Core Insights - Active equity funds are experiencing remarkable returns, with many funds doubling their performance, providing substantial returns to investors [1] - A total of 429 mixed equity funds and 112 ordinary stock funds have seen performance increases exceeding 100% over the past year [1] - The market's structural opportunities, particularly in sectors like artificial intelligence and innovative pharmaceuticals, have driven this performance rebound [1][3] Performance Comparison - The performance gap between active equity funds and passive index funds has been minimal, with average returns for ordinary stock funds, mixed equity funds, and passive index funds being 59.55%, 58.57%, and 60.21% respectively from September 24 of last year to September 18 of this year [3] - This indicates that the value of active equity funds lies not in outperforming the market in every short-term cycle, but in their ability to generate sustainable excess returns through in-depth research and stock selection [3] Challenges and Recommendations - The public fund industry faces a significant challenge in bridging the trust gap with investors who tend to redeem funds once they break even [3][4] - Fund managers need to enhance their research capabilities and effectively communicate the principles of long-term and value investing to investors [4] - Investors should avoid short-term trading behaviors and focus on long-term performance, investment strategies, and alignment with their risk preferences when selecting funds [4]
主动权益基金“翻倍基”批量涌现 长期配置价值获重估
Huan Qiu Wang·2025-09-24 09:48