高位成立难解套 金元顺安医疗健康成立4年半亏约6成

Core Insights - The article discusses the performance of actively managed equity funds established in 2021, revealing that over 50% of these funds have not returned to their initial investment levels, despite the A-share market being above 4000 points [1] - A total of 667 actively managed equity funds were analyzed, with approximately 362 funds showing negative returns since inception, including 86 funds with declines exceeding 30% and 34 funds with declines over 40% [1] - Specific funds such as Jin Yuan Shun An Medical Health and others have experienced significant losses, with some funds showing declines of over 50% since their inception [1] Fund Performance Summary - Jin Yuan Shun An Medical Health Mixed A/C, established on July 29, 2021, has reported a cumulative return of -57.76% and -58.15% as of February 5, 2026, with multiple changes in fund management [2] - The fund's recent performance includes a 1-year return of 4.81% and a 3-year return of -47.55%, indicating a significant underperformance since its inception [2] - The fund's current scale is approximately 0.16 billion yuan as of December 31, 2025, and it is classified as a mixed equity fund with medium to high risk [2] Fund Manager Changes - The fund has undergone several management changes, with the latest managers being Chen Mingjie and Zhang Haidong, who have not achieved profitable returns during their tenure [3][4] - The performance of the fund managers during their respective tenures has been negative, with returns of -9.20% and -21.02% for the most recent managers [4] - The top ten holdings of the fund as of the fourth quarter of 2025 include companies like Sanofi, Bai Li Tian Heng, and others, indicating a focus on the healthcare sector [4]