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2月6日 1.公告基本信息 ■ 2.基金募集情况 ■ 注：（1）本基金募集期间的信息披露费、会计师费、律师费以及其他费用，不从基金财产中列支。 国泰基金管理有限公司 二零二六年二月六日 国泰基金管理有限公司关于旗下 （2）本基金管理人高级管理人员、基金投资和研究部门负责人认购本基金份额总量的数量区间为0份； 本基金的基金经理认购本基金份额总量的数量区间为0份。 3.其他需要提示的事项 自基金合同生效之日起，本基金管理人正式开始管理本基金。 基金份额持有人可以到销售机构的网点查询交易确认情况，也可以通过本基金管理人的网站 （www.gtfund.com）或客户服务电话（400-888-8688）查询交易确认情况。 基金管理人可根据实际情况依法决定本基金开始办理申购的具体日期，基金管理人自基金合同生效之日 起不超过3个月开始办理赎回。在确定申购开始与赎回开始时间后，基金管理人应在申购、赎回开放日 前依照《信息披露办法》的有关规定在规定媒介上公告申购与赎回的开始时间。 风险提示：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 ...

Group 1 - The market outlook for Q1 is optimistic, driven by the stabilization and appreciation of the RMB, along with the influx of incremental funds from A500 and insurance capital, suggesting a potential spring rally [1][24] - The fund manager plans to increase equity positions to capitalize on the expected spring market, focusing on sectors with improving prices such as non-ferrous metals, chemicals, and renewable energy [1][24] - The bond market is viewed with caution, with expectations of limited upside due to increased long-term bond supply and the central bank's liquidity measures aimed at mitigating rising interest rate pressures [1][25] Group 2 - The foundation for the stock market is solid, as the market has absorbed previous valuation discrepancies and profit-taking pressures, clearing short-term obstacles for the Q1 rally [24] - The dual benefits of capital inflow and currency appreciation are expected to create a favorable environment for A-shares, with multiple sources of incremental capital entering the market [24] - The rationale for focusing on non-ferrous metals, chemicals, and renewable energy is based on their price improvement potential, driven by emerging demands from sectors like AI and new energy [24][25] Group 3 - The bond market's short-term negative factors are diminishing, as the impact of the redemption fee regulations has been absorbed, allowing the market to return to normal trading logic [25] - The central bank's liquidity injections are anticipated to counterbalance the upward pressure on interest rates from increased bond supply, preventing sustained rate hikes [25] - The potential for bond market gains is capped, with expectations that it will not exceed the lows seen in 2025, limiting the scope for significant upward trends [25] Group 4 - The fund manager's approach has demonstrated success in enhancing returns through participation in the equity market, achieving a yield of 8.65% for the Guotai Tongli fund and 6.9% for the Guotai Min'an fund in a challenging bond market [26] - Historical performance indicates that the fund manager has effectively managed drawdowns, with the Guotai Min'an fund showing a maximum drawdown of -1.53%, outperforming the average of -2.57% for similar funds [26][29] - The strategy of maintaining a low equity position while selectively increasing exposure during favorable market conditions has proven effective in managing risk and enhancing returns [36][37]