Core Viewpoint - The report provides an overview of the performance and management of the Dongfang Hong Money Market Fund for the second quarter of 2025, highlighting its investment strategy, financial indicators, and net asset value performance. Fund Product Overview - The Dongfang Hong Money Market Fund is managed by Shanghai Dongfang Securities Asset Management Co., Ltd. and is custodied by Industrial and Commercial Bank of China Limited. The fund aims to ensure high liquidity of assets while pursuing stable returns that exceed the performance benchmark [3][4]. Financial Indicators and Fund Net Value Performance - For the reporting period from April 1, 2025, to June 30, 2025, the fund's A class net value yield was 0.3307%, B class was 0.3908%, C class was 0.3308%, D class was 0.3683%, and E class was 0.3908%, all outperforming the benchmark yield of 0.0873% [15]. - The total fund assets at the end of the reporting period amounted to approximately 30.17 billion RMB [4]. Investment Strategy - The fund employs an active investment strategy based on predictions of short-term interest rate changes, utilizing both qualitative and quantitative analyses to achieve stable current returns while controlling risks and ensuring liquidity [5][14]. Management Report - The fund management team has adhered to relevant laws and regulations, ensuring fair treatment of all funds managed and maintaining a focus on maximizing the interests of fund shareholders [13][19]. Investment Portfolio Report - The fund's investment portfolio at the end of the reporting period included approximately 60.52% in bonds, with a focus on maintaining a balanced and liquid asset allocation [16][17]. - The average remaining maturity of the investment portfolio was 93 days, indicating a strategy focused on short-term investments [17]. Other Important Information - The fund did not experience any significant trading anomalies during the reporting period, and there were no instances of the fund's net asset value falling below the required thresholds [15][19].

Core Insights - The total assets of money market funds in the United States have reached $7.02 trillion, indicating significant growth in this investment vehicle [1] Group 1 - The data is provided by the Investment Company Institute (ICI), highlighting the authoritative source of the information [1] - The increase in money market fund assets reflects a trend towards safer investments amid market volatility [1] - The current asset level signifies a robust demand for liquidity and capital preservation strategies among investors [1]

Core Insights - The asset size of money market funds has increased to $7.023 trillion [1] Group 1 - The data is provided by the Investment Company Institute (ICI) [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 (一)投资目标与投资策略 ■ (二)投资组合资产配置图表/区域配置图表 投资组合资产配置图表 编制日期：2025年4月2日 送出日期：2025年4月7日 本概要提供本基金的重要信息，是招募说明书的一部分。 作出投资决定前，请阅读完整的招募说明书等销售文件。 一、产品概况 ■ 二、基金投资与净值表现 ■ (三)自基金合同生效以来基金每年的净值收益率及与同期业绩比较基准的比较图 ■ 注：1、本基金成立于2021年11月22日；2、基金的过往业绩不代表未来表现；3、产品2021年数据非完 整年度数据。 三、投资本基金涉及的费用 （一）基金销售相关费用 以下费用在申购/赎回基金过程中收取： ■ （二）基金运作相关费用 以下费用将从基金资产中扣除： ■ 注：1、本基金交易证券、基金（如有）等产生的费用和税负，按实际发生额从基金资产扣除。 2、披露相关费用年金额的为基金整体承担费用，非单个份额类别费用，且年金额为预估值，单位为 元，最终实际金额以基金定期报告披露为准。 3、如果以0.90%的管理费计算的七日年化暂估收益率小于或等于2倍活期存款利率，基金 管理人将调整管理费 ...

Announcement Information - The announcement date is April 3, 2025 [3] - The total distributable profit for this period is 42,592,850.62 yuan, with a distribution amount of 42,592,850.62 yuan, resulting in a distribution ratio of 100% [1] Distribution and Redemption Information - The fund does not include dividend reinvestment, hence there is no situation of profit transfer to fund shares [1] - Investors who purchase fund shares on the same day will enjoy distribution rights from the next working day, while those who redeem shares on the same day will not enjoy distribution rights [1] - Cash earnings will be paid to investors only if their cumulative actual undistributed earnings are positive; if zero, no cash earnings will be paid, and if negative, the corresponding fund shares will be reduced [1]

Core Viewpoint - The report provides a comprehensive overview of the Ping An Money Market Fund's performance, management, and financial metrics for the year 2024, highlighting its focus on risk control and liquidity management while striving for stable returns. Group 1: Fund Overview - Fund Name: Ping An Money Market Fund [1] - Fund Manager: Ping An Fund Management Co., Ltd. [1] - Fund Custodian: Ping An Bank Co., Ltd. [1] - Fund Operation Type: Contractual open-end [1] - Fund Contract Effective Date: December 7, 2016 [1] - Total Fund Shares at Year-End: 14,833,343,541.23 shares [1] Group 2: Financial Performance - Total Net Asset Value at Year-End: 7,371.89 million RMB [2] - Fund Share Net Value at Year-End: 1.0000 [2] - Annualized Yield for Ping An Money Market A: 1.8625% [12] - Annualized Yield for Ping An Money Market C: 1.6591% [3] - Annualized Yield for Ping An Money Market D: 0.4369% [12] Group 3: Investment Strategy - Investment Objective: To achieve stable returns exceeding the performance benchmark while strictly controlling investment risks and maintaining high liquidity [1] - Investment Strategy: Adjusting the fund's investment portfolio based on predictions of short-term interest rate changes, with a focus on qualitative and quantitative analysis of various investment types [1] Group 4: Management and Compliance - Management Company Established: January 7, 2011, with a registered capital of 1.3 billion RMB [4] - Total Public Fund Management: 215 funds with total assets under management of approximately 637.1 billion RMB as of December 31, 2024 [4] - Compliance with Regulations: The fund management strictly adheres to relevant laws and regulations, ensuring the protection of fund holders' interests [14][16] Group 5: Audit and Custody - Auditor: Ernst & Young Hua Ming [17] - Audit Opinion: Standard unqualified opinion on the financial statements [17] - Custodian's Compliance: The custodian, Ping An Bank, has fulfilled its duties without harming the interests of fund holders [16]