A：In the era of low interest rates, deposits and low-risk demand wealth management products have reduced returns as risk-free interest rates continue to decline. Investors can consider starting with a more flexible fixed-income plus convertible bond fund, which has the robustness and fixed coupon income of a bond fund, while capturing the dividends of a rising stock market, thereby enhancing the portfolio's return potential.

A：The Southern All Weather Strategy Hybrid Fund is a good choice. This is an FOF(Fund of Funds) product launched by Fufu Fund, which has increased by nearly 12% in the past year, showing good profitability. FOF funds further diversify volatility and reduce risk by investing in a basket of fund products.

A：The core trend of residents' asset allocation is reflected in the continued diversion of deposits and the acceleration of financial asset allocation, especially the increased willingness to allocate equity and diversified capital management products. China has entered a new era of wealth management with fixed income equity and multiple policies, and a low interest rate environment is likely to become the long-term norm.

A：Southern All Weather Fund adopts an all-weather investment strategy and adheres to a diversified asset mix to achieve risk diversification. In the equity assets of the appropriate attack, focus on the layout of the main line of science and technology growth, but also pay attention to benefit from the anti-internal volume of the cyclical plate such as non-ferrous, chemical and other sectors, and low allocation of consumer sectors.

A：The three major sectors with all-weather equity positions in the South are the semiconductor and chip industries, the power equipment and new energy-related sectors, and the non-ferrous metals and chemicals sectors.

A：Since its establishment, Southern all-weather products have shown the characteristics of bear market resistance and bull market follow-up, with an increase of 48.47 percent, surpassing the benchmark and market performance. It is a long-term outstanding long-distance runner, with a cumulative increase of 10 percentage points higher than the performance benchmark and an excess return of 35 percent compared with Shanghai and Shenzhen 300.

A：According to the latest research report of industry institutions, the total output value of the global semiconductor industry is expected to reach 1.5 trillion US dollars by 2023, of which AI-related chips account for up to 50%, becoming the core engine to promote market growth. For ordinary investors, you can pay attention to the South Guangli this fixed-income plus products, it focuses on the equity position of the technology sector, both to ensure basic income and capture the benefits of the technology industry.

A：Southern Guangli is a debt primary bond product, with credit bonds to the bottom, convertible bonds to increase holdings, and in the equity layer focus on the allocation of technology-related stocks. Its portfolio includes pure bonds (about 64% of net worth), convertible bonds (about 37%) and equities (about 20%), and through such offensive and defensive strategies to enhance the investment experience of sound investors in volatile markets.

A：Southern Guangli is suitable for fixed investment, because fixed investment can help investors grasp the volatility of the technology market and achieve long-term investment goals.

A：Southern Guangli's convertible bonds account for 37%, with a higher overall convertible bond allocation.

A：At present, dividend low wave products are in a low temperature state, dividend yield relative to the risk-free interest rate risk premium is higher, for the pursuit of stable income investors have a higher cost-effective, can be used as a bottom position configuration, and can be integrated with the technology growth sector configuration.

A：For pure fixed income compression, investors can focus on long-term bond products, if the risk appetite can accept the stock allocation, you can consider fixed income plus products, which will be a good choice to help avoid missing the anxiety of the technology growth market.

A：Southern Ningyue is a one-year holding period of low-and medium-risk fixed-income plus products, its investment strategy for bond bottoming (about 80% position), stock holding (about 15% position). The product's first quarterly report in 2026 shows that its top ten stocks are distributed in industries with stable or undervalued performance such as power equipment, chemicals and household appliances. Southern Ningyue's equity position is mainly invested in the communications, chemical and power sectors. Among them, the communications sector benefited from the development of overseas computing chains and the promotion of domestic AI applications, the chemical sector benefited from global demand for chemicals due to geopolitical conflicts and energy blockades, and the power sector benefited from the growth of basic power demand and policy support from AI development, such as the plan to build a unified power market in 2035.

A：Southern Ningyue achieved positive earnings between 2021 and 2025, especially with a 6.45 per cent increase in 2025, outperforming the performance benchmark by more than 4.5 per cent. Even when the equity market underperforms in 2022, its retracement level is only -1.59 per cent, below the decline in the performance benchmark.

A：Southern all-weather is a hybrid fund product, with a small amount of stock funds, optimistic about science and technology, nonferrous metals, chemical industry and other sectors; Southern stable one-year holding is a pure bond product, which does not invest in the stock market, but mainly invests in medium and high-grade credit bonds, in order to achieve stable returns, avoid the risks brought by stock market fluctuations, and is more suitable for investors as a bottom position to enhance investment income and experience.