华商基金股债双优实力护航 年度“固收+”新品华商安元债券正在发行

Core Viewpoint - The "Fixed Income +" product, leveraging a bond foundation with equity enhancements, is positioned as an optimal choice for investors seeking to balance risk and return in a low-interest-rate environment with structural opportunities in the equity market [1][14]. Fund Overview - The Huashang Anyuan Bond Fund (Class A: 026045, Class C: 026046) is launched by Huashang Fund, aiming to provide a high-quality investment experience amidst complex market conditions [1][14]. - The fund plans to allocate no less than 80% of its assets to bond investments, establishing a base yield and safety net, while flexibly investing 5%-20% in equities, convertible bonds, and exchangeable bonds to enhance return elasticity [1][14]. - Additionally, the fund may allocate 0%-50% of its equity assets to stocks eligible under the Hong Kong Stock Connect [1][14]. Fund Management - The fund will be managed by Hu Zhongyuan, Deputy General Manager of the Multi-Asset Investment Department at Huashang Fund, who possesses a comprehensive background in both equity and bond investments [3][16]. - Hu Zhongyuan has over 11 years of experience in the securities industry, with 6.5 years specifically in securities investment, emphasizing a risk-return ratio in his investment philosophy [5][18]. Performance and Strategy - Hu Zhongyuan's management of the Huashang Dual Wings Balanced Mixed Fund has achieved top rankings in its category over the past year and five years, demonstrating his capability [5][18]. - The fund's strategy is supported by a robust research platform established by Huashang Fund, which has received multiple top ratings in active management categories [20][24]. Market Context - The current market conditions, characterized by policy support and liquidity easing, are expected to favor equity markets, with a focus on opportunities arising from artificial intelligence, demographic changes, and innovations in the Chinese pharmaceutical sector [20][21]. - The Huashang Anyuan Bond Fund is set to be open for subscription from December 8 to December 26, 2025, aiming to provide a reliable investment option in uncertain times [21].