Core Viewpoint - The AI Fund Huabao ESG Responsibility Investment Mixed A (018118) reported a profit of 2.373 million yuan for Q1 2025, with a net asset value growth rate of 3.68% and a fund size of 62.8071 million yuan as of the end of Q1 2025 [2][15]. Fund Performance - As of April 24, the fund's unit net value was 0.888 yuan, with a one-year cumulative net value growth rate of 10.79%, ranking 180 out of 532 comparable funds [2][3]. - The fund's three-month net value growth rate was 1.33%, ranking 207 out of 536 comparable funds, while the six-month growth rate was -5.53%, ranking 404 out of 536 [3]. Investment Strategy - The fund manager indicated a reduction in holdings of certain home appliance stocks and adjusted positions in the sweeping robot sector based on risk-reward ratios. The sweeping robot industry has significant long-term potential, with Chinese companies leading globally, but the short to medium-term competitive landscape remains unstable [2]. - The fund also sold off high-yield consumer electronics stocks and slightly reduced holdings in major internet companies, while decreasing exposure to real estate stocks [2]. Fund Characteristics - The fund has maintained a high stock position, with an average stock position of 87.71% since inception, peaking at 92.93% at the end of Q1 2025 [14]. - The fund's top ten holdings have consistently accounted for over 60% of its portfolio over the past two years, with major holdings including companies like Tencent Holdings and Guizhou Moutai [18]. Risk Metrics - The fund's Sharpe ratio since inception is 0.3291, indicating a moderate risk-adjusted return [8]. - The maximum drawdown since inception is 33.08%, with the largest quarterly drawdown occurring in Q3 2023 at 15.25% [11].
华宝ESG责任投资混合A：2025年第一季度利润237.3万元 净值增长率3.68%
Sou Hu Cai Jing·2025-05-03 12:24