近6个月权益类公募理财业绩冠军三季度遭净赎回超800万份

Core Viewpoint - The report highlights the performance of equity public wealth management products over the past six months, indicating a strong growth trend in the A-share market, particularly in the technology and new energy sectors, with significant returns from specific products [6][7]. Group 1: Product Performance - The average net value growth rate of equity public wealth management products is 16.39% over the past six months, with all 37 sample products showing an increase [6]. - The top-performing product, "Yangguang Hong New Energy Theme A" from Everbright Wealth Management, achieved a net value growth rate of 64.94%, significantly outperforming the second-ranked product by nearly 30 percentage points [7]. - Five products on the list had a net value growth rate exceeding 20% in the last month, with an average of 29.13% [7]. Group 2: Industry Trends - The new energy sector has shown strong performance over the past six months, with the underlying index for the top product, the "Yangguang Hong New Energy Theme A," increasing by over 53% [8]. - The product's asset allocation indicates a high concentration in equity assets, with 88.2% of total assets invested in equities, including leading companies in lithium battery materials and wind power [8]. - Despite a net redemption of 801,000 units in the third quarter, the product's net asset value increased by 670,000 yuan, reaching 17.2493 million yuan [8]. Group 3: Risk and Volatility - The products with strong industry characteristics, such as "Yangguang Hong New Energy Theme A," exhibit high volatility, with maximum drawdowns exceeding 12% and annualized volatility rates above 20% [9]. - The annualized returns for "Yangguang Hong New Energy Theme A" were reported at -33.91% for 2023, 16.69% for 2024, and 86.63% year-to-date as of September 30, 2025 [9]. - The product experienced a net value decline of 9.47% from November 13 to November 27, 2025, amid market fluctuations [9].