Macro Strategy Shows Resilience Amid Volatility, Bridgewater China All-Weather Fund Suffers Only "Minor Bruises" in July

As of July 31, Bridgewater China's All-Weather Enhanced Strategy reported a pre-fee loss of 2.8% in July, yet it still gained approximately 3% year-to-date. In a letter to investors, Bridgewater China stated that the All-Weather Enhanced Fund, through multi-asset allocation, effectively buffered against sharp fluctuations in any single asset class. The 309 macro hedge funds tracked by PaiPaiWang posted an average decline of 3.5% in July, while still up 1.9% for the year, outperforming the overall performance of domestic hedge funds.