用心甄选品质为先 华商基金开年新品华商品质甄选混合1月23日结束募集

Core Viewpoint - The article highlights the launch of the Huashang Quality Selection Mixed Fund by Huashang Fund, emphasizing the importance of identifying undervalued assets in a changing market environment to achieve sustainable long-term returns for investors [1][6]. Fund Overview - The Huashang Quality Selection Mixed Fund (Class A: 026177, Class C: 026178) is set to be managed by Ye Feng, the Assistant General Manager of the Research and Development Department at Huashang Fund, with a core investment philosophy of "upholding value, embracing change, and dynamic balance" [1][6]. - The fund will allocate 60%-95% of its assets to stocks, with a maximum of 50% of stock assets invested in Hong Kong Stock Connect targets [10]. Manager Profile - Ye Feng holds a master's degree from Peking University and has over 8 years of experience in the securities industry, including 3.5 years in securities investment [3][9]. - Ye Feng employs a "dynamic balance approach" in managing portfolios, focusing on quality growth stocks when they are relatively cheap and reliable value opportunities when value stocks are undervalued [9]. Investment Strategy - The fund aims to maintain a balanced industry exposure while concentrating on select stocks to manage potential market volatility and risks, striving for reasonable returns while controlling drawdowns [10]. - Ye Feng plans to focus on opportunities within the AI industry and its sub-sectors, while also considering investments in AI applications, AI + new energy, innovative pharmaceuticals, non-ferrous metals, and certain cyclical sectors [9][10]. Performance Metrics - Huashang Fund's actively managed equity funds have demonstrated strong performance, achieving a 90.58% absolute return over the past five years, ranking 5th among 139 comparable fund companies, and a 341.72% return over seven years, ranking 4th among 121 comparable companies [10].