2025主动权益基金放榜：冠军收益刷新纪录，首尾差距超250%

Core Insights - The 2025 performance of public mutual funds revealed a significant structural market trend, with actively managed equity funds heavily invested in technology sectors achieving remarkable returns, particularly the Yongying Technology Smart Selection fund, which recorded a 233.29% annual return, setting a new record for public mutual funds [1][2] Group 1: Fund Performance - The Yongying Technology Smart Selection fund topped the active equity fund rankings for 2025, achieving a return of 233.29%, surpassing the previous record of 226.24% set by Huaxia Large Cap Select in 2007 [2] - A total of 75 funds saw their net value double in 2025, primarily focusing on technology sectors such as AI, computing power, semiconductors, and robotics [2][3] - The average return for actively managed equity funds in 2025 was 32.53%, while the average for mixed equity funds was slightly higher at 33.96% [3] Group 2: Market Trends - The market in 2025 was characterized by a strong focus on AI and related technology sectors, with funds that concentrated their investments in these areas achieving significant outperformance [4] - The disparity in fund performance was stark, with a difference of over 250% between the best and worst-performing funds, indicating a highly polarized market environment [3][5] - Looking ahead to 2026, market dynamics are expected to shift from valuation-driven growth to profit-driven growth, suggesting a potential for more balanced market styles [4][5] Group 3: Investment Strategies - The success of funds in 2025 was attributed to high concentration and high positioning in technology sectors, showcasing the value of active management by fund managers [4] - Future performance disparities among actively managed equity funds are anticipated to widen due to differences in investment styles, research capabilities, and responsiveness to market trends [5]