公募FOF年内最高涨68%！四季度三大行业或成布局重点

Core Insights - The performance of public FOFs has significantly improved, with the top-performing FOF achieving a return of 68% this year, surpassing many actively managed equity funds [1][2] - FOFs are increasingly focusing on narrow-based industry theme funds, particularly in manufacturing, consumer, and resource sectors, to enhance their performance [1][4] Performance Highlights - The top three FOFs this year are Guotai Youxuan Lihang (68%), E Fund Advantage Return (58.33%), and Guotai Industry Rotation (57.47%), all outperforming the average return of actively managed equity funds [1][2] - The shift towards FOFs reflects a new trend in the capital market, where selecting funds rather than stocks can lead to superior performance [2] Investment Strategies - Leading FOFs are adopting strategies that emphasize industry theme funds, with a focus on ETFs and narrow-based indices such as gold, battery, and innovative pharmaceuticals [2][3] - Resource industry funds are becoming popular choices for FOFs, with managers predicting recovery opportunities in cyclical industries, particularly in the metal and financial real estate sectors [4] Future Outlook - FOF managers are adjusting their portfolios to include more defensive positions, focusing on underperforming sectors in both growth and cyclical industries [4][5] - The technology and resource sectors are expected to see increased allocations, with a particular emphasis on AI and renewable energy as key growth areas [5]