Significant differentiation in FOF performance within the year. The importance of diversified asset allocation continues to rise.

Recently, the performance of the fund industry has become more volatile, and the performance of FOF products as professional fund buyers has attracted market attention. According to Wind data, as of July 10th, the average return rate of FOF products in the entire market this year is 4.22%, with a median of 2.76%. While overall, the products have achieved positive returns, the performance differentiation among different products has also increased. The technology growth trend has become an important factor driving the leading performance of some products. Looking ahead to the second half of the year, which major asset classes still have allocation value? Does the portfolio allocation strategy need to be adjusted? Recently, several FOF fund managers interviewed by the Securities Times reporter stated that the AI industry trend is still continuing, technology growth remains the market's main theme, but as the market enters the performance verification stage, it is more important to adhere to multiple asset and multiple strategy allocations, controlling drawdowns while seizing structural investment opportunities.