前4月主动权益基金净值增长1.45% 最牛业绩超64%

Core Viewpoint - The A-share market has shown a recovery trend in the first four months of 2025, driven by strong performance in technology stocks and structural opportunities in sectors like AI and robotics, despite recent market fluctuations influenced by external factors [1][5][9]. Group 1: Market Performance - As of April 30, 2025, the overall net value growth rate of active equity funds reached 1.45%, with the best-performing fund achieving over 64% growth [3][10][12]. - The North Securities 50 index recorded a remarkable increase of 28.26%, making it the best-performing mainstream index, while other indices like the ChiNext and the Science and Technology Innovation 50 saw declines exceeding 5% [3][5]. - The Shanghai Composite Index experienced fluctuations, reaching a high of 3439.05 points after the Spring Festival, but faced a significant drop of 7.34% on April 7 due to U.S. trade policy impacts [5][9]. Group 2: Sector Performance - The beauty and personal care sector emerged as the best-performing industry in the first four months, with an increase of 8.15%, while sectors like coal and non-bank financials saw declines exceeding 7% [5][6]. - Active equity funds have outperformed major indices, with ordinary stock funds and mixed equity funds showing net value growth rates of 2.11% and 2.18%, respectively [8][9]. Group 3: Fund Manager Insights - Fund managers are optimistic about the AI sector, anticipating significant growth in domestic AI applications and technology, which are expected to become key investment themes in the A-share market [28][29]. - The focus on emerging technologies, particularly in robotics and innovative pharmaceuticals, has led to substantial returns for funds that have strategically invested in these areas [11][15]. Group 4: Long-term Performance - Over the past three years, some active equity funds have achieved impressive returns, with the top fund showing a net value growth rate exceeding 182% [22][23]. - In the last five years, the best-performing fund has achieved a return of 287.80%, indicating strong long-term performance in the active equity fund sector [25][26].