基金档案之七：25Q3，固收+规模突破2万亿

Fund Performance - In Q3 2025, the median return of fixed income + funds was 2.18%[1] - Convertible bond funds led with a median return of 13.01%[1] - Aggressive convertible bond enhancement funds followed with a median return of 5.58%[1] - Stock enhancement products achieved a median return of 2.44%[1] - Mild convertible bond enhancement funds lagged with a median return of 0.75%[1] Fund Scale Growth - The total scale of fixed income + funds exceeded 2 trillion yuan, reaching 2,076.47 billion yuan, an increase of 594.89 billion yuan from Q2 2025[2] - Fixed income + funds accounted for 19.3% of the broad bond fund market, up from 13.5%[2] - Stock enhancement funds saw the largest scale increase, growing by 366.34 billion yuan[2] - Mild convertible bond enhancement products increased by 135.19 billion yuan, while aggressive convertible bond and convertible bond funds grew by 54.78 billion yuan and 38.59 billion yuan, respectively[2] Top Performing Funds - The average return of top-performing stock enhancement funds was 6.42%, with the only fund exceeding 10% being Huatai-PB Dual Benefit Enhancement at 10.97%[4] - The average return of top-performing convertible bond enhancement funds was 13.23%, with Jin Ying Yuan Feng leading at 22.28%[4] - Notable convertible bond funds included Southern Changyuan Convertible Bond and Huaxia Convertible Bond Enhancement, with returns of 28.73% and 27.29%, respectively[4] Risk Considerations - Past performance of funds does not guarantee future returns, as future performance is influenced by macroeconomic conditions, market volatility, and style shifts[5]