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].