Core Insights - The Galaxy Zhaoyi 6-Month Holding Mixed Fund is set to undergo liquidation due to its net asset value falling below 50 million yuan for 50 consecutive working days, as per the fund's contract [4] Fund Overview - The fund was established on January 24, 2024, with an initial subscription amount of 210 million yuan, but by the end of Q2 2025, its net asset value had decreased to 104 million yuan [1] - The fund's last operational day is September 29, 2025, with the liquidation period starting from September 30, 2025, to October 16, 2025 [1] Performance Metrics - As of the end of Q2 2025, the A-class share unit net value increased by 3.85% since inception, underperforming the benchmark by 6.64 percentage points [2] - In the past three months, the unit net value declined by 0.01%, also underperforming the benchmark by 1.67 percentage points [2] Asset Allocation - By the end of Q2 2025, the fund significantly reduced its equity holdings to 1.21%, while bond holdings accounted for 84.55%, including 13.20% in convertible bonds [2] - The fund's strategy focuses on holding high-rated short to medium-term credit bonds and engaging in flexible trading of long-term interest rate bonds [2] Shareholder Composition - The fund reported that a single institution held 99.83% of its shares as of the end of Q2 2025, indicating a lack of diversification among shareholders [1][2]

报告称，银河招益6个月持有期混合型证券投资基金合同于2024年1月24日正式生效。根据《基金合 同》"第五部分基金备案"之"三、基金存续期内的基金份额持有人数量和资产规模"的约定："《基金合 同》生效后，连续20个工作日出现基金份额持有人数量不满200人或者基金资产净值低于5000万元情形 的，基金管理人应当在定期报告中予以披露；连续50个工作日出现前述情形的，该基金将根据《基金合 同》约定进入清算程序并终止，无须召开基金份额持有人大会。"截至2025年9月29日日终，该基金已出 现连续50个工作日基金资产净值低于5000万元的情形，该基金将按照《基金合同》的约定履行基金财产 清算程序并终止，无须召开基金份额持有人大会。 根据《银河招益6个月持有期混合型证券投资基金基金合同》以及银河基金管理股份有限公司于 2025年9月29日发布的《银河基金管理有限公司关于银河招益6个月持有期混合型证券投资基金基金合同 终止及基金财产清算的公告》。该基金最后运作日为2025年9月29日，自2025年9月30日起进入清算程 序。该基金进入清算程序前，基金仍按照基金合同的约定进行运作。 来源：天天基金网 截至2025年9月30日 ...