2025收官倒计时，主动权益投资哪家强？

Core Insights - The A-share market has experienced a structural rally in 2025, leading to a significant performance year for equity funds, with 84 funds achieving over 100% returns, including 70 active equity funds, and the highest return exceeding 200% [1][8] - The CSI 300 index saw a rise of approximately 18% during the same period, highlighting the active management capabilities of public funds [1] Fund Performance - The top-performing public funds since 2025 include: - Yongying Technology Smart A: 240.56% - AVIC Opportunity Navigator A: 177.15% - Hongtu Innovation Emerging Industry A: 154.91% - Hengyue Advantage Selection A: 153.58% - Xin'ao Performance Driven A: 149.42% [2][9] - Among the 70 active equity "doubling funds," eight fund companies produced three or more such funds, predominantly larger fund companies [2][10] Fund Company Analysis - The fund companies with the most "doubling funds" include: - E Fund Management Co., Ltd.: 10 funds - Fortune Fund Management Co., Ltd.: 8 funds - Yongying Fund Management Co., Ltd.: 5 funds - Anxin Fund Management Co., Ltd.: 4 funds [3][10] - Hongtu Innovation Fund has shown remarkable performance with an average return of 84.69% across its eight active equity products, with three funds achieving over 100% returns [4][11] Investment Strategy - Hongtu Innovation Fund leverages its unique characteristics of "state-owned background + venture capital gene" to build a specialized investment research system, focusing on deep industry research and integrating it with market investment strategies [5][12] - The fund's investment strategy emphasizes high-growth sectors such as AI, aerospace, military, new energy, semiconductors, fintech, robotics, and consumption, aligning with national development strategies [6][13] - The fund's product layout is characterized by precision focus, with equity investments targeting high-growth sectors and fixed-income products emphasizing high dividend yields [6][13] Market Outlook - As 2025 concludes, the competition in active equity investment has shifted towards a deeper evaluation of research capabilities, suggesting that investors should prioritize firms with strong research advantages and long-term performance support to seize future market opportunities [6][13]