华商基金胡中原：代表作华商润丰混合A近5年收益涨超216%

Core Insights - The article highlights the impressive performance of Hu Zhongyuan, the Deputy General Manager of the Multi-Asset Investment Department at Huashang Fund, particularly through the Huashang Runfeng Flexible Allocation Mixed Fund, which achieved a return of 216.63% over five years, significantly outperforming the benchmark return of 13.13% [1][5]. Group 1: Investment Philosophy - Hu Zhongyuan emphasizes the importance of risk-reward ratio as the primary principle in his investment philosophy [6]. - His equity investment system focuses on mid-level industry comparisons, with a preference for balanced allocation across leading companies in various sectors [6][8]. - The investment strategy involves a disciplined approach, avoiding speculation and focusing on fundamental analysis of industries [6][9]. Group 2: Performance Metrics - The Huashang Runfeng Flexible Allocation Mixed Fund has consistently delivered positive returns each year from 2019 to 2024, showcasing its ability to navigate through market fluctuations [1][2]. - As of September 30, 2025, the fund's performance rankings place it in the top ten across various time frames, including 10th out of 365 funds over the past seven years and 4th out of 472 funds over the past three years [4][5]. - The fund's one-year return stands at 110.75%, compared to a benchmark return of 13.74% [5]. Group 3: Market Outlook - Looking ahead, Hu Zhongyuan expresses optimism about the equity market, particularly in sectors related to artificial intelligence, which he believes will continue to evolve and create investment opportunities [10]. - He also highlights the potential for growth in the consumer and pharmaceutical sectors due to demographic changes and advancements in China's innovation capabilities [10].