CITIC Bank has officially launched a new dedicated brand, the "Steady+ Clan," integrating its high-quality fixed-income financial product resources to meet the evolving market allocation trends and investors' diverse, multi-layered asset allocation needs. This initiative aims to provide a systematic, family-style product matrix, offering investors a one-stop asset allocation solution characterized by a stable foundation, potential for appreciation, and high adaptability. Through a rigorous selection process, the Huaan Tianli 6-Month Holding Period Bond Fund has been chosen as part of this offering, seeking an optimal balance between stability and growth.
The "Steady+ Clan" brand name closely aligns with the core of "fixed income plus" investing, conveying clear meaning and high recognition. The "+" symbol is central to the brand, directly corresponding to the core "fixed income plus" investment strategy. It aims to break through the traditional limitations of fixed-income asset returns by layering diverse strategies such as growth, balance, multi-asset, IPO participation, global, and quantitative approaches. The "Clan" represents a complete, family-style product matrix, encompassing a full range of stable wealth management and fund products to form a systematic investment layout. The two "Steady" characters in the brand name have distinct roles and support each other, forming the two core pillars of the complete product system. The first "Steady" corresponds to CITIC Bank's "Steady Wisdom+" selected wealth management products, while the second corresponds to its "Steady Profit" and "Steady Advance" selected funds. This dual-track approach in wealth management and funds works in synergy, creating a well-structured, balanced, and integrated allocation system.
As one of the preferred products within the "Steady+ Clan," the Huaan Tianli 6-Month Holding Period Bond Fund is positioned as a low-volatility "fixed income plus" product. Its exposure to risk assets fluctuates around 10%, with strict control over downside risk. Specifically, the product leverages a mature macroeconomic research framework to implement major asset allocation decisions, meticulously managing both equity and bond sectors to achieve dynamic balance.
The fund is jointly managed by two seasoned fund managers, each contributing their expertise. In their collaborative division of labor, Zhou Yiming is responsible for constructing the portfolio's "return foundation," including bond investment management, risk, and liquidity control. Zhou Yiming boasts over 17 years of experience in the securities industry and over 7 years in public fund investment. His investment style emphasizes major asset allocation and fixed-income sub-asset investment, with extensive experience managing "fixed income plus" products. He prioritizes the risk-return ratio and controls drawdown volatility through relatively balanced configurations.
Xu Fuqiang specializes in equity enhancement, precisely capturing opportunities in the stock market. Since entering the industry in 2011, Xu has accumulated research experience across multiple sectors including macroeconomics, non-ferrous metals, and automobiles. He emphasizes pursuing the growth attributes of assets while focusing on company fundamentals. In his investment operations, he avoids betting on specific sectors or styles. Instead, he allocates based on asset momentum gradients, selecting stocks from three dimensions: cyclical elasticity, growth potential, and margin of safety, aiming to accumulate small gains into significant victories. Zhou Yiming and Xu Fuqiang's desks are adjacent, facilitating seamless communication and efficient, smooth decision-making.
Reflected in fund performance, periodic reports show that as of the end of Q1 2026, the Huaan Tianli 6-Month Holding Period Bond Fund A achieved a one-year return of 5.28%, compared to its benchmark return of 1.73%. Its three-year return was 13.48%, versus a benchmark return of 6.61%.
Industry observers note that domestic market interest rates are currently in a stable downward trend overall, with returns on traditional savings products consistently normalizing at low levels, leaving limited room for increased returns in public asset allocation. In this market context, the "fixed income plus" category, which combines a safety cushion with return elasticity, has become a mainstream choice suitable for preserving and growing household assets and optimizing wealth structures, thanks to its balanced allocation advantages.
Huaan Fund has developed a refined "fixed income plus" product matrix covering low, medium, and high volatility types to meet the needs of investors with different risk-return profiles. The Huaan Fund "fixed income plus" team's original intention is to use refined fixed-income strategies to help safeguard investors' wealth against market volatility and seek investment opportunities in the new normal.
As one of the "first five" public fund management companies in China, Huaan Fund adheres to serving national strategies, actively supports real economic development, highly values investor interests, and has built a full-spectrum product system to meet residential wealth management needs. The company has an investment management team of over 200 people, gradually constructing a research and investment capability circle covering all sectors and multiple strategies. It transforms professional capabilities into a tangible holding experience for investors through technology empowerment, product innovation, and service upgrades. Huaan Fund continues to solidify its core research and investment capabilities, constantly optimizing the specialization and integration of its research and investment functions, and focusing on strengthening platform development.
The current fee structure for the Huaan Tianli 6-Month Bond Fund is as follows (fee discounts are subject to display by sales agencies; M represents amount): For Class A shares, the subscription fee rate is: M<1 million, 0.8%; 1 million≤M<5 million, 0.4%; M≥5 million, a flat fee of 1,000 RMB per transaction. No sales service fee is charged. For Class C shares, no subscription fee is charged, and the annual sales service fee rate is 0.40%. The minimum holding period for this product is 6 months (inclusive). Fund shareholders cannot apply for redemption during the minimum holding period. For holding periods greater than or equal to 6 months, the redemption fee rate is 0%. The annual management fee and custody fee rates are 0.70% and 0.10%, respectively.
Risk Disclosure: The fund management company does not guarantee that this fund will be profitable, nor does it guarantee a minimum return. The fund's past performance is not indicative of its future results, and the performance of other funds managed by the fund manager does not constitute a guarantee of this fund's performance. The operation history of funds in China is relatively short and may not reflect all stages of stock market development. Funds are not deposits; products carry risks, and investment requires caution. Please read the fund's contract, prospectus, and other legal documents carefully for details. This fund is a bond fund, and its expected returns and risk levels are higher than those of money market funds but lower than those of stock funds and hybrid funds.
Huaan Tianli 6-Month Bond A/C was established on February 5, 2021. The fund's net value growth rates (benchmark return rates) from 2021 to 2025 were: 2.79%/2.42% (1.50%), -3.10%/-3.50% (-1.68%), 2.60%/2.19% (0.82%), 6.19%/5.77% (5.92%), 4.64%/4.23% (0.58%). Past fund managers: Lu Ben (Feb 5, 2021 - Dec 8, 2025), Zhou Yiming (Feb 5, 2021 - present), Xu Fuqiang (July 28, 2025 - present). Data source: Fund periodic reports, as of Dec 31, 2025.
Zhou Yiming's Managed Products: Huaan New Preferred Flexible Allocation Hybrid Securities Investment Fund: Benchmark "One-year time deposit interest rate (after tax) announced by the People's Bank of China + 3%". Class A established on May 29, 2015. Annual performance (and benchmark performance) for the last 5 years "2021-2025": 9.98% (4.50%), -5.58% (4.50%), 2.20% (4.50%), 8.63% (4.50%), 6.75% (4.50%); Class C established on Nov 18, 2015. Annual performance (and benchmark performance) for the last 5 years "2021-2025": 9.89% (4.50%), -5.65% (4.50%), 2.07% (4.50%), 8.55% (4.50%), 6.61% (4.50%). Zheng Kecheng managed from May 29, 2015, to Dec 10, 2019; Zhou Yiming has managed from Dec 10, 2019, to present; Lu Ben has managed from Jan 23, 2020, to present. Huaan Tianrui 6-Month Holding Period Hybrid Securities Investment Fund: Benchmark "CSI 800 Index Return Rate * 15% + ChinaBond Composite Total Price Index Return Rate * 85%". Class A/C established on June 22, 2020. Annual performance (and benchmark performance) for the last 5 years "2021-2025": 4.95%/4.42% (1.67%), -1.76%/-2.25% (-2.77%), 2.83%/2.31% (0.20%), 7.93%/7.39% (6.38%), 7.05%/6.52% (1.67%). Zhou Yiming has managed from June 22, 2020, to present; Lu Ben managed from June 22, 2020, to present. Huaan Tianli 6-Month Holding Period Bond Securities Investment Fund: Benchmark "ChinaBond Composite Total Price Index Return Rate * 90% + CSI 800 Index Return Rate * 10%". Class A/C established on Feb 5, 2021. Annual performance for "2021-2025" and since inception (and benchmark performance): 2.79%/2.42% (1.50%), -3.10%/-3.50% (-1.68%), 2.60%/2.19% (0.82%), 6.19%/5.77% (5.92%), 4.64%/4.23% (0.58%), 14.38%/12.04% (7.28%). Zhou Yiming has managed from Feb 5, 2021, to present; Lu Ben managed from Feb 5, 2021, to Dec 8, 2025; Xu Fuqiang has managed from July 28, 2025, to present. Huaan Convertible Bond Bond Securities Investment Fund: Benchmark "Tianxiang Convertible Bond Index Return Rate * 60% + CSI Composite Bond Index Return Rate * 30% + CSI 300 Index Return Rate * 10%". Class A/B established on June 22, 2011. Annual performance (and benchmark performance) for the last 5 years "2021-2025": 17.60%/17.24% (11.88%), -2.73%/-3.07% (-6.83%), 0.06%/-0.30% (0.44%), 8.92%/8.51% (7.84%), 14.65%/14.25% (13.13%). He Tao managed from June 22, 2011, to Mar 8, 2021; Zhou Yiming has managed from Mar 8, 2021, to present; Lu Weijie has managed from Nov 10, 2023, to present. Huaan Tianhe One-Year Holding Period Bond Securities Investment Fund: Benchmark "ChinaBond Composite Total Price Index Return Rate * 90% + CSI 800 Index Return Rate * 5% + CSI Hong Kong Stock Connect Composite Index Return Rate * 5%". Class A/C established on July 13, 2021. Annual performance for "2022-2025" and since inception (and benchmark performance): -1.88%/-2.17% (-1.13%), -0.75%/-1.05% (0.69%), 6.18%/5.86% (6.21%), 1.87%/1.57% (0.88%), 6.48%/4.98% (6.65%). Zhu Caimin has managed from July 13, 2021, to present; Zhou Yiming has managed from July 15, 2021, to present. Huaan Anxin Income Bond Securities Investment Fund: Benchmark "Three-year bank time deposit interest rate (after tax)". Class A/B established on Sept 7, 2012. Annual performance (and benchmark performance) for the last 5 years "2021-2025": 7.06%/6.70% (2.75%), -7.28%/-7.59% (2.75%), -4.66%/-4.99% (2.75%), -0.62%/-0.95% (2.75%), 2.72%/2.33% (2.75%). Zheng Kecheng managed from Sept 7, 2012, to Mar 28, 2023; Zhou Yiming has managed from Mar 28, 2023, to present. Huaan Anheng Return Bond Initiated Securities Investment Fund: Benchmark "ChinaBond Composite Total Price Index Return Rate * 90% + CSI 800 Index Return Rate * 10%". Class A/C established on Mar 11, 2025. Annual performance for "2025" and since inception (and benchmark performance): 2.25%/1.95% (1.48%), 2.89%/2.50% (1.54%). Zhu Caimin has managed from Mar 11, 2025, to present; Zhou Yiming has managed from Mar 11, 2025, to present. Huaan Shuangzhai Tianli Bond Securities Investment Fund: Benchmark "Tianxiang Convertible Bond Index Return Rate * 40% + ChinaBond Enterprise Bond Total Index Return Rate * 40% + ChinaBond Government Bond Total Index Return Rate * 20%". Class A/C established on June 14, 2013. Annual performance (and benchmark performance) for the last 5 years "2021-2025": 3.45%/3.09% (8.27%), -0.99%/-1.33% (-4.17%), 2.12%/1.76% (1.50%), 4.82%/4.45% (4.45%), 2.07%/1.70% (5.88%); Class E established on Mar 12, 2024. Annual performance for "2024-2025" and since inception (and benchmark performance): 3.81% (4.18%), 2.08% (5.88%), 6.62% (9.98%). He Tao managed from June 14, 2013, to July 7, 2025; Zhu Caimin has managed from Nov 20, 2014, to present; Zhou Yiming has managed from Apr 14, 2025, to present.
Xu Fuqiang's Managed Products: Huaan Tianxiang 6-Month Holding Period Hybrid Securities Investment Fund: Benchmark "CSI 800 Index Return Rate * 15% + Hang Seng Index Return Rate (exchange rate adjusted) * 5% + ChinaBond Composite Total Price Index Return Rate * 80%". Class A established on July 21, 2021. Annual performance for "2022-2025" and since inception (and benchmark performance): -5.95% (-3.17%), 2.51% (-0.53%), 8.34% (7.21%), 7.46% (3.00%), 17.94% (5.83%); Class C established on July 21, 2022. Annual performance for "2023-2025" and since inception (and benchmark performance): 2.12% (-0.53%), 7.90% (7.21%), 7.03% (3.00%), 15.32% (8.10%). Sun Lina managed from July 21, 2021, to Mar 27, 2023; Lu Ben managed from July 21, 2021, to Dec 8, 2025; Shi Yuxin has managed from July 23, 2021, to present; Xu Fuqiang has managed from July 8, 2024, to present. Huaan Tianli 6-Month Holding Period Bond Securities Investment Fund: Benchmark "ChinaBond Composite Total Price Index Return Rate * 90% + CSI 800 Index Return Rate * 10%". Class A/C established on Feb 5, 2021. Annual performance for "2021-2025" and since inception (and benchmark performance): 2.79%/2.42% (1.50%), -3.10%/-3.50% (-1.68%), 2.60%/2.19% (0.82%), 6.19%/5.77% (5.92%), 4.64%/4.23% (0.58%), 14.38%/12.04% (7.28%). Zhou Yiming has managed from Feb 5, 2021, to present; Lu Ben managed from Feb 5, 2021, to Dec 8, 2025; Xu Fuqiang has managed from July 28, 2025, to present.
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