股债大类配置打造稳健投资"压舱石"，中银招享6个月持有期助力投资持续进阶

Core Viewpoint - The recent recovery of the A-share market has led to a significant increase in market sentiment, prompting investors to seek higher returns through diversified asset allocation strategies, particularly in the context of bond-mixed funds that offer a balance of risk and return [1]. Group 1: Fund Overview - The newly launched Zhongyin Zhao Xiang 6-Month Holding Period Mixed Fund (Class A: 026497, Class C: 026498) adopts a "bond foundation, equity enhancement" strategy aimed at achieving steady net value growth while controlling maximum drawdown [1][2]. - This fund primarily invests in bond assets while also incorporating equity investments to enhance returns, aiming for a balance between stability and growth [1]. Group 2: Performance Metrics - As of the end of 2025, the bond-mixed fund index has shown a cumulative increase of 75.69% over the past decade, with annualized volatility of 4.23%, indicating a performance that lies between that of standard equity funds and long-term pure bond funds [1]. Group 3: Investment Strategy - The fund will utilize leverage, duration, and credit strategies to select high-quality individual bonds, while flexibly allocating 10%-30% of its portfolio to equity assets to capture market upswings [2]. - It employs an A+H dual market allocation strategy to explore investment opportunities in Hong Kong stocks, thereby broadening the sources of returns [2]. Group 4: Manager Profile - The fund's proposed manager, Chen Wei, has 18 years of experience in the securities industry and over 10 years in fund management, with a strong track record, including a recent award for the Zhongyin Zhao Li Bond Fund [2]. Group 5: Investment Philosophy - Chen Wei emphasizes a prudent investment philosophy, avoiding bets on single assets and balancing risk and return across different asset classes to accumulate excess returns [3]. - The manager conducts stress tests on potential risks and drawdown spaces, integrating the results into portfolio allocation to mitigate tail risks in the market [3]. Group 6: Market Outlook - Multiple internal and external factors are expected to favor the market, with the global interest rate cut cycle beginning, potentially benefiting sectors such as technology growth stocks and commodities [3].