26.01.09 基金盈收6元～ 场外买入200元。 场内盈32元；场外亏26元。 4,1U0.0U 总资产(元) 4 (2) 10,032.34 GMD 今日收益 持仓收益 累计收益 -26.41 > 搜狐号@土狗爱学习 总资产 > ◎ 仓位 90.2% 当日盈亏 > CG 5,217.58 +32.80 证券市值 2 可用 持仓盈亏 > 4,708.80 +294.91 508.78 搜狐号@土狗爱学习 ...

处于封闭期的产品，自开放申购之日起适用于上述申购、转换补差及定期定额投资申购费率优惠。 如本公司新增通过国元证券销售的基金产品，该基金产品适用于上述优惠，具体费率优惠时间及内容以 国元证券的规定为准。 三、重要提示 为更好地满足广大投资者的理财需求，经恒生前海基金管理有限公司（以下简称"本公司"）与国元证券 股份有限公司（以下简称"国元证券"）协商一致，自2025年12月19日起，本公司旗下基金参加国元证券 开展的基金认购、申购、转换补差及定期定额投资申购费率优惠活动，具体的活动时间、优惠费率以国 元证券的规定为准。相关优惠方案公告如下： 一、适用基金 ■ 二、优惠活动内容 活动期间，投资者通过国元证券认购、申购及定期定额投资申购上述基金、及转出与转入基金的申购费 补差的（仅限前端收费模式），享有费率折扣优惠，具体费率折扣以国元证券的业务规则或公告为准。 本次优惠活动解释权归国元证券股份有限公司所有，有关本次活动的具体事宜，敬请投资者留意国元证 券股份有限公司的有关公告。 1、本优惠活动仅适用于处于正常申购期的基金的一次性申购手续费、定期定额投资申 购手续费及转出与转入基金的申购费补差（仅限前端收费模式），不 ...

Fund Strategy - UBS Group's asset management unit is developing a new fund focused on investing in significant risk transfers [1] - The fund's investments may include deals issued by UBS itself [1]

Group 1 - The core point of the announcement is that Guangfa Securities will start selling certain products from AVIC Fund Management Co., Ltd. on September 23, 2025 [1][3] - The announcement includes the contact information for both Guangfa Securities and AVIC Fund Management for investors to inquire about the relevant products [1] - The announcement emphasizes the commitment of the fund manager to manage and utilize fund assets with honesty and diligence, although it does not guarantee profits or minimum returns [1]

Group 1 - The article discusses the importance of suitability management for financial institutions to recommend financial products that match investors' risk tolerance and investment goals [5][11]. - It highlights that legitimate fund sales institutions must be registered with the Asset Management Association of China, and investors can verify their qualifications through the official website [9][11]. - The article emphasizes that investors should pay attention to the risk level of products, specifically the "risk level" indicated in the fund's recruitment prospectus [16].

Core Viewpoint - The article discusses the differences between fund redemption and conversion, emphasizing the importance of understanding these concepts to optimize investment strategies and avoid potential losses. Group 1: Differences Between Redemption and Conversion - Redemption allows investors to withdraw funds back to their bank accounts, while conversion enables switching between funds within the same company without cashing out [6][4]. - Conversion can save up to 80% in transaction costs due to "fee offset," whereas redemption incurs both redemption and subscription fees when switching between different companies [5][2]. - The time frame for conversion is quicker (T+1) compared to redemption, which can take T+3 to T+7 days [6][4]. Group 2: Cost and Timing Strategies - Investors can save significantly on fees by converting funds within the same company rather than redeeming and then purchasing a new fund [5][10]. - Holding periods affect redemption fees, with longer holding periods resulting in lower fees, thus incentivizing longer-term investments [11][14]. - A grid redemption strategy can be employed to gradually sell portions of holdings at set price intervals, optimizing returns [11]. Group 3: Practical Scenarios and Techniques - In a market cycle shift, converting to a value fund within the same company can save costs compared to redeeming [10]. - For urgent cash needs, redeeming funds from money market or short-term bond funds is advisable due to quicker access to cash [14]. - When a fund manager changes, investors should assess the new manager's track record and consider redeeming or converting based on performance expectations [13][14].

Core Points - The company, Tibet Dongcai Fund Management Co., Ltd., is participating in a fee discount activity for fund subscriptions and purchases through Guojin Securities [1][2][3] - The fee discount period will be determined by the announcements made by Guojin Securities [1][5] - The fee discount applies to all fund products sold by the company through Guojin Securities during the specified period, with no discount limit on subscription and purchase fees [3][4] - Investors can inquire about details through the company's customer service or Guojin Securities [7] Applicable Time - The fee discount period is subject to the public announcements made by Guojin Securities [1][5] Applicable Fund Range - The fee discount is applicable to fund products sold by the company through Guojin Securities starting from the date of sale [2] Fee Discount Plan - During the fee discount period, there are no restrictions on the discount rates for subscription and purchase fees, which will be publicly announced by Guojin Securities [3] Applicable Investors - The fee discount is available to investors who subscribe or purchase the aforementioned funds through Guojin Securities [4] Important Notes - Detailed information about the funds and original fee rates can be found in the relevant legal documents and the company's announcements [5] - Any changes to the fee discount plan and applicable time will be based on the latest announcements from Guojin Securities [5][6]

Core Insights - Fund investment is perceived as a relatively simple and stable investment method, yet significantly outperforming the market remains challenging [1] Group 1: Diversity of Fund Investment Strategies - Various fund investment strategies exist, including style rotation, timing positions, industry rotation, maintaining a single style, diversified asset allocation, and quantitative trading [2][3][4][5][6][7] Group 2: Selected Good Funds Strategy - The "Selected Good Funds" strategy focuses on choosing high-quality funds rather than predicting market trends, relying on skilled fund managers to generate returns [8] - Five sub-strategies under "Selected Good Funds" include: - Good Manager Strategy - Dark Horse Strategy - Balanced Selection Strategy - Good Index Strategy [9][10][11][12][14] Group 3: Limitations of Fund Selection Ability - Despite efforts to select quality funds, testing results indicate that the performance differences among fund managers are not as significant as perceived, and market efficiency is increasing [15] - Negative case studies show that even professional institutions struggle to achieve sustained excess returns through fund selection [16][17][18][20] Group 4: Summary and Outlook - The "Selected Good Funds" strategy is a stable investment approach suitable for most ordinary investors, but expectations should be tempered, as outperforming benchmarks by 2% annually is considered commendable [21]

Group 1 - Multiple public fund institutions have announced the termination of their sales cooperation with Minshang Fund, indicating intensified competition in the fund distribution market [1][2] - The terminated partnerships include notable firms such as Changcheng Fund, Furuin Fund, and Huatai Baoxing Fund, with the cessation of sales activities taking place from June 10 to June 12 [1] - Minshang Fund, established in January 2016, has been involved in the distribution of 1,519 funds as of June 10, 2023 [1] Group 2 - Other fund distribution agencies that have previously ended partnerships include Haiyin Fund Sales Co., Ltd. and Beijing Zhongzhi Fund Sales Co., Ltd., with reasons for termination ranging from poor sales performance to regulatory penalties [2] - The market shows a clear "Matthew Effect," with Ant Group's fund distribution achieving a scale of 1,452.9 billion yuan, while the 100th ranked Guodu Securities only managed 3.6 billion yuan [2] - The China Securities Regulatory Commission has introduced a classification evaluation mechanism for fund sales institutions, which will prioritize institutions with better evaluation results in licensing applications [2] Group 3 - Analysts predict that channel optimization is imminent, emphasizing the importance of customer experience as public fund fee reforms progress [3] - The focus for sales institutions will shift towards long-term investor service, with an expected increase in revenue from service fees based on asset retention [3] - There is a call for fund distribution agencies to transition from a "seller's perspective" to a "buyer's perspective," enhancing research capabilities and diversifying into wealth management consulting [3]

Group 1 - The core idea of the news emphasizes the importance of investor education in safeguarding wealth and stabilizing the market, particularly for small and medium investors, as highlighted by the new "National Nine Articles" issued by the State Council [2][3] - The "Investor Education and Protection" short video competition, organized by the Guangdong Securities and Futures Industry Association, aims to enhance the relationship between institutions and investors and promote high-quality educational content [2][3] - The competition includes various stages such as video training, collection of works, evaluation, and awards, with a focus on innovative educational methods to meet the growing wealth management needs of the public [3][4] Group 2 - The competition attracted widespread participation from financial institutions in Guangdong, with evaluation criteria based on content theme, production quality, creativity, and playback effectiveness [4][5] - A total of 75 video entries were analyzed, showcasing a diverse range of educational content that addresses various investment products and risk prevention strategies, including emerging fraud techniques [6][7] - The use of innovative formats such as short dramas, animations, and AI technology in the entries reflects a deep understanding of different audience needs, making financial knowledge more accessible and engaging [6][7][8]