Core Viewpoint - The comprehensive fee reform in the public fund industry has been fully implemented, leading to a continuous trend of fee reductions among various funds to lower investment costs for investors and enhance their return experience [1][7]. Group 1: Fee Reductions Announced - Multiple funds have announced fee reductions, including Huaxia Fund, which lowered the management fee from 0.50% to 0.15% and the custody fee from 0.10% to 0.05%, representing a reduction of 70% and 50% respectively [3][5]. - Tianhong Fund reduced its management fee from 0.70% to 0.30% and custody fee from 0.15% to 0.05%, with reductions of 57.1% and 66.7% respectively [5]. - Other funds, such as GF Fund and Huatai Baoxing, have also announced similar fee reductions, contributing to a broader trend of decreasing fund fees across the market [6]. Group 2: Impact of Fee Reform - As of January 1, 2026, the implementation of the "Publicly Raised Securities Investment Fund Sales Expense Management Regulations" marks the completion of a two-year fee reform process, resulting in a significant increase in the number of low-fee funds [7]. - Currently, nearly 1,200 funds have an annual management fee of 0.15% or lower, while over 2,400 funds have a custody fee of 0.05% or lower, primarily consisting of stock index funds, bond funds, and money market funds [7]. - The fee reform is seen as a systemic and structural transformation of the industry, shifting the focus from scale expansion to service enhancement, which is expected to promote sustainable development in the long term [8].

登录新浪财经APP 搜索【信披】查看更多考评等级 公告送出日期：2026年1月23日 一、公募REITs基本信息 ■ 二、2025年12月主要运营数据 2025年12月，不动产项目公司整体运营情况良好，无安全生产事故，本跨海大桥通行费收入来源分散， 无重要现金流提供方，外部管理机构未发生变动。2025年12月1日至2025年12月31日期间，杭州湾跨海 大桥项目主要运营数据如下： 截至目前，本基金投资运作正常，无应披露而未披露的重大信息，基金管理人将严格按照法律法规及基 金合同的规定进行投资运作，履行信息披露义务。 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，也不保证 最低收益。基金的过往业绩及其净值高低并不预示其未来业绩表现。基金管理人提醒投资者基金投资 的"买者自负"原则，在做出投资决策后，基金运营状况与基金净值变化引致的投资风险，由投资者自行 负担。销售机构根据法规要求对投资者类别、风险承受能力和基金的风险等级进行划分，并提出适当性 匹配意见。投资者在投资本基金前，应当认真阅读本基金基金合同、招募说明书、基金产品资料概要等 法律文件，全面认识本基金的风险收益特征和产 ...

特此公告。 本公司董事会及董事保证基金季度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。 东兴基金管理有限公司旗下东兴改革精选灵活配置混合型证券投资基金、东兴蓝海财富灵活配置混合型 证券投资基金、东兴安盈宝货币市场基金、东兴兴利债券型证券投资基金、东兴兴福一年定期开放债券 型证券投资基金、东兴未来价值灵活配置混合型证券投资基金、东兴兴瑞一年定期开放债券型证券投资 基金、东兴兴财短债债券型证券投资基金、东兴鑫远三年定期开放债券型证券投资基金、东兴中证消费 50指数证券投资基金、东兴兴晟混合型证券投资基金、东兴宸瑞量化混合型证券投资基金、东兴鑫享6 个月滚动持有债券型发起式证券投资基金、东兴兴盈三个月定期开放债券型证券投资基金、东兴兴源债 券型证券投资基金、东兴宸祥量化混合型证券投资基金、东兴连裕6个月滚动持有债券型证券投资基 金、东兴连众一年持有期混合型证券投资基金、东兴数字经济混合型发起式证券投资基金、东兴鑫颐3 个月滚动持有纯债债券型证券投资基金、东兴成长优选混合型发起式证券投资基金、东兴医药生物量化 选股混合型证券投资基金、东兴兴诚利率债债券型证 ...

Group 1 - The board of directors and the company guarantee that the information contained in the 2025 Q4 report of its securities investment fund does not contain false records, misleading statements, or significant omissions, and they bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content [1] - The full report of the securities investment fund managed by Jinyuan Shun'an Fund Management Co., Ltd. will be disclosed on January 22, 2026, on the company's website and the China Securities Regulatory Commission's fund electronic disclosure website for investors to review [1] - The fund manager commits to managing and utilizing fund assets with honesty, credit, diligence, and responsibility, but does not guarantee that the fund will achieve profits or minimum returns [1] Group 2 - The announcement mentions the formation of a MACD golden cross signal, indicating that certain stocks are experiencing a good upward trend [1]

太平基金管理有限公司（以下简称"本公司"）董事会及董事保证旗下货币市场基金2025年第4季度报告 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。 本公司货币市场基金2025年第4季度报告涉及基金明细如下： 太平基金管理有限公司旗下货币市场基金 2025年第4季度报告提示性公告 太平基金管理有限公司 2026年1月20日 本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，也不保 证最低收益。请充分了解基金的风险收益特征，审慎做出投资决定。 特此公告。 ■ 上述基金2025年第4季度报告全文于2026年1月20日在本公司网站（www.taipingfund.com.cn）和中国证 监会基金电子披露网站（http://eid.csrc.gov.cn/fund/）披露，供投资者查阅。如有疑问可拨打本公司客服 电话（021-61560999、400-028-8699）咨询。 ...

WisdomTree Emerging Markets Local Debt Fund (ELD US) – Portfolio Construction MethodologyThe investment process governing the actively managed WisdomTree Emerging Markets Local Debt Fund steers capital to local-currency debt issued or guaranteed by emerging-market sovereigns, agencies, and supranationals, with ≥80% of net assets normally in instruments designed to provide exposure to EM local rates and FX. The team defines the investable universe by market accessibility, settlement, and tax/regulatory feasi ...

The Nicholas Fixed Income Alternative ETF ( FIAX ) is a fund we started covering a year ago, when we went into detail in respect to the fund structure and composition. At the time we statedWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We ...

Core Viewpoint - The announcement details the addition of several sales institutions for various funds managed by Ping An Fund Management Co., Ltd., effective from January 19, 2026, allowing investors to perform various transactions through these institutions [1][8][16][23][26]. Group 1: Sales Institutions - Ping An Fund Management Co., Ltd. has signed sales agreements with Dongfang Securities Co., Ltd., Xibu Securities Co., Ltd., Founder Securities Co., Ltd., Guojin Securities Co., Ltd., and Huaxi Securities Co., Ltd. to act as sales agents for its funds starting January 19, 2026 [1][8][16][23][26]. - Investors will be able to open accounts, subscribe, redeem, invest regularly, and convert funds through these institutions from the specified date [2][9][17][27]. Group 2: Fee Discounts - Investors who subscribe or regularly invest through these sales institutions will enjoy fee discounts, with the specifics of the discount determined by the sales institutions [4][11][18][28]. - The company does not impose restrictions on the discount limits for subscription fees, regular investment fees, and conversion fees, which will be managed based on the sales institutions' provided discount rates [4][11][18][28]. Group 3: Important Notes - Regular investment is a method of fund subscription where investors can set up automatic deductions for fund purchases, with minimum deduction amounts specified in the fund's prospectus [5][12][19][29]. - Fund conversion allows investors to exchange their holdings in one fund for shares in another fund managed by the same management company, subject to the rules outlined in the fund contract [5][12][19][29]. Group 4: Contact Information - Investors can consult details through the respective sales institutions, including customer service numbers and websites for Dongfang Securities, Xibu Securities, Founder Securities, Guojin Securities, and Huaxi Securities [7][14][21][24][31].

Core Insights - The article evaluates the PIMCO California Municipal Income Fund (PCQ) as a potential investment option at the current market price, focusing on its investment in California municipal bonds [1]. Investment Strategy - The investment strategy emphasizes quality, diversification, and long-term focus, while avoiding high-risk pursuits and unverified advice [1]. - The fund aims for safe and reliable yields of approximately 8%, utilizing high-yield opportunities in the closed-end fund (CEF) and exchange-traded fund (ETF) space [1]. Fund Features - The fund primarily invests in municipal bonds, contributing to managed income portfolios that cater to both active and passive investors [1]. - A significant feature of the fund is that the majority of its holdings are monthly-payers, which facilitates faster compounding and steady income streams [1].

Group 1 - The registered capital of Shanghai Lingang New Area Private Equity Fund Management Co., Ltd. has increased from approximately 8.24 billion RMB to about 8.36 billion RMB [1] - The company was established in December 2015 and is wholly owned by Shanghai Lingang New Area Investment Holding (Group) Co., Ltd. [1] - The business scope of the company includes industrial investment, investment management, investment consulting, venture capital, private equity fund management, and venture capital fund management [1]