236.88%，公募基金年度收益新纪录！翻倍基已达72只

Core Viewpoint - The year 2025 has seen significant performance from actively managed equity funds, with the highest annual return reaching 236.88%, setting a record for the highest annual return in public fund history [1][5][7]. Group 1: Fund Performance - As of December 26, 2025, a total of 72 actively managed equity funds achieved returns exceeding 100%, with the highest being Yongying Technology Smart A at 236.88% [1][6]. - The median return for actively managed funds was 29.03%, which is lower than the average return of 32.71% [2][13]. - Approximately 80% of actively managed funds outperformed their benchmarks, with 3,455 funds achieving returns above their performance benchmarks [2][6]. Group 2: Market Trends - The outstanding performance of these funds is closely tied to the structural market trends, particularly benefiting from the AI technology sector [8][9]. - The top-performing funds have high concentration in specific sectors, such as technology and innovative pharmaceuticals, indicating a trend towards sector-specific investment strategies [8][9]. Group 3: Fund Management Insights - The active management capabilities of public funds have been recognized as a significant advantage, with a shift from experience-driven to data and industry-driven research methodologies [16]. - There is a call for more funds with consistent performance to benefit a larger number of investors, emphasizing the need for sustainable growth in the active equity fund sector [15][16].