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：2025年12月26日 1.公告基本信息 ■ 2、正常情况下，本基金每个交易日开放申购，但对于每份基金份额，每个运作期到期日前，基金份额 持有人不能提出赎回申请。在每份基金份额的每个运作期到期日，基金份额持有人可提出赎回申请。如 果基金份额持有人在当期运作期到期日未申请赎回或赎回被确认失败，则该基金份额将自该运作期到期 日下一日起自动进入下一个运作期。本基金认购份额的首个赎回申请起始日为2025年12月30日。 2.日常赎回业务的办理时间 对于每份基金份额，基金管理人仅在该基金份额的每个运作期到期日为基金份额持有人办理赎回，具体 办理时间为上海证券交易所、深圳证券交易所的正常交易日的交易时间，但基金管理人根据法律法规、 中国证监会的要求或基金合同的规定公告暂停赎回时除外。 由于各基金销售机构系统及业务安排等原因，开放日的具体业务办理时间可能有所不同，投资人应参照 各基金销售机构的具体规定。若出现新的证券/期货交易市场、证券/期货交易所交易时间变更或其他特 殊情况，基金管理人将视情况对前述开放日及开放时间进行相应的调整，但应在实施日前依照《公开募 ...

公告送出日期：2025年12月26日 1.公告基本信息 ■ 2.其他需要提示的事项 为更好地保证中欧预见平衡养老目标三年持有期混合型发起式基金中基金（FOF）（以下简称"本基 金"）的稳定运作，保护基金份额持有人利益，根据法律法规、本基金基金合同、招募说明书的相关规 定，中欧基金管理有限公司决定自2025年12月26日（含）起，暂停本基金的申购、转换转入、定期定额 投资业务。 本基金暂停办理相关业务期间，其他业务仍照常办理。 若有疑问，投资者可通过登录中欧基金管理有限公司网站（www.zofund.com），或拨打客户服务电话 400-700-9700、021-68609700咨询相关信息。 特此公告。 中欧基金管理有限公司 2025年12月26日 中欧安财定期开放债券型发起式 证券投资基金调整开放期的公告 根据2025年12月17日发布的《中欧安财定期开放债券型发起式证券投资基金开放申购、赎回、转换业务 的公告》，中欧安财定期开放债券型发起式证券投资基金（以下简称"本基金"）原定开放期为2025年12 月22日至2025年12月26日。 根据《中欧安财定期开放债券型发起式证券投资基金基金合同》（以下简称"《 ...

Group 1 - The core point of the news is the recent surge in silver prices leading to a speculative frenzy around the Guotou Silver LOF fund, which saw its premium rate drop significantly after a period of high trading activity [1][2][8] - The Guotou Silver LOF fund experienced a price increase, with its market capitalization rising from 2.178 billion to 6.640 billion yuan this year, and its annual growth rate reaching 119.14% as of December 24 [6][18] - The COMEX silver futures price reached a high of $72.75 per ounce on December 24, marking a more than 132.73% increase from approximately $30 per ounce at the beginning of the year [4][5] Group 2 - The Guotou Silver LOF fund has implemented purchase limits, restricting the C class fund shares to a minimum investment of 100 yuan, while the A class shares remain at 500 yuan, aimed at protecting the interests of existing fund holders [7][19] - The high premium rates of the Guotou Silver LOF fund, which approached 70%, have attracted significant attention and speculation, with many tutorials on social media promoting arbitrage opportunities [1][8][17] - The limited number of investment products in the silver market has led to increased demand for the Guotou Silver LOF fund, which is the only major fund primarily investing in silver futures [18][19]

Group 1 - The core point of the announcement is that the company will suspend subscription, redemption, and other related business for certain funds during specific holidays in 2026 to ensure smooth fund operations and protect the interests of investors [2][4][6][7]. - The suspension will occur on the next trading day following the specified holidays, and no further announcements will be made regarding this [2][4][6]. - If there are changes in the holiday arrangements of the major overseas markets, the company will adjust and announce accordingly [3][6][8]. Group 2 - The company has announced that from December 30, 2025, to January 4, 2026, subscriptions, regular investments, and conversions for the A-class shares of the fund will be suspended through certain distribution agencies, while direct sales will remain unaffected [22][23]. - Normal redemption and conversion out processes will continue during the suspension period, and operations will resume on January 5, 2026, with a limit of 10 million yuan for single fund accounts [23][24]. - Investors are advised to consider the time required for fund transactions and to make arrangements in advance to avoid inconveniences due to holiday transactions [22][23].

Core Insights - The article provides an overview of the latest net asset values of various funds, highlighting the top-performing and bottom-performing funds as of December 25, 2025 [2][3]. Fund Performance Summary Top 10 Funds by Net Value Growth - The top-performing funds include: 1. Yongying High-end Equipment Intelligent Mixed Fund A: 1.3093, growth of 7.40% 2. Yongying High-end Equipment Intelligent Mixed Fund C: 1.2915, growth of 7.40% 3. Zhongjia Advantage Enterprise Mixed Fund A: 1.6722, growth of 6.67% 4. Zhongjia Advantage Enterprise Mixed Fund C: 1.5982, growth of 6.67% 5. Qianhai Kaiyuan Ocean Mixed Fund: 2.0920, growth of 6.57% 6. Huian Value Blue-chip Mixed Fund A: 0.8014, growth of 6.48% 7. Huian Value Blue-chip Mixed Fund C: 0.7803, growth of 6.48% 8. Huatai Baoxing Jinianhong Mixed Fund A: 1.2149, growth of 6.10% 9. Huatai Baoxing Jinianhong Mixed Fund C: 1.2142, growth of 6.09% 10. Jinxin Economic Selection Mixed Fund A: 1.3602, growth of 5.98% [2]. Bottom 10 Funds by Net Value Decline - The underperforming funds include: 1. Qianhai Kaiyuan Gold and Silver Jewelry Mixed Fund C: 2.4810, decline of 2.71% 2. Qianhai Kaiyuan Gold and Silver Jewelry Mixed Fund A: 2.5390, decline of 2.68% 3. Yinhua Domestic Demand Selected Mixed Fund: 3.9180, decline of 2.56% 4. Huafu Yongxin Flexible Allocation Mixed Fund A: 1.7968, decline of 2.44% 5. Huafu Yongxin Flexible Allocation Mixed Fund C: 1.7453, decline of 2.44% 6. Yinhua Tongli Selected Mixed Fund: 1.2433, decline of 2.21% 7. Huian Quantitative Pioneer Mixed Fund C: 1.4081, decline of 1.85% 8. Huian Quantitative Pioneer Mixed Fund A: 1.4523, decline of 1.85% 9. Yinhua Growth Pioneer Mixed Fund: 1.5190, decline of 1.75% 10. Taixin Development Theme Mixed Fund: 1.9770, decline of 1.74% [3]. Market Overview - The Shanghai Composite Index opened lower but experienced a single upward trend, closing with a small gain. The ChiNext Index opened high, retreated, and then recovered slightly, also closing with a small gain. The total trading volume reached 1.94 trillion, with a gain-loss ratio of 3773:1473 and a limit-up-limit-down ratio of 93:2 [5]. - Leading sectors included aviation and paper, both with gains exceeding 3%, while the leading concepts were exoskeleton robots and commercial aerospace, also with gains over 3% [5][6].

Core Viewpoint - The article emphasizes the importance of diversification in asset allocation as a means to achieve higher returns without taking on additional risk, highlighting the concept of "free lunch" in investment strategies [1][2]. Group 1: Multi-Asset Strategies - In the current low-interest-rate environment, investors are seeking alternatives to traditional bank products, leading to the rise of low-volatility multi-asset Funds of Funds (FOFs) [2][3]. - Multi-asset FOFs incorporate a variety of low-correlation assets, aiming to optimize risk-return characteristics while controlling maximum drawdown [2][3]. - The article suggests that multi-asset FOFs are among the closest tools to achieving the ideal balance of risk and return, which is perceived as the "free lunch" in investing [2]. Group 2: Investment Goals and Product Features - For low-risk investors, traditional stock-bond allocations do not meet all their needs, as they prioritize limiting maximum drawdown to -1.5% and achieving positive returns within a few months [3]. - The upcoming Wanjiatai Stable Three-Month Holding Period FOF expands asset categories beyond just stocks and bonds to include low-volatility dividends, bonds, S&P 500, and gold, enhancing the risk-return profile [3][4]. - Historical data shows that over the past 10 years, the annualized returns for low-volatility dividends, S&P 500, and gold were 9.08%, 12.91%, and 16.36% respectively [3]. Group 3: Market Acceptance and Growth - The multi-asset strategy is gaining acceptance in the market, with 64% of low-volatility FOFs adopting this approach as of November 30, 2025 [4]. - The total scale of public FOFs surpassed 233.9 billion yuan, with an increase of over 100 billion yuan in the year [4]. Group 4: Manager Selection and Research - The effectiveness of multi-asset strategies relies on the active management capabilities of fund managers, emphasizing the importance of selecting the right underlying managers to realize returns [6][7]. - A systematic approach to selecting fund managers involves evaluating their investment philosophy, process, diligence, and performance [8]. - The Wanjiatai FOF team employs a research-driven model that integrates both fund manager research and fundamental analysis, ensuring comprehensive coverage of investment opportunities [11][12]. Group 5: Team Structure and Collaboration - The Wanjiatai FOF team is characterized by a dual focus on fund manager research and fundamental analysis, with team members responsible for both micro and macro-level research [12][13]. - The team has developed a robust internal research system that allows for efficient sharing of insights and data, enhancing decision-making capabilities [12][13]. - The collaboration between team members, such as the joint management of the Wanjiatai FOF by Ren Zheng and He Jiayi, aims to leverage their respective strengths in strategy and asset selection [17].

Group 1 - The public fund industry is undergoing a profound transformation from scale expansion to value creation, guided by policies such as the "Action Plan for Promoting High-Quality Development of Public Funds" [1] - Jin Ying Fund emphasizes its commitment to serving national strategies and the real economy, focusing on market demand and enhancing business and product innovation capabilities [1] - The company aims to build a solid bridge between financial institutions and the real economy, contributing to high-quality industry development amidst financial reform [1] Group 2 - Jin Ying Fund has identified information asymmetry between fund managers and investors due to unclear product positioning and has implemented measures to optimize this [2] - The company has introduced transparent passive index funds to meet investor demand for low-risk, transparent investment tools and clarified the positioning of actively managed products [2] - Jin Ying Fund has enhanced its research and investment capabilities, focusing on strategic emerging industries and technology growth companies to support national industrial transformation [2] Group 3 - The company prioritizes integrated research and investment construction, aiming to improve the efficiency of research and investment conversion and enhance the direct contribution of research results to investment performance [3] - Jin Ying Fund has established a unified research and investment platform and multiple integrated research teams to strengthen internal communication and feedback mechanisms [3] - The company maintains a compliance-oriented operational baseline and has developed a comprehensive risk management system covering all business lines [3]

Group 1 - Shanghai Jiubai experienced a decline of 5.09% on December 25, with a stock price of 10.82 yuan per share, a trading volume of 827 million yuan, a turnover rate of 18.36%, and a total market capitalization of 4.338 billion yuan [1] - The company, established on December 21, 1993, and listed on February 24, 1994, operates in various sectors including wholesale and retail of alcoholic beverages, commercial property leasing and management, equity investment, and laundry services [1] - The main business revenue composition of Shanghai Jiubai is 100% from commercial activities [1] Group 2 - Among the top ten circulating shareholders of Shanghai Jiubai, a fund under Southern Fund holds a position, specifically the Southern CSI Real Estate ETF Initiated Link A (004642), which reduced its holdings by 31,700 shares in the third quarter, now holding 3.5489 million shares, representing 0.89% of circulating shares [2] - The Southern CSI Real Estate ETF Initiated Link A (004642) was established on August 24, 2017, with a current scale of 202 million yuan, and has a year-to-date return of 1.13%, ranking 4037 out of 4197 in its category [2] - The fund has incurred a loss of 2.51% over the past year, ranking 4073 out of 4170, and has a cumulative loss of 43.64% since its inception [2]

Core Viewpoint - The article emphasizes the recruitment of talented individuals for various positions within the company, highlighting the importance of expertise in investment research and human resources to support the firm's long-term investment goals and commitment to value investing [18]. Group 1: Recruitment Positions - The company is seeking an Industry Research Analyst focused on the electric power and new energy sectors, requiring at least 2 years of relevant experience and strong analytical skills [7][9]. - A Human Resources Intern position is also available, aimed at students graduating in 2026 or 2027, with responsibilities including organizing training activities and supporting corporate culture initiatives [11][13]. Group 2: Company Overview - Shanghai Gao Yi Asset Management is a private equity fund management company founded by experienced fund managers, focusing on public market investments and fundamental research [18]. - The company promotes a culture of deep analysis and forward-looking research, aiming to identify long-term value creation opportunities amid rapid global changes [18]. - Gao Yi Asset emphasizes professionalism across all business areas, including compliance, risk control, and client service, to enhance investment outcomes for clients [18].

Group 1 - The Jilin Jihui Ice and Snow Economy Private Equity Fund Partnership has been established with a total investment of 500 million yuan [1][2] - The fund's business scope includes private equity investment fund management and venture capital fund management services, as well as investment activities using its own funds [1][2] - The fund is co-funded by Zhongjin Travel Investment Holding Co., Ltd., a subsidiary of Shaanxi Tourism Group Co., Ltd., and Jilin Tongbao Xinying Enterprise Management Co., Ltd. [1][2] Group 2 - The fund is registered in Changchun City, Jilin Province, and is classified under capital market services [2] - The fund's executive partner is Shaanxi Guokai Tourism Industry Fund Management Co., Ltd. [2] - The fund operates without a fixed term and is currently in a state of existence [2]