华商基金孙志远：以专业管理提升养老投资体验 只为更好的养老

Core Viewpoint - The personal pension system is being promoted as a third pillar of retirement savings in China, offering tax benefits, lower fees, and long-term compounding advantages for individuals preparing for retirement [2][20]. Group 1: Personal Pension Contributions - Individuals can contribute up to 12,000 yuan annually to their personal pension accounts, which can be declared for tax deductions between March and June of the following year, allowing for a maximum tax deduction of 5,400 yuan [4][22]. - The investment returns from personal pension accounts are not taxed until withdrawal, where a 3% income tax rate applies [4][22]. Group 2: Investment Management and Strategies - The personal pension funds are characterized by long investment horizons and a relatively high risk tolerance, allowing for strategic asset allocation and disciplined investment practices [2][20]. - Professional managers can assist investors in maintaining investment discipline, particularly in volatile markets, to achieve long-term asset preservation and growth [2][20]. Group 3: Fund Performance - The "HuaShang JiaYue Balanced Pension Target Three-Year Holding Mixed Fund" has achieved a net value growth rate of 20.94% over three years, surpassing its benchmark of 17.87% [8][27]. - The "HuaShang JiaYue Stable Pension Target One-Year Holding Mixed Fund" has delivered an 11.87% return, outperforming its benchmark of 11.73% [9][27]. - The "HuaShang JiaYue Pension Target 2040 Three-Year Holding Mixed Fund" recorded a growth rate of 21.50%, significantly exceeding its benchmark of 15.65% [9][27]. Group 4: Fund Types and Management - HuaShang Fund offers various pension target funds, including target date and target risk products, catering to different age groups and risk preferences [9][27]. - The asset allocation team at HuaShang Fund focuses on creating sustainable and stable returns for investors over the long term, emphasizing the importance of early preparation for retirement [9][27].