华商基金2026年重磅新品 华商品质甄选混合1月5日起火热发售

Core Viewpoint - The article discusses the launch of the Huashang Quality Selection Mixed Fund, which aims to select high-quality listed companies and provide sustainable long-term returns for investors, managed by fund manager Ye Feng [1][9]. Fund Overview - The Huashang Quality Selection Mixed Fund will be available for subscription from January 5 to January 23, 2026, with stock assets comprising 60%-95% of the fund's total assets, and up to 50% of stock assets can be invested in Hong Kong Stock Connect [5][16]. - The fund's performance benchmark is a combination of the CSI 300 Index (60%), the CSI Hong Kong Stock Connect Composite Index (20%), and the China Bond Composite Index (20%) [5][16]. Fund Manager Profile - Ye Feng, a master's graduate from Peking University, has over 8 years of experience in the securities industry, including 3.5 years in securities investment, focusing on TMT, consumer, manufacturing, and cyclical industries [3][12]. - Ye Feng emphasizes a value-driven investment philosophy, focusing on fundamental research and understanding of valuations, while also being adaptable to positive changes in industry trends [3][12]. Performance Metrics - Since taking over the management of related products in May 2025, Ye Feng has achieved significant excess returns, with his managed funds outperforming their benchmarks by over 40 percentage points as of November 30, 2025 [4][13]. - Specific performance data includes: - Huashang Wan Zhong Innovation Flexible Allocation Mixed Fund A: 56.11% return, +43.89% excess return [4][13]. - Huashang Core Gravity Mixed Fund A: 56.82% return, +46.60% excess return [4][13]. Investment Strategy - The fund will focus on long-term evaluations of listed companies, analyzing factors such as business models, industry dynamics, profitability, management quality, governance structures, and valuation levels to select companies with sustainable competitive advantages [5][14]. - Future investment strategies will include a focus on AI industry trends and specific investment opportunities, with an emphasis on undervalued growth assets across various sectors [5][14][15]. Market Outlook - Ye Feng anticipates a broader range of investment directions and industries, aiming for a balanced portfolio that can withstand market volatility while pursuing returns [15].