Core Viewpoint - The net asset of Da Cheng Fund's Da Cheng CSI A50 ETF (159595) decreased by 33.50% to 4.156 billion yuan as of June 30, 2025 [1] Group 1: Fund Performance - The fund's net asset as of June 30, 2025, is 4.156 billion yuan, down from the previous period [1] - The fund's recent three-month return is 7.55%, the one-year return is 17.54%, and the cumulative return since inception is 19.34% [3] - The top ten stock holdings account for a total of 54.01% of the fund's portfolio, including major companies like Kweichow Moutai and CATL [3] Group 2: Fund Management - The fund manager, Li Shao, has a master's degree in economics and has been with Da Cheng Fund since May 2015, currently serving as the Director of the Futures Investment Department [2] - Li Shao has held various positions in major financial institutions, including the Dalian Commodity Exchange and the China Financial Futures Exchange [2] - Da Cheng Fund Management Co., Ltd. was established in April 1999, located in Shenzhen, with a registered capital of 200 million yuan [3]

截至2025年6月30日，易方达基金旗下易方达货币B（110016）期末净资产45.16亿元，比上期减少 11.90%，该基金经理为石大怿。 简历显示，石大怿先生:经济学硕士。曾任南方基金管理有限公司交易管理部交易员,易方达基金管理有 限公司集中交易室债券交易员、固定收益部基金经理助理。现任易方达基金管理有限公司易方达天天理 财货币市场基金基金经理(自2013年3月4日起任职)、易方达货币市场基金基金经理(自2013年4月22日起 任职)、易方达保证金收益货币市场基金基金经理(自2013年4月22日-2022年4月8日)、易方达易理财货币 市场基金基金经理(自2013年10月24日起任职)、易方达天天增利货币市场基金基金经理(自2014年6月25 日-2022年4月8日)、易方达现金增利货币市场基金基金经理(自2015年2月5日起任职)、易方达天天发货 币市场基金基金经理(自2017年2月16日起任职)、易方达安瑞短债债券型证券投资基金基金经理(自2018 年11月14日起任职)、易方达恒安定期开放债券型发起式证券投资基金基金经理助理(2018年6月15日至 2023年9月22日)。曾任南方基金管理有限公司交 ...

日期期间申购（亿份）期间赎回（亿份）期末总份额（亿份）期末净资产（亿元）净资产变动率2025- 06-300.000.010.020.02-24.80%2025-03-310.000.000.020.02-2.54%2024-12-310.000.020.020.02-47.96%2024- 09-300.000.020.040.04-27.77% 数据显示，该基金近3个月收益率0.35%，近一年收益率1.54%，成立以来收益率为26.92%。 天眼查商业履历信息显示，中银基金管理有限公司成立于2004年8月，位于上海市，是一家以从事资本 市场服务为主的企业。注册资本10000万人民币，法定代表人为章砚。 截至2025年6月30日，中银基金旗下中银机构现金管理货币A（002195）期末净资产41.36亿元，比上期 增加7.16%，该基金经理为蔡静。 简历显示，蔡静先生:硕士研究生,曾任兴业银行总行计划财务部交易经理。2019年加入中银基金管理有 限公司。2020年3月2日任中银机构现金管理货币市场基金基金经理。2020年3月2日任中银货币市场证券 投资基金基金经理。2020年8月17日起担任中银薪钱包货币市场 ...

Group 1 - The China Securities Regulatory Commission (CSRC) Beijing Bureau issued a warning letter to Beijing Yong'an Wealth Investment Fund Management Co., Ltd. for failing to fulfill its duties in managing and utilizing private fund assets [1][3] - The company violated Article 4, Paragraph 1 of the Interim Measures for the Supervision and Administration of Private Investment Funds, which mandates that fund managers must act with diligence, honesty, and prudence [1][3] - The CSRC emphasized the need for the company to enhance compliance awareness and capabilities, improve information disclosure, fund exit strategies, and investor communication to protect investors' legitimate rights and interests [3][4] Group 2 - The company is required to submit a written rectification report to the CSRC within 30 days of receiving the decision [4] - If the company disagrees with the supervisory measures, it can apply for administrative reconsideration within 60 days or file a lawsuit within six months [4] - The supervisory measures will remain in effect during the reconsideration and litigation periods [4]

Core Viewpoint - The report provides an overview of the performance and investment strategy of the Bosera ESG Quantitative Stock Selection Mixed Securities Investment Fund for the second quarter of 2025, highlighting its focus on ESG themes and quantitative investment strategies to achieve long-term asset appreciation while managing risks [1][2][3]. Fund Overview - Fund Name: Bosera ESG Quantitative Stock Selection Mixed Fund [3] - Fund Manager: Bosera Fund Management Co., Ltd. [3] - Fund Custodian: Standard Chartered Bank (China) Co., Ltd. [3] - Total Fund Shares at Reporting Period End: 489,693,664.75 shares [3] - Investment Objective: To achieve investment returns that exceed the performance benchmark while seeking long-term asset appreciation [3]. Investment Strategy - The fund employs a quantitative model to select ESG-themed securities while strictly controlling risks [3]. - The investment strategy includes asset allocation, stock investment, bond investment, asset-backed securities investment, derivatives investment, and participation in financing business [3]. - The fund aims to dynamically adjust asset allocation ratios based on macroeconomic cycle research to avoid systemic risks [3]. Performance Metrics - Performance Benchmark: 75% of the CSI 800 ESG Index return + 5% of the CSI Hong Kong Stock Connect Comprehensive Index (RMB) return + 20% of the China Bond Composite Wealth Index return [3]. - The fund's risk-return characteristics are higher than bond funds and money market funds but lower than equity funds [3]. Financial Indicators - A Class Fund Net Value as of June 30, 2025: 1.3447 RMB, with a net value growth rate of 43.04% over the past year [11]. - C Class Fund Net Value as of June 30, 2025: 1.3276 RMB, with a net value growth rate of 42.29% over the past year [11]. Investment Portfolio - Total Assets in Stocks: 614,998,467.51 RMB, accounting for 93.35% of total fund assets [12]. - Investment in Hong Kong Stocks via Stock Connect: 273,101,724.86 RMB, representing 41.72% of net asset value [12]. - The fund's top sectors include manufacturing (37.07%), information technology (13.40%), and finance (10.22%) [12][13]. Market Environment - The report notes increased volatility in the stock market, with small-cap stocks outperforming large-cap stocks during the reporting period [10]. - The CSI 300 Index rose by 1.25%, while the CSI 500 and CSI 1000 increased by 0.98% and 2.08%, respectively [10]. - The fund's strategy includes a differentiated selection approach for A-share and Hong Kong markets, focusing on risk control and long-term effective factors [11].

Core Viewpoint - The report provides an overview of the performance and management of the Hua Bao Zhong Zheng All-Index Agricultural, Animal Husbandry, and Fishery Index Fund for the second quarter of 2025, highlighting its investment strategy, financial indicators, and market conditions affecting the fund's performance [1][2][3]. Fund Overview - Fund Name: Hua Bao Zhong Zheng All-Index Agricultural, Animal Husbandry, and Fishery Index Fund - Fund Manager: Hua Bao Fund Management Co., Ltd. - Fund Custodian: Shanghai Pudong Development Bank Co., Ltd. - Total Fund Shares at Period End: 114,137,173.13 shares [1][2]. - Investment Objective: To closely track the performance of the benchmark index with minimal tracking deviation and error [2][3]. Financial Indicators and Fund Performance - The fund's net value growth rate for Class A shares was 6.00% over the past three months, while Class C shares had a growth rate of 5.92% [6][14]. - The performance benchmark for the fund is defined as the return of the Zhong Zheng All-Index Agricultural, Animal Husbandry, and Fishery Index multiplied by 95% plus the after-tax return of RMB bank demand deposits multiplied by 5% [6][14]. - The fund's performance over various periods includes: - Last three months: 6.00% (A), 5.92% (C) - Last six months: 4.30% (A), 4.14% (C) - Last year: 5.58% (A), 5.27% (C) - Since fund inception: -24.26% (A), -25.06% (C) [6][14]. Investment Strategy - The fund employs a passive index investment strategy, primarily using a full replication method to track the benchmark index's performance [3][14]. - The fund aims to keep the absolute value of daily tracking deviation within 0.35% and annual tracking error within 4% [3][14]. Market Conditions - The report notes a moderate recovery in the domestic macroeconomic environment, with supportive fiscal and monetary policies being implemented [13]. - The A-share market exhibited structural trends, with significant performance differences across sectors during the second quarter of 2025 [13]. - The Zhong Zheng Agricultural, Animal Husbandry, and Fishery Index increased by 5.61% during the reporting period [13].

华宝致远混合型证券投资基金（QDII） 本报告中财务资料未经审计。 本报告期自 2025 年 04 月 01 日起至 06 月 30 日止。 基金简称 华宝致远混合 基金主代码 008253 基金运作方式 契约型开放式 基金管理人：华宝基金管理有限公司 基金托管人：交通银行股份有限公司 报告送出日期：2025 年 7 月 21 日 华宝致远混合 2025 年第 2 季度报告 §1 重要提示 基金管理人的董事会及董事保证本报告所载资料不存在虚假记载、误导性陈述或重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带责任。 基金托管人交通银行股份有限公司根据本基金合同规定，于 2025 年 07 月 17 日复核了本报告 中的财务指标、净值表现和投资组合报告等内容，保证复核内容不存在虚假记载、误导性陈述或 者重大遗漏。 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利。 基金的过往业绩并不代表其未来表现。投资有风险，投资者在作出投资决策前应仔细阅读本 基金的招募说明书。 基金合同生效日 2019 年 11 月 27 日 报告期末基金份额总额 253,624,437.64 份 ...

Core Viewpoint - The report provides an overview of the performance and management of the ICBC Credit Suisse Wealth Fast Track Money Market Fund for the second quarter of 2025, highlighting its investment strategies, financial indicators, and market conditions affecting fund performance [1][14]. Fund Product Overview - The fund is a contract-based open-end money market fund, with a total share of approximately 17.98 billion units at the end of the reporting period [2]. - The investment objective is to achieve returns exceeding the benchmark while controlling risks and maintaining asset liquidity [2]. - The fund employs various investment strategies, including interest rate strategies, credit strategies, and relative value strategies, to capitalize on market imbalances [2]. - The benchmark for performance comparison is the after-tax interest rate of the seven-day notice deposit published by the People's Bank of China [2]. Financial Indicators and Fund Performance - For the reporting period from April 1 to June 30, 2025, the fund's A share net yield was 0.3209%, while the B share net yield was 0.3809% [15][7]. - The fund's performance over different time frames shows a net yield of 1.3989% for the past year for A shares and 1.6425% for B shares [5][7]. - The fund's total assets are primarily invested in bonds, accounting for 58.53% of the total assets [16]. Management Report - The fund manager has maintained a neutral to high level of remaining maturity in the portfolio, adjusting liquidity reserves and leverage based on market conditions [14]. - The report indicates that the fund has adhered to legal regulations and internal guidelines to ensure fair treatment of all investors and prevent conflicts of interest [11][12]. Investment Portfolio Report - The average remaining maturity of the investment portfolio was 114 days during the reporting period, with no instances exceeding 120 days [18]. - The fund's investment strategy focuses on maintaining high credit quality and controlling interest rate risk exposure [14]. Fund Share Changes - The total number of shares for A shares increased from approximately 17.04 billion to 17.26 billion, while B shares totaled approximately 720.36 million at the end of the reporting period [23].

Core Insights - The report provides an overview of the performance and strategy of the ICBC Credit Suisse Balanced Pension Target Three-Year Holding Period Mixed Fund of Funds (FOF) for the second quarter of 2025, emphasizing its focus on balanced asset allocation to achieve stable long-term returns [1][2]. Fund Overview - Fund Name: ICBC Credit Suisse Balanced Pension Target Three-Year Holding Period Mixed FOF - Fund Manager: ICBC Credit Suisse Fund Management Co., Ltd. - Fund Custodian: China Merchants Bank Co., Ltd. - Total Fund Shares at Period End: 223,794,332.14 shares [1]. - Investment Objective: To achieve better risk-adjusted returns through balanced asset allocation while diversifying investment risks [1][2]. Investment Strategy - The fund employs a target risk strategy for asset allocation, focusing on long-term risk-return characteristics and investment positioning of various asset classes [1]. - The strategy includes strategic asset allocation, tactical asset allocation, and disciplined rebalancing [1]. - The fund can invest in securities investment funds, stocks, and bonds, with a focus on bottom-up selection of investment targets [1][2]. Performance Metrics - The fund's A share net value growth rate for the past three months was 2.91%, while the Y share growth rate was 2.99% [7]. - The performance benchmark for the fund is a combination of the CSI 800 Index and the China Bond New Comprehensive Index, each contributing 50% [1]. - The fund's performance over the past year showed a net value growth rate of 13.80% for A shares and 14.22% for Y shares [2][7]. Financial Indicators - The fund's profit for the reporting period (April 1, 2025, to June 30, 2025) is derived from realized gains and fair value changes [2]. - The fund's total assets include a significant portion in bonds, with specific figures indicating a total bond investment of 10,646,718.41 RMB, representing 5.09% of total assets [8]. Market Conditions - The domestic macroeconomic environment remains stable but faces pressure, with expectations of around 5% economic growth for the second quarter of 2025 [6]. - The report highlights weak demand reflected in price data, with CPI remaining flat and PPI continuing to show negative growth [6][7]. - The market experienced fluctuations due to tariff events but showed signs of recovery, with structural performance differences across sectors [7]. Fund Management - The fund management team is committed to adhering to legal regulations and internal guidelines to ensure fair treatment of all investors [4][5]. - The report indicates no significant adverse events affecting the fund's investments during the reporting period [10].

摩根时代睿选股票型证券投资基金 基金管理人：摩根基金管理（中国）有限公司 基金管理人的董事会及董事保证本报告所载资料不存在虚假记载、误导性陈述或重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带责任。 基金托管人中国工商银行股份有限公司根据本基金合同规定，于 2025 年 7 月 18 日复核了本 报告中的财务指标、净值表现和投资组合报告等内容，保证复核内容不存在虚假记载、误导性陈 述或者重大遗漏。 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利。 基金的过往业绩并不代表其未来表现。投资有风险，投资者在作出投资决策前应仔细阅读本 基金的招募说明书。 本报告中财务资料未经审计。 本报告期自 2025 年 4 月 1 日起至 6 月 30 日止。 §2 基金产品概况 基金简称 摩根时代睿选股票 基金主代码 014341 基金运作方式 契约型开放式 基金合同生效日 2023 年 6 月 13 日 报告期末基金份额总额 64,806,245.22 份 通过把握资产轮动、产业策略与经济周期相联系的规 律，挖掘经济周期波动中强势行业中具有核心竞争优 投资目标 势的上市公司，力求 ...