华商基金张明昕：争创主动权益好体验 华商均衡成长混合近1年涨超97%

Core Viewpoint - The A-share market continues to show strength, with the Shanghai Composite Index reaching a new high since August 2015, driven by favorable policies, industrial upgrades, and improved market confidence [1][3]. Market Performance - As of August 18, the Shanghai Composite Index closed at 3728.03 points, marking a significant increase [1]. - The total trading volume in the A-share market reached 2.81 trillion yuan, the third-highest in history [1]. Fund Performance - The Huashang Balanced Growth Mixed Fund, managed by Zhang Mingxin, reported impressive one-year net value growth rates of 98.25% for Class A and 97.09% for Class C [1][3]. - Over the past three years, the net value growth rates for Class A and Class C were 46.06% and 43.46%, respectively, significantly outperforming the benchmark return rates of 31.07% and -6.10% [3]. Investment Strategy - Zhang Mingxin emphasizes a value-driven investment approach focused on industry trends, aiming to identify alpha stocks that can achieve "Davis Double" returns [1][3]. - The fund manager has a strong background in risk growth investment and has actively participated in key growth sectors such as new energy vehicles, photovoltaic energy storage, AI, and robotics [1][3]. Fund Management Background - Zhang Mingxin has nearly 10 years of experience in the securities industry, with a focus on both research and investment [4]. - The Huashang Balanced Growth Mixed Fund was established on April 8, 2021, and has undergone management changes, with Zhang Mingxin taking over on March 4, 2025 [4].