刚刚过去的蛇年，你的基金赚钱了吗？

Core Insights - The A-share market experienced a significant structural bull market during the Snake Year (January 29, 2025 - February 16, 2026), with the Shanghai Composite Index returning to 4000 points after ten years, while global capital markets showed a trend of strong stocks and stable bonds, alongside a historic surge in precious metals [2][3]. Market Performance - The A-share market saw substantial gains, with the Shanghai Composite Index rising by 25.58%, the Shenzhen Component Index by 38.84%, and the ChiNext Index by 58.73%. The Hong Kong market also performed well, with the Hang Seng Index increasing by 32.04%. Precious metals saw remarkable increases, with the Wande Silver Industry Index and Wande Gold Industry Index rising by 295.37% and 127.66%, respectively [3][4]. Fund Performance - The Snake Year was a "harvest year" for the public fund industry, with an average return of 24.13% across 12,027 funds, where 97.41% of funds achieved positive returns. Commodity funds led with an average return of 60.78%, while active equity funds averaged 39.82% with nearly 99% achieving positive returns. Index funds also performed well with an average return of 37.97%, and bond funds provided stable returns averaging 3.85% [4][5]. Top Performing Funds - A total of 170 funds achieved returns exceeding 100%, with six funds surpassing 150%. The top three funds were all focused on technology themes, with returns of 221.41% for Yongying Technology Select A, 171.25% for Huashang Balanced Growth A, and 163.23% for AVIC Opportunity Navigator A. Additionally, several funds related to non-ferrous metals also performed strongly, with returns exceeding 120% [5][6]. Underperforming Funds - Despite the overall strong market performance, 311 funds recorded negative returns, with 15 funds experiencing declines of over 10%. The worst performer was Tongtai Huize A, with a return of -21.17%, attributed to a change in fund management and a shift in investment focus [7][9].