每经AI快讯，11月22日，中欧基金发布公告称，自2025年11月24日起，中欧红利优享灵活配置混合型证 券投资基金、中欧融恒平衡混合型证券投资基金、中欧价值回报混合型证券投资基金、中欧价值领航混 合型证券投资基金4只产品，单日限额降至50万元。 ...

Core Points - The China Europe Fund has announced the effective contract of the China Europe Value Navigation Mixed Securities Investment Fund [1] - The total net subscription amount during the fundraising period was 1,970,005,940.43 yuan, with no interest generated during this period [1][2] - The total number of effective subscriptions was 6,686 [2] Fund Manager Background - The fund manager, Lan Xiaokang, has extensive experience in the investment industry, having worked as an industry researcher and investment manager at various firms since 2011 [1] - Lan Xiaokang joined China Europe Fund Management Co., Ltd. in December 2016 and has been managing the China Europe Value Discovery Mixed Fund since then [1]

Group 1 - The core viewpoint of the articles highlights the supportive policies for the domestic capital market in response to various challenges, leading to a significant boost in market sentiment, with the Shanghai Composite Index surpassing 3900 points for the first time in nearly a decade [1][2] - The launch of the China Europe Value Navigation Mixed Securities Investment Fund aims to provide a value-focused, actively managed equity product that emphasizes risk control, catering to investors in a volatile market environment [1][2] - The fund is positioned as a value-style fund with a flexible investment strategy that combines large-cap value and growth strategies, along with a reversal strategy for dynamic portfolio adjustments [2][6] Group 2 - The fund's proposed manager, Lan Xiaokang, has over 14 years of experience in the securities industry and has developed a mature investment framework that balances macroeconomic trends with in-depth analysis of undervalued, high-quality stocks [2][3] - Lan Xiaokang's management of existing funds has shown significant outperformance against benchmarks, with the China Europe Dividend Preferred A fund achieving a consistent track record of excess returns over six years [3][4] - The fund's risk management approach includes careful stock selection, focusing on large-cap, low-volatility stocks, and maintaining industry diversification to mitigate concentrated risks [6][7] Group 3 - The China Europe Dividend Preferred A fund has demonstrated strong performance, with annual returns significantly exceeding its benchmark in multiple years, showcasing its ability to navigate market fluctuations [4][7] - The fund's maximum drawdown has been controlled effectively, with a maximum drawdown of -25%, which is lower than the benchmark's -26% and significantly better than the broader market's -45% [6][7] - Looking ahead, the manager identifies investment opportunities in traditional industries and emphasizes the importance of identifying high-quality companies with low price-to-book ratios across various sectors [6][7]

Group 1 - The fund being launched is the "China Europe Value Navigation Mixed Securities Investment Fund" with the code 024427 [15][2] - The fund is a mixed securities investment fund, operating in a contractual and open manner [15] - The fundraising period is from October 16, 2025, to October 28, 2025 [27] Group 2 - The minimum total number of fund shares to be raised is 200 million shares, with a minimum fundraising amount of 200 million RMB [5][22] - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [18] - The minimum subscription amount for other sales institutions is 1 RMB, while the direct sales institution requires a minimum initial subscription of 10,000 RMB [8][23] Group 3 - The fund aims to achieve long-term stable growth of net asset value through selective stock picking while controlling investment portfolio risks [15] - The investment range includes various financial instruments such as stocks, bonds, and derivatives [19] - The fund's investment portfolio will allocate 60%-95% of its assets to stocks and depositary receipts, with a maximum of 50% of stock assets in Hong Kong Stock Connect stocks [21] Group 4 - The fund management company is China Europe Fund Management Co., Ltd., and the custodian is China Merchants Bank Co., Ltd. [56] - The fund's effective subscription funds will generate interest during the fundraising period, which will be converted into fund shares for the holders [39] - The fund's contract will become effective once the fundraising conditions are met, including a minimum of 200 million shares and 200 million RMB raised [55]