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 are currently at a loss 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 down over 50% since their inception [1] Fund Performance - Jin Yuan Shun An Medical Health Mixed A/C, established on July 29, 2021, has a cumulative return of -57.76% and -58.15% respectively as of February 5, 2026 [2] - The fund has undergone two manager changes, with no profitable returns recorded under any of the managers [1][2] - The fund's recent performance includes a -5.5% return in January and a -17.31% return over the past six months [2] Manager Changes - The current fund managers, Chen Mingjie and Zhang Haidong, have limited experience, with Chen having joined in June 2016 and Zhang starting in May 2025 [3] - Historical performance under different managers shows negative returns, with the most recent manager, Zhang, achieving a -9.20% return over 108 days [3] Top Holdings - As of the fourth quarter of 2025, the top ten holdings of the fund include companies such as Sangfor Technologies, Baidu Tianheng, and WuXi AppTec [4]