限购1万！“冠军基”出手

Core Viewpoint - The article discusses the recent decision by Yongying Fund to impose purchase limits on its top-performing fund, Yongying Technology Smart Selection, which has seen a year-to-date return of 177.8%, the highest in the market. This move is aimed at protecting existing investors and maintaining the fund's investment strategy effectiveness [2][3][9]. Group 1: Fund Performance and Limits - Yongying Technology Smart Selection has achieved a return of 177.8% year-to-date, making it the top fund in the market as of September 3 [2][3]. - The fund's total assets reached 1.166 billion RMB by the end of Q2 2025, with a total increase of 215.03% since its inception in October 2024 [3]. - Starting September 5, the fund will limit individual account purchases to 10,000 RMB per day, following a previous limit of 1 million RMB announced on August 27 [3][5]. Group 2: Reasons for Purchase Limits - The imposition of purchase limits is intended to guide investors towards rational decision-making and to prevent impulsive large investments due to market emotions [3][9]. - The limits also aim to control the growth of the fund's size, ensuring the stability and effectiveness of its investment strategy, thereby securing long-term sustainable returns for investors [3][9]. - The trend of limiting purchases is observed across over a hundred funds since August, indicating a shift in the industry from a scale-oriented approach to one focused on investor returns [2][8][9]. Group 3: Market Context and Future Outlook - The article notes a recent market recovery, which has led to increased interest in high-performing funds, prompting many fund managers to implement purchase limits [2][8]. - The fund management emphasizes the importance of understanding the underlying assets and risks associated with investments, advocating for a cautious approach to investment decisions [6][7]. - Looking ahead, the fund will focus on global cutting-edge models and emerging applications, particularly in the cloud computing industry, to identify investment opportunities [6].