百亿主动权益基金经理重回100位【国信金工】

Market Review - The A-share market showed a mixed performance last week, with the Shanghai Composite Index, CSI 300, and ChiNext Index gaining 1.08%, 0.82%, and 0.65% respectively, while the SME Board, CSI 500, and STAR 50 Index declined by -0.59%, -0.04%, and 0.01% respectively [1][12] - The trading volume of major indices decreased last week, with the average daily trading volume also declining over the past month [14][16] - In terms of industry performance, power equipment and new energy, steel, and oil and petrochemicals led with gains of 5.10%, 4.57%, and 4.56% respectively, while pharmaceuticals, computers, and comprehensive finance lagged with losses of -2.36%, -2.08%, and -1.98% respectively [1][17] Fund Performance - Active equity, flexible allocation, and balanced mixed funds reported returns of 0.17%, 0.19%, and 0.72% respectively last week. Year-to-date, active equity funds have the best performance with a median return of 29.59% [29][30] - The median excess return for index-enhanced funds was -0.14%, while quantitative hedge funds had a median return of 0.27%. Year-to-date, index-enhanced funds have a median excess return of 3.95% [33][34] Fund Issuance - A total of 48 new funds were established last week, with a total issuance scale of 265 billion, which is a decrease from the previous week. Additionally, 37 funds entered the issuance phase last week, and 39 funds are set to begin issuance this week [3][4] Open-end Public Fund Overview - As of last week, there were 254 ordinary FOF funds, 118 target date funds, and 153 target risk funds. The median performance of target date funds was the best, with a cumulative return of 16.64% year-to-date [2][36] Market Dynamics - The central bank's net withdrawal of funds through reverse repos was 15,722 billion, with a net public market injection of 4,958 billion. Interest rates for different maturities of government bonds have risen, and credit spreads for different ratings have narrowed [20][24][25]