Group 1 - The recent turbulence in the bond market has led some banks to recommend hedging strategy financial products [2] - The featured product in the evaluation is a fixed-income hedging strategy product from Industrial and Commercial Bank of China (ICBC), specifically the "Xin Wen Li Pure Bond Hedging Strategy" [2][7] - The product utilizes derivatives such as treasury futures and interest rate swaps to hedge against interest rate risk, aiming to reduce net value drawdown and enhance stability during volatile or bear markets [6] Group 2 - ICBC has issued several pure bond hedging strategy products this year, primarily in the first quarter, with a focus on the "Xin De Li" series and a smaller number from the "Xin Wen Li" series [7] - The evaluated product has a yield score of 6, a risk control score of 100, a risk-adjusted return score of 15, and a comprehensive fee score of 84, ranking 59th, 1st, 46th, and 5th respectively among 60 similar products [8] - The evaluation methodology considers four dimensions: yield performance, risk control, risk-adjusted return, and comprehensive fee, with specific weightings assigned to each [9]