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What is the dumbbell portfolio configuration of the fund?
This is a double investment strategy of power amplifier. Growth and value, periodicity and defensiveness coexist. One holds a spear and the other a shield, which is a dumbbell configuration.

For example, Yin Hua Fund, which accurately captured the industrial investment opportunities brought by the economic recovery last year, put forward the strategy of "grasping low valuation and sticking to high growth" in its investment strategy in the second quarter of this year. This means that the fund company will "hold a spear in one hand and a shield in the other" and have both offensive and defensive capabilities.