随这一波市场情绪的回升，各组合的周度表现也同步改善，前期调整幅度较大的品种重新站上更高收益区间，整体节奏回到既定趋势。 本周整理依旧围绕三部分展开：一周行情复盘、睿定投全球版、懒人均衡。所有数据均源自动态实盘记录， 旨在为朋友们提供一个清晰、完整的周度更 新参考框架。 一周行情复盘｜市场集体回暖 | | | 涨跌幅 | | 涨跌幅 | | --- | --- | --- | --- | --- | | Ａ股 | 沪深300 | 2.9% | 中债新综合全价 | -0.2% | | 红利 | 中证红利 | 1.2% | 美国20年+国债 | -1.0% | | 港股 | 恒生科技 | 1.8% | 下湿金 | 3.4% | | 美国 | 纳指100 | 1.9% | | | | 德国 | 德国DAX | 1.5% | | | | 日本 | 日经225 | 1.4% | 省心债组合 | -0.14% | | 印度 | 印度sensex30 | 0.9% | 懒人—均衡组合 | 1.46% | | 越南 | 胡 ...

Core Viewpoint - The global markets faced pressure last week, leading to a general decline, but the investment portfolio maintained a controlled drop, ensuring a stable long-term return structure [1]. Market Summary - Major markets experienced a downturn, with A-shares falling by 3.26%, Hong Kong stocks down by 2.53%, and significant declines in Germany and Japan. The US market saw a slight increase of 0.3% [2]. - The overall market sentiment was weak, with various asset classes, including gold and government bonds, also experiencing declines [2]. Portfolio Performance - The investment strategy demonstrated resilience, with the "Rui Ding Tou Global Version" only declining by 0.51% during a week of significant A-share adjustments, maintaining a year-to-date return of 16.19% [7]. - Historical performance indicates that the portfolio achieved a return of 13.13% in 2023 and is projected to yield 7.87% in 2024, showcasing the long-term advantages of global diversification [7]. Investment Strategies - The "Lazy Balanced" strategy exhibited stability with a decline of 0.6% last week, yet it has achieved a return of 11.78% since 2025, reflecting its robust performance during market volatility due to a higher bond allocation [11]. - This strategy is recommended for investors seeking to reduce volatility and pursue long-term steady growth, complementing the global version for a more balanced risk structure [11]. Future Outlook - The market is expected to experience wide fluctuations, and investors are advised to avoid chasing trends. The recent rebound in the Nasdaq indicates potential recovery opportunities [14]. - The investment team plans to continue optimizing asset allocation to deliver stable and sustainable returns in the future [27].

Global Market Performance - The global market has shown a positive performance this week, with major indices in A-shares, Hong Kong stocks, and US stocks all rising, reflecting an optimistic market atmosphere [1] - The A-share market, represented by the CSI 300 index, increased by 3.92%, while the Hang Seng Index rose by 2.22%, and the NASDAQ 100 gained 2.71% [2] Investment Strategies - The global allocation strategy has demonstrated strong resilience and stability, providing investors with a sense of security despite short-term fluctuations in gold prices [1] - The "Rui Global" strategy achieved a weekly increase of 1.52%, surpassing expectations with a cumulative return of over 20% for 2025 [5] - The "Lazy Balanced" strategy, which is more conservative with a higher bond allocation, recorded a cumulative return of 13.91% this year, lower than "Rui Global" but with reduced volatility [8] Performance Comparison - Over the past three years, "Rui Global" has maintained positive returns regardless of A-share market conditions, with some investors achieving cumulative returns of 25% [5] - In comparison to other funds, "Rui Global" ranks in the top 10% among fund managers, while some large funds have reported losses over the same period [5] Future Outlook - The bond market is nearing a bottom, and bonds continue to provide a stabilizing effect and risk buffer within the investment portfolio [8] - The company expresses confidence that annual returns will remain above 15% even if there are potential year-end pullbacks [5]

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]