Since November,RMB exchange rateBreaking through multiple hurdles in a row, from 73 all the way to 71. Showing a strong ** momentum. This roundRMB exchange rateThe strength is due to a combination of external and internal factors. Externally, the Federal Reserve has paused interest rate hikes, easing concerns in global marketsInternally, in OctoberFinanceThe data exceeded expectations and showed ChinaEconomyStabilize and rebound. In addition, **FinanceThe work conference also released a signal of "stabilizing expectations" and further strengthened itRMB exchange ratemarket confidence.
StrongRMB exchange rateGiveInvestmentsThe benefits are twofold. First of all,RMB exchange rateThe strengthening reduces cross-border costs, which is a positive factor for foreign trade enterprises and imported consumer goods. Second, the stability of the exchange rate reflects ChinaEconomyThe overall stability and effectiveness of the **Macroeconomic control, further improvedInvestmentsconfidence in the Chinese market.
According to GlobalFinanceGiant Goldman Sachs latest**, next yearChina**There is a high probability of **, expectedmsciThe China Index will be **12% and the CSI 300 Index will be **15%. There are the following reasons behind this **:
First of all, the A** market has been adjusted for nearly three consecutive years, and the valuation level is relatively low, which attracts moreInvestmentsThe gaze of the people. At the same time, ChinaEconomyThe steady recovery and the active fiscal policy have provided support for the A** field.
Secondly, foreign investors' optimism about A-shares is also one of the foundations. In recent years, the pace of opening up of China's capital market has accelerated, attracting a large inflow of foreign capital. With ChinaEconomyThe continuous development andFinanceWith the continuous improvement of the market, the proportion of foreign capital in the allocation of A** will be further improved, bringing greater vitality to the market.
Finally, China's structural reform and innovation momentum has also laid the foundation for the long-term development of the A** market. China** has been committed to promotingEconomyStructural transformation andIndustrial upgrading, especially in the field of high-tech and new energy, the development potential is huge. This will promote ChinaEconomyOverall growth and performance of the a** field.
Now is a good time to lay out a good start to the coming yearInvestmentsSeize the opportunity to plan ahead of the trend before it becomes clear. In terms of overall comparison, the CSI 300 Index is a noteworthy choice.
The CSI 300 Index is one of the more classic broad-based indices in China that can represent core assets, consisting of the top 300 A-shares with large market capitalization and good liquidityCompose. Its industry distribution is relatively balanced, including both traditionalEconomyFields such as food and beverage, banking, power equipment, etc., but also include emerging industries such as medicine and biology, electronics, computers, etc. The CSI 300 Index is very representative and stable, and can be shared in ChinaEconomyLong-term dividends of growth.
fromInvestmentsThe CSI 300 Index has been very strong. According to statistics, since 2020, there have been only 58% active equityBeing able to beat the CSI 300 Index shows that the performance of the CSI 300 Index is relatively stable and difficult to surpass. Therefore, for those active interests that cannot beat the CSI 300 Indexis a good choice to join the Index Enhancement product.
The core idea of the CSI 300 Index Enhancement Product is to closely track the CSI 300 Index and seek slightly excess returns on this basis. ForInvestmentsFor those who hold the CSI 300 Index Enhanced Product, they can obtain returns that are basically the same as those of the index, and may obtain certain excess returns. It is worth mentioningCUAM CSI 300Refers toNumber enhancement a(005530) In the first three quarters of this year, compared with the CSI 300 index, it has achieved 521% excess returns, and in the same categoryis in the top 3 position.
There are several aspects to alpha. First of all,CUAM CSI 300Refers toNumber enhancement aThe quantitative enhancement strategy is adopted, and subjectivity is avoided through multi-dimensional quantitative factors and a highly systematic investment research processInvestmentsimproves the reproducibility of benefits. Secondly,The management team is jointly managed by Wu Zhenxiang and Xu Yizun, and they are inQuantitative investingand exponential enhancement. Over the past 10 years, CUAM's quantitative team has accumulated a large number of research results and first-class libraries, and has the ability to continue to create excess returns for customers. Finally, the support of CUAM's fundamental investment research team is alsoThe performance provides strong support.
In summary,CUAM CSI 300Exponential enhancementIt is an excellent exponential enhancement, which can obtain good excess returns in the long run. For individualsInvestments, pay attention to theAnd properly configured is a good choice. AbsolutelyInvestmentsThe choice is madeIt should also be based on your own risk toleranceInvestmentsThe goal is to consider comprehensively and choose the right product for yourself. Also, adjust it regularlyInvestmentsIt is also very important to combine and diversify the risk of your funds.