2025场外指数基金成绩单出炉！天弘通信设备斩获同类第一！

Core Insights - The Tianhong CSI All-Share Communication Equipment Index Fund (Class A: 020899, Class C: 020900) achieved remarkable performance in 2025, ranking first among similar index funds with Class A shares yielding 118.64% and Class C shares yielding 118.21%, significantly outperforming the average return of passive index funds during the same period [1][2]. Fund Performance - The performance data for the Tianhong CSI All-Share Communication Equipment Index Fund covers the period from January 1, 2025, to December 31, 2025, with the fund's Class A shares achieving a return of 118.64% and Class C shares achieving a return of 118.21% [1]. - The fund closely tracks the CSI All-Share Communication Equipment Index, which includes 50 listed companies involved in the communication equipment sector, reflecting the overall performance of these companies [6]. Investment Strategy - Zhang Ge, the fund manager, emphasizes the dual trends of "AI computing power explosion + communication infrastructure upgrade" as the core opportunities in the technology market for 2025, which underpins the recommendation to focus on the communication equipment sector [2][3]. - The demand for computing power is expected to grow exponentially due to the transition of AI from a technical concept to large-scale implementation, with communication equipment serving as the "transmission base" [2]. - The industry is experiencing a "volume and price increase" pattern, with leading manufacturers seeing revenue growth rates exceeding 50%, and some even surpassing 150%, providing solid support for the fund's performance [2]. Market Positioning - Since June 2025, Zhang Ge has consistently recommended the Tianhong CSI All-Share Communication Equipment Index Fund through his personal Alipay account, indicating a proactive approach to investment opportunities in the communication equipment sector [3].