Zheng Quan Zhi Xing·2025-08-29 09:36Fund Overview - The fund is named "Huaxia Industry Selected Mixed Securities Investment Fund (LOF)" and is managed by Huaxia Fund Management Co., Ltd. [3] - The fund's total shares at the end of the reporting period amounted to 930,562,058.82 shares [3]. - The fund operates as a contract-based open-end fund and was established on November 22, 2007 [3]. Financial Performance - The fund's net asset value at the end of the reporting period was 1,036,088,500.59 RMB, with a net asset value per share of 1.113 RMB [4][21]. - The fund achieved a profit of 7,542,992.57 RMB during the reporting period, with a realized income of -100,117.39 RMB [4][22]. - The weighted average net value profit rate for the period was 0.72%, and the cumulative net value growth rate since inception is 71.80% [4][22]. Investment Strategy - The fund focuses on industry investment value assessment and aims to capture investment opportunities across different economic cycles by selecting quality stocks within advantageous industries [3][4]. - The investment strategy includes asset allocation, stock investment, bond investment, and warrant investment, with a performance benchmark of the CSI 300 Index for stock investments and the Shanghai Government Bond Index for bond investments [3][4]. Market Outlook - The fund manager noted that the U.S.-initiated tariff war has not significantly impacted China's exports, which remain resilient [15]. - The fund has adjusted its portfolio by reducing exposure to the automotive sector while increasing investments in the artificial intelligence sector, particularly in hardware, due to its growth potential [15][16]. Management and Governance - Huaxia Fund Management Co., Ltd. is one of the first national fund management companies approved by the China Securities Regulatory Commission, established in April 1998 [8]. - The fund management adheres to strict compliance with relevant laws and regulations, ensuring fair treatment of all funds managed [14][19].