公告送出日期：2026年01月07日 1、 公告基本信息 ■ 注： （1）为维护基金份额持有人利益，保障基金的平稳运作，富安达基金管理有限公司（以下简称"本基金 管理人"）决定：2026年1月8日，暂停本基金代销机构申购（含定期定额投资及转换转入）业务。但涉 及以下销售机构或途径的申购和转换转入业务照常办理（排名不分先后）：平安银行股份有限公司（行 E通平台）、宁波银行股份有限公司（同业易管家平台）、招商银行股份有限公司（招赢通平台）、华 夏银行股份有限公司、上海利得基金销售有限公司、青岛意才基金销售有限公司、上海汇付基金销售有 限公司、上海天天基金销售有限公司、诺亚正行基金销售有限公司、泰信财富基金销售有限公司、北京 加和基金销售有限公司、通华财富（上海）基金销售有限公司、京东肯特瑞基金销售有限公司。富安达 基金直销平台相关业务正常办理。 （2）在本基金暂停申购（含定期定额投资及转换转入）业务期间，本基金管理人将正常办理本基金的 赎回和转换转出业务。 （3）2026年1月9日起本基金代销渠道将恢复办理申购（含定期定额投资及转换转入）业务，届时将不 再另行公告。 2、 其他需要提示的事项 特此公告。 富安达基 ...

Core Insights - The public fund industry is experiencing a significant transformation, with a notable increase in fund performance, as evidenced by one fund achieving over 200% growth and 89 funds doubling their performance in 2025 [1] - Investors are encouraged to adapt their understanding of fund selection as the industry shifts towards a more integrated and platform-based investment research model [1] Group 1: Market Trends - The public fund market is entering a tool-oriented era, necessitating changes in traditional investment strategies to adapt to market conditions [2] - There is a simultaneous expansion of active equity funds and passive products like ETFs, leading to a complex selection environment for investors [2] - The role of public funds is evolving from being a vehicle for fund managers' investment philosophies to a functional tool for investors, requiring a shift in selection logic from focusing on individual high-performing funds to precise matching of investment needs [2] Group 2: Fund Management Strategy - Fund companies are shifting focus from cultivating all-round fund managers to developing specialized professionals in niche areas, categorized by investment styles such as value, growth, and various sub-strategies [3] - This strategic change aims to enhance research efficiency and provide investors with more accurate allocation tools, making the traditional model of relying solely on fund managers obsolete [3] - Professional financial advisors are now advocating for a balanced approach to investment, emphasizing core positioning with satellite opportunities to mitigate concentration risks and market volatility [3] Group 3: Investor Guidance - Investors are urged to abandon outdated practices of chasing high-performing funds and idolizing star fund managers, instead adopting a tool-based and balanced investment philosophy [4] - Utilizing professional tools and services is essential for achieving long-term stable financial management through public fund products [4]

Group 1 - The core viewpoint of the news is that Xicheng District is set to establish a "one axis, six cores, and three belts" consumption space pattern by 2026, aiming to enhance its status as an international consumption center city [3][4] - In 2025, the "Two Zones" project in Xicheng is expected to achieve a landing amount of 209.12 billion yuan, marking the first in the city for five consecutive years, and it has been rated as A-level in the city's "Two Zones" construction evaluation [1][3] - The district's foreign direct investment utilization exceeded 400 million USD, and its total import and export volume ranked second in the city [1][3] Group 2 - Xicheng District is enhancing its cross-border financial service capabilities and expanding the coverage of tax refund stores to improve international consumer experiences [2][3] - The district plans to implement measures to boost commercial vitality, including policies for consumption promotion, support for time-honored brands, and the issuance of consumption vouchers [3][4] - The financial sector in Xicheng achieved an added value of 230.77 billion yuan in the first three quarters of 2025, accounting for 34.4% of the city's financial industry [6][7] Group 3 - Xicheng aims to create a high-quality fund aggregation area by attracting national-level industrial funds and venture capital, while also supporting the development of state-owned enterprise funds [7][8] - The district is set to enhance its digital economy by developing a "China Data Street" and implementing a development plan for a global digital economy benchmark city [8][9] - Xicheng will deepen cooperation in data utilization across various sectors, including finance, education, and healthcare, to drive regional economic and social development [8][9]

Core Viewpoint - The performance of oil funds has been lackluster compared to the significant gains seen in gold and silver funds, raising questions about when oil funds will rebound [1][5]. Group 1: Fund Performance - In 2025, commodity fund performance has shown divergence, with the Guotou Ruijin Silver LOF leading with over 130% gains, while multiple gold funds have increased by over 50% [1][6]. - Conversely, several oil funds have reported losses exceeding 5%, with three oil funds experiencing losses over 10%, the largest being E Fund Oil with a loss of over 13% [5][6]. Group 2: Oil Price Trends - Over the past year, gold and silver prices have reached new highs, while international oil prices have remained under pressure, fluctuating between $50 and $80 per barrel, with the latest price at $63.12 per barrel [3][4]. - The oil market is currently characterized by a weak state, primarily influenced by expectations of oversupply, as OPEC and emerging oil-producing countries have increased production, coupled with high U.S. shale oil output [9][10]. Group 3: Market Analysis - Analysts suggest that the current oil market is in a bottoming phase, with the potential for a rebound if U.S. demand and economic growth accelerate alongside global industrial recovery [9][10]. - Long-term investment in oil funds may yield substantial returns if viewed through a 10 to 20-year horizon, although uncertainties regarding future demand due to energy revolutions exist [10].

【重点关注】 ·商务部：禁止所有两用物项对日本军事用户用途出口 ·惠及4.94亿人次！以旧换新政策带动消费品销售额3.92万亿元 ·国家发展改革委：1月6日国内成品油价格按机制不作调整 ·据国家发展改革委1月6日消息，自2025年12月22日国内成品油价格调整以来，国际市场油价小幅波动，按现行国内成品油价格机制测算， 2026年1月6日的前10个工作日平均价格与2025年12月22日前10个工作日平均价格相比，调价金额每吨不足50元。根据《石油价格管理办法》第 七条规定，本次汽、柴油价格不作调整，未调金额纳入下次调价时累加或冲抵。 ·国家药监局1月6日发布公告，加强上市药品委托生产监管，明确各方义务和责任，督促委托生产的药品上市许可持有人和受托生产企业共同 履行保障药品质量安全的主体责任。公告主要包括强化受托生产企业责任、加强受托生产监督管理和其他事项三个部分的内容，并以附件形式 对《药品受托生产意见书》申请资料、出具要求和出具模板予以明确。 ·1月5日至6日召开的全国应急管理工作会议指出，2026年要持续完善灾害预警响应机制，推动建设空、天、地一体化自然灾害监测系统，健全 灾害群测群防机制，强化预警和响应联 ...

写在文章前的声明：在本文之前的说明：本文中所列的投资信息，只是一个对基金资产净值进行排行的客观描述，并无主观倾向性，也不是投资建议，纯属 娱乐性质。 一顿操作猛如虎，基金净值已更新，谁是基金中的王者，谁又垫底，请看数据： | 基金简称 PK | | | 最新净在线 手段时间原因人 | | | --- | --- | --- | --- | --- | | 1 | 华银健康生 ... 置 | 1.3730 | 6.77% | 8 | | | 001056 | 2026-1-6 | | | | 2 | 金鹰周期优 ... A | 0.8175 | 6.56% | 8 | | | 004211 | 2026-1-6 | | | | 3 | 金鹰周期优 ... C | 0.8063 | 6.55% | 8 | | | 019748 | 2026-1-6 | | | | 4 | 东财景气驱 ... C | 1.6351 | 6.35% | | | | 019144 | 2026-1-6 | | | | 5 | 东财景气驱...A | 1.6549 | 6.35% | | | | 019143 | 2026-1-6 | ...

Group 1 - The core viewpoint of the articles highlights the strong demand for professional asset allocation, as evidenced by the rapid fundraising of FOF products at the beginning of 2026 [1][2] - Two FOF products, Wanji Qi Tai and Guangfa Yue Ying, achieved "one-day sell-out" and "two-day completion" respectively, indicating a favorable market environment for FOFs [1] - The current market conditions, including a relatively loose funding environment and a recovery in risk appetite, are conducive to the successful launch and fundraising of FOF products [1][2] Group 2 - Analysts suggest that the demand for diversified and stable investment options is increasing due to the ongoing decline in deposit rates, making FOFs an attractive choice for investors [2] - The trend towards lower fees in the public fund sector is extending to FOFs, particularly in bond-type FOFs, which may enhance their long-term appeal to cost-sensitive investors [2] - The growth of pension FOFs is expected to benefit from the personal pension system, positioning them as key players in asset allocation and market expansion [2]

Group 1 - The core value and future direction of actively managed equity funds are under scrutiny as the public fund industry enters a new phase guided by the "Action Plan for Promoting High-Quality Development of Public Funds" [1] - The investment logic is expected to shift back towards balanced allocation and individual stock research, with a focus on embracing AI and other technological tools to create a differentiated competitive edge [1][4] Group 2 - The "Action Plan" emphasizes the strengthening of performance benchmarks, which will lead to three positive changes in the operation of actively managed equity funds: a shift away from excessive deviation from benchmarks, a closer relationship between fund performance and stock-picking ability, and better satisfaction of investors' demand for stable absolute returns [2] - The investment strategy should focus on accompanying excellent companies' growth rather than chasing market styles, with a methodology that includes assessing industry lifecycle, potential growth space, and sustainable profit models [3] Group 3 - The integration of fundamental research with AI technology is anticipated to enhance the investment methods and product forms of actively managed equity funds, allowing for more effective long-term fundamental analysis and improved information gathering [4] - Innovations in product design and investor engagement are expected, including more precise benchmarks reflecting risk-return characteristics and educational services aimed at countering human weaknesses in investment behavior [5]

Group 1 - Several public fund institutions have announced the suspension of large-scale subscriptions, conversions, and regular investment business for their bond funds, with Tianhong Fund stating it will stop accepting single fund share subscriptions exceeding 5 million yuan from January 7, 2026 [1] - The suspension of large subscriptions is aimed at protecting the interests of fund holders and maintaining strategy stability, especially in a volatile bond market with low yields [1][2] - Multiple bond funds have increased the precision of their net asset value (NAV) to eight decimal places, rounding the ninth decimal place, to provide a more accurate measurement of the actual value of fund shares [1][2] Group 2 - The increase in NAV precision enhances transparency and trust among investors, particularly during significant redemption events, preventing potential losses due to insufficient decimal precision [2] - Despite recent market volatility affecting bond fund performance, some industry insiders hold a more optimistic view for the bond market in 2026, anticipating a resonant upward trend in both stock and bond markets [2] - Fund managers' measures to suspend large subscriptions and enhance NAV precision are intended to strengthen the stability and fair valuation of bond funds, laying a foundation for long-term asset appreciation for investors [2]

Core Viewpoint - The article discusses the recent appreciation of the Chinese Yuan against the US Dollar, primarily driven by the decline in US interest rates, and its implications for various financial markets including US bonds, US stocks, and Chinese assets [3][4][19]. Group 1: Currency Trends - Over the past year, the Chinese Yuan has appreciated significantly against the US Dollar, mainly due to the decrease in US interest rates [3]. - The decline in US interest rates has narrowed the interest rate differential between the US Dollar and the Yuan, facilitating the Yuan's appreciation [4]. - The US Dollar Index, which measures the Dollar's value against a basket of major currencies, reflects the Dollar's performance in the international currency market [6]. Group 2: Impact of Interest Rates on Currency - The cycle of interest rates is closely related to currency exchange rates; during periods of US interest rate hikes, the Dollar tends to appreciate, while during rate cuts, it depreciates [7][8]. - The Federal Reserve's significant interest rate hikes from 2021 to 2022 resulted in a 25%-30% appreciation of the Dollar against other currencies [8]. - Following the Fed's first rate cut in September 2024, the Dollar has depreciated against other currencies, including the Yuan [9]. Group 3: Effects on Financial Markets - Rising interest rates typically lead to a bear market in bonds, as higher rates decrease bond market values [11]. - The bond market has shown a slow bullish trend since the Fed's rate cut in September 2024, with bond index funds beginning to recover [12]. - The overall US stock market has also seen an upward trend since the onset of the rate cut cycle in September 2024 [16]. Group 4: Influence on Chinese Assets - Changes in US interest rates affect the exchange rate, which in turn impacts A-shares and Hong Kong stocks [18]. - The previous US interest rate hike cycle led to significant depreciation of other currencies, causing capital outflows and increased volatility in weaker markets like Hong Kong [18]. - Since the rate cut cycle began in September 2024, the Yuan's appreciation has attracted capital inflows into Chinese assets, boosting both A-shares and Hong Kong stocks [19][20]. Group 5: Investment Strategies - Interest rates are short-term factors that can create opportunities for undervalued buying and overvalued selling in the market [22]. - A rising Dollar often leads to asset price declines, presenting buying opportunities during bear markets, while a falling Dollar can lead to price increases, creating selling opportunities during bull markets [22]. - Long-term investment strategies should focus on the intrinsic value and valuation of stocks, as interest and exchange rate fluctuations primarily provide opportunities for buying low and selling high [27].