Investment objective:
The whole process of risk budgeting, sharing economic growth, and pursuing absolute returns.
Investment scope:
The investment direction of the Fund is financial instruments with good liquidity, including domestic stocks, bonds and other financial instruments permitted by laws and regulations or China Securities Regulatory Commission.
Investment strategy:
The investment management of the Fund is mainly divided into two levels: the first level is to allocate assets, industries and different types of bonds according to the excess returns of the market and funds through the overall risk budget and quantitative financial engineering model. The second level, in stock investment, based on the principle of value stock selection, mainly choose companies with good fundamentals, strong liquidity and undervalued value, and carry out portfolio management on the basis of industry allocation; In bond investment, we should pay attention to risk management, pursue stable income, conduct long-term management and generic allocation on the basis of analyzing the medium and long-term macro situation and interest rate trend, hold appropriate convertible bonds, and construct bond portfolio.
Because it belongs to mixed growth, it generally pays more attention to the long-term growth of stocks and belongs to the strategy of long-term holding investment. Its benefits can only be realized in the long run.