Core Viewpoint - The AI Fund Huabao New Opportunities Mixed A (162414) reported a profit of 520,400 yuan for Q2 2025, with a weighted average profit per fund share of 0.0188 yuan, and a net value growth rate of 1.14% during the reporting period [3][4]. Fund Performance - As of July 18, the fund's unit net value was 1.771 yuan, with a three-month net value growth rate of 2.39%, ranking 50 out of 142 comparable funds [4]. - The fund's six-month net value growth rate was 2.44%, ranking 53 out of 142, while the one-year growth rate was 5.21%, ranking 69 out of 142 [4]. - Over three years, the fund achieved a net value growth rate of 8.66%, ranking 47 out of 142 [4]. Risk and Return Metrics - The fund's Sharpe ratio over the past three years was 0.4031, ranking 46 out of 142 comparable funds [8]. - The maximum drawdown over the past three years was 4.33%, with the highest single-quarter drawdown recorded at 5.06% in Q2 2019, ranking 91 out of 142 [10]. Investment Strategy - The fund maintained an average stock position of 33.35% over the past three years, significantly higher than the comparable average of 18.35% [13]. - The fund reached a peak stock position of 40.82% at the end of Q1 2025 and a low of 13.56% at the end of Q3 2021 [13]. Fund Size and Holdings - As of the end of Q2 2025, the fund's size was 43.32 million yuan [14]. - The top ten holdings of the fund included major companies such as Kweichow Moutai, Bank of Communications, China Merchants Bank, and others, indicating a stable investment portfolio [17]. Market Outlook - The fund management indicated that the market will continue to face challenges in the domestic and international macro environment, emphasizing the importance of fundamental performance, valuation changes, and company quality as long-term focus areas [3].

Core Viewpoint - The AI Fund, Invesco Great Wall Quality Investment Mixed A, reported a profit of 11.4488 million yuan for Q2 2025, with a net asset value growth rate of 3.42% [3][16]. Fund Performance - As of July 18, the fund's unit net value was 3.358 yuan, with a one-year return of 20.79%, ranking 275 out of 601 comparable funds [4]. - The fund's performance over different periods includes a three-month return of 15.08% (168/607), a six-month return of 11.34% (285/607), and a three-year return of -4.76% (155/468) [4]. - The fund's Sharpe ratio over the past three years was 0.1298, ranking 164 out of 468 comparable funds [10]. - The maximum drawdown over the past three years was 35.56%, with the largest single-quarter drawdown occurring in Q1 2024 at 23.54% [12]. Fund Management Insights - The fund manager indicated that external demand is expected to weaken, which may negatively impact production and employment in export-related sectors. Additionally, declining housing prices could further dampen consumer spending [3]. - The fund maintained an average stock position of 85.3% over the past three years, with a peak of 91.17% in Q3 2021 and a low of 71.07% at the end of 2021 [15]. Fund Holdings - As of Q2 2025, the top ten holdings of the fund included companies such as Siwei Technology, China Mobile, CATL, and Midea Group [19]. Fund Size - The fund's total size as of the end of Q2 2025 was 354 million yuan [16].

Core Viewpoint - The AI Fund Guolian New Opportunities Mixed A (001261) reported a profit of 546,000 yuan in Q2 2025, with a weighted average profit per fund share of 0.0151 yuan. The fund's net value growth rate for the period was 2.68%, and the fund size reached 20.8917 million yuan by the end of Q2 2025 [2][12]. Fund Performance - As of July 18, the unit net value was 0.637 yuan. The fund manager, Du Chao, oversees 10 funds, with the Guolian CSI 500 ETF showing the highest one-year return at 26.26%, while Guolian Coal A had the lowest at -10.7% [2]. - The fund's net value growth rates over various periods are as follows: 12.35% over the last three months (ranked 286 out of 880), 8.70% over the last six months (ranked 410 out of 880), 13.35% over the last year (ranked 471 out of 880), and -59.68% over the last three years (ranked 870 out of 871) [2]. Investment Strategy - The fund management indicated a balanced allocation strategy in Q2, focusing on selecting stocks with growth, financial, and valuation advantages. The aim is to invest in companies with stable long-term performance to achieve better returns [2]. Risk Metrics - The fund's three-year Sharpe ratio stands at -0.8922, ranking 871 out of 875 among comparable funds [6]. - The maximum drawdown over the past three years was 68.1%, with the worst quarterly drawdown occurring in Q1 2021 at 29.95% [8]. Portfolio Composition - As of June 30, the fund maintained an average stock position of 86.63% over the last three years, compared to a peer average of 80.43%. The highest stock position was 92.52% at the end of Q1 2022, while the lowest was 51.72% in mid-2019 [11]. - The top ten holdings of the fund as of Q2 2025 include China Pacific Insurance, Liding Optoelectronics, China Mobile, and others [15].

Core Viewpoint - The AI Fund Xin'ao Dividend Return Mixed A (610005) reported a profit of 11.1756 million yuan for Q2 2025, with a weighted average profit per fund share of 0.0576 yuan. The fund's net value growth rate was 7.8%, and its total size reached 150 million yuan by the end of Q2 2025 [2][15]. Fund Performance - As of July 17, the unit net value was 0.752 yuan. The fund manager, Zou Yun, oversees four funds, with the Xin'ao Blue Chip Selected Stock A showing the highest one-year cumulative net value growth rate of 0.67%, while Xin'ao Zhicheng Selected Mixed A had the lowest at -1.05% [2]. - The fund's net value growth rates over various periods are as follows: 1.21% over the last three months (ranked 586/607 among peers), 10.59% over the last six months (ranked 303/607), -0.66% over the last year (ranked 582/601), and -37.08% over the last three years (ranked 446/468) [2]. Risk Metrics - The fund's Sharpe ratio over the last three years was -0.4653, ranking 443/468 among comparable funds [8]. - The maximum drawdown over the last three years was 45.06%, with the highest single-quarter drawdown occurring in Q3 2021 at 24.62% [10]. Investment Strategy - The average stock position over the last three years was 88.54%, slightly above the peer average of 85.32%. The fund reached its highest stock position of 92.77% at the end of Q3 2021 and its lowest of 75.52% at the end of Q1 2019 [13]. Top Holdings - As of the end of Q2 2025, the fund's top ten holdings included Yanjing Beer, New Dairy, Ruoyuchen, Perfect World, Dengkang Dental, Yanjinpuzi, Stable Medical, Binjiang Group, Geli Si, and Yingshi Innovation [18].