Since the beginning of this year, the popularity of FOF issuance has continued to rise. As of the end of June, in the first half of 2026, the number of newly issued FOFs in the entire market exceeded 100, with a total issuance share of 116.766 billion, all of which increased significantly compared to the same period last year. (Data source: Wind, statistical interval: January 1, 2026.1-2026.6.30)

Behind the market phenomenon, judgment is also a "two-way rush" between the product side and the demand side. The low interest rate environment combined with sustained market volatility has intensified the volatility of single asset investments. At this time, FOF products, which generally have diversified and diversified characteristics, have become one of the allocation tools that meet market demand.

Zhongyin Huize has been holding a stable 3-month mixed issuance (FOF) with a focus on bond based, equity enhanced, and diversified strategic opportunities. Based on diversified allocation and risk diversification, we strive to provide investors with a one-stop multi asset allocation solution.

According to the fund contract, the proportion of Bank of China Huize's stable 3-month holdings of mixed initiation (FOF) investment in securities investment funds shall not be less than 80% of the fund assets, which can fully leverage the advantages of FOF products' "secondary diversification". In terms of equity exposure management, the product's total investment in equity assets accounts for 0% -30% of the fund's assets, retaining the flexibility to moderately increase positions when market opportunities are clear, while also being constrained by clear position limits, striving to achieve a dynamic balance between stable operation and increased returns.

In terms of investment strategy, Bank of China Huize's stable 3-month holding of mixed initiation (FOF) is based on the core allocation of domestic stocks and bonds, and can dynamically focus on phased allocation opportunities of diversified assets such as gold, Hong Kong stocks, US stocks, and US bonds, striving to fully leverage the multi asset and multi strategy advantages of FOF. At the same time, the product controls portfolio volatility and drawdown through penetration style management and other methods, striving to enhance investors' sense of gain and holding experience in stable operation.

As one of the fund companies that started FOF business earlier in the industry, Bank of China Fund has continued to deepen its cultivation in this field, with increasingly perfect product layout and well-equipped investment research team. The company has established a diversified and 24/7 professional investment team, providing solid research support and decision-making support for multi asset allocation.

The constantly evolving investment research system and investment framework are reflected in Liu Yang, the manager of the Bank of China Huize Stable 3-month Holding Hybrid Initiation (FOF) fund. Liu Yang is deeply involved in fund research, quantitative modeling, and asset allocation, and possesses solid professional abilities. At the level of asset allocation, he will anchor product positioning based on macroeconomic outlook and market analysis, scientifically carry out strategic allocation and tactical arrangements; At the same time, focusing on criteria such as stable style, alpha return ability, and clear strategy, fund selection is carried out from the entire market.

From the perspective of performance, in the past year, Bank of China Huize has shown significant excess returns in its stable 3-month holdings of mixed initiated funds (FOF). As of the end of the first quarter, Bank of China Huize Steady Holding's three-month holdings of FOF A had a net asset value growth rate of 4.92% over the past year (compared to a benchmark return rate of 2.00% for the same period), with an excess return of 2.92%. (Data source: Fund Q1 2026, as of March 31, 2026)

It is worth noting that platform management is also one of the characteristics of the FOF team of Bank of China Fund. Based on research, Bank of China Fund continues to build a central resource sharing investment research platform, strengthen investment capacity building and sharing mechanisms, and invest in various strategic areas such as equity, fixed income, commodities, quantification, public REITs, overseas cross-border, etc., providing profound platform support and professional guarantee for diversified asset allocation.

The current market volatility is evident, with increased risk exposure to a single asset and a growing emphasis on the value of diversified allocation. In this context, the FOF team of Bank of China Fund attaches great importance to investor experience and strives to create a stable net asset value curve through diversified asset management to cross market cycles as much as possible.

Risk StatementFunds carry risks and investments need to be cautious. The fund manager manages and utilizes the fund assets in accordance with the principles of due diligence, honesty, prudence, and diligence, but does not guarantee a certain profit or minimum return for the fund. In a few extreme market situations, there is a risk of losing all principal in fund investments.The past performance of a fund does not predict its future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of the performance of this fund.Before investing in the fund, investors need to fully understand the product characteristics and investment risks of the fund, and bear the possible losses that may occur in the fund investment.Investors are advised to carefully read legal documents such as the Fund Contract, Prospectus, and Summary of Fund Product Information before making investment decisions, to understand the specific situation of the fund, and to judge whether the fund matches the investor's risk tolerance based on their own investment purpose, investment period, investment experience, asset status, etcAnd complete the matching test between risk tolerance and product risk according to the requirements of the sales agency. The views expressed in the article do not constitute investment advice or any other advice and may change with the changing circumstances. The risk of late disclosure of redemption funds, valuation, and net asset value of this fund.

This fund is a hybrid fund of funds (FOF), with expected risks and expected returns lower than those of equity funds and equity funds, but higher than those of bond funds, bond funds, money market funds, and money market funds.

This fund can invest in the underlying stocks of the Hong Kong Stock Connect. If invested, it will face exchange rate risk, overseas market risk, and unique risks caused by differences in investment environment, investment targets, market systems, and trading rules under the Hong Kong Stock Connect mechanism. This fund does not necessarily invest in Hong Kong stocks.

This fund can invest in QDII funds. If invested, it will indirectly bear overseas investment risks such as overseas market risks, exchange rate risks, political risks, legal and government regulatory risks, accounting risks, and tax risks faced by QDII funds.

The Bank of China Huize Stable 3-month Holding Period Hybrid Initiated Fund stipulates that the minimum holding period for fund shares is [three months]. During the shortest holding period, you will face liquidity constraints due to the inability to redeem or sell fund shares.

This fund belongs to the R2 medium low risk level product and is only suitable for investors with a product risk tolerance level of C2 or aboveWhen subscribing or purchasing through a sales agency, the risk rating rules of the agency should be followed.

Performance Review:

Zhongyin Huize Stable 3-month Holding Period Hybrid (FOF) A was established on July 7, 2022, and Liu Yang has been managing the fund since August 16, 2024. The fund returns/performance benchmark returns are: -0.28%/-0.87% from the establishment date to December 31, 2022, -2.03%/1.10% for 2023, 2.96%/5.29% for 2024, and 5.25%/1.01% for 2025.

Zhongyin Huize Stable 3-month Holding Period Hybrid (FOF) C was established on July 7, 2022, and Liu Yang has been managing the fund since August 16, 2024. The fund returns/performance benchmark returns are: -0.37%/-0.87% from the establishment date to December 31, 2022, -2.23%/1.10% for 2023, 2.75%/5.29% for 2024, and 5.04%/1.01% for 2025.

Liuyang is managing a similar product: Zhongyin Ruize Stable 3-month Holding Hybrid (FOF). The same category refers to "Fund of Funds (FOF) - Mixed FOF - Mixed FOF (Equity Assets 0-30%)", Galaxy Securities.

Bank of China Ruize Stable 3-month Holding Period Hybrid (FOF) A was established on March 27, 2024, and Liu Yang has been managing the fund since August 16, 2024. The fund returns/performance benchmark returns are 2.09%/4.66% from the establishment date to December 31, 2024, respectively; 3.73%/6.46% in 2025.

Bank of China Ruize Stable 3-month Holding Period Hybrid (FOF) C was established on March 27, 2024, and Liu Yang has been managing the fund since August 16, 2024. The fund returns/performance benchmark returns are 1.81%/4.66% from the establishment date to December 31, 2024, respectively; 3.32%/6.46% in 2025.

Bank of China Ruize Stable 3-month Holding Period Hybrid (FOF) D was established on October 9, 2025. Liu Yang has been managing the fund since its establishment, and the fund return/performance benchmark return is 0.26%/0.01% from the establishment date to December 31, 2025.

Fund fee rate:

Bank of China Huize Stable 3-month Holding Mixed Initiation (FOF) A:

Bank of China Huize Stable 3-month Holding Mixed Initiation (FOF) C: