震荡市多元配置利器 银华盛安六个月持有混合将于12月1日发行

Core Viewpoint - The market is experiencing significant divergence between bulls and bears, leading to accelerated sector rotation. Institutions suggest that investors should adopt diversified allocations to build risk barriers and focus on quality targets with a disciplined mindset and long-term perspective [1][2]. Group 1: Fund Launch and Strategy - The Yin Hua Sheng An Six-Month Holding Mixed Fund (Class A: 025993, Class C: 025994) will be launched on December 1, providing a new tool for investors to diversify in response to market volatility [1]. - The fund will invest 10%-30% of its assets in equity assets, convertible bonds (including separated trading convertible bonds), and exchangeable bonds, with at least 10% in domestic stocks and a maximum of 50% in Hong Kong Stock Connect stocks [1]. Group 2: Fund Management and Performance - The proposed fund manager, Yu Lei, has nearly 20 years of experience in pension management and is currently the Deputy General Manager of Yin Hua Fund, focusing on pension and multi-asset investment management [1]. - The Yin Hua Sheng Hong Bond Fund, a representative product in the "fixed income +" sector, has shown superior historical returns and risk control, with a net value growth of 8.92% over the past year compared to a benchmark of 3.53%, resulting in an excess return of 5.39% [2]. Group 3: Market Context and Performance Comparison - The Yin Hua Sheng An Six-Month Holding Mixed Fund is positioned to help investors navigate a volatile market, leveraging historical performance data that shows mixed bond funds outperforming in high-volatility environments [2]. - As of November 19, the Wande Hybrid Bond Fund Index has achieved a cumulative increase of 400.94% since its inception, with a maximum drawdown of only -22.09%, significantly better than the Shanghai and Shenzhen 300 Index, which has a cumulative increase of 280.11% and a maximum drawdown of -72.30% [2].