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基金分析报告:孙子兵法基金池202505:灵活交易型更适应当前市场
Minsheng Securities· 2025-05-14 09:48
Performance Overview - The "Sun Tzu" fund pool achieved an annualized return of 12.28%, outperforming the equity fund index by 6.37% as of April 30, 2025[1] - The unknown return fund pool had an annualized return of 14.44%, with an annualized Sharpe ratio of 0.63, indicating high investment efficiency[1] Fund Types and Strategies - The flexible trading fund pool recorded an annualized return of 10.33%, with an excess return of 3.61% relative to the equity fund index in 2025[2] - The stock selection pioneer fund pool achieved an annualized return of 10.61%, outperforming the equity fund index by 4.71%[2] - The hotspot tracking fund pool had an annualized return of 11.71%, with an excess return of 5.81% compared to the equity fund index[2] Risk Management - The risk-averse fund pool delivered an annualized return of 11.13%, with a lower annualized volatility of 21.45%[3] - The low Beta fund pool achieved an annualized return of 7.83%, outperforming the equity fund index by 2.08%[3] Historical Performance Insights - The "Sun Tzu" fund pool has shown strong excess return stability since 2011, with only slight underperformance in 2019 and 2024[1] - The unknown return fund pool consistently outperformed the equity fund index in most years, except for 2024[1]