Core Viewpoint - The article highlights the significant presence of small to medium-sized private fund managers in the industry, with a focus on "Holding Win Private Fund" as a standout performer in the CTA product category, showcasing impressive returns and innovative strategies [3][4]. Group 1: Company Overview - Nanjing Holding Win Private Fund Management Co., Ltd. was established in 2007 and specializes in the futures market, emphasizing rational investment and risk control [9][10]. - The company has a management scale of approximately 9 billion and operates under a subjective CTA investment model [10]. Group 2: Performance Highlights - As of October 2025, the "Holding Win Jingcheng Suozhi A Class" fund managed by Qian Jun achieved a remarkable return of ***% from January to October, ranking first among CTA products [3]. - The "Holding Win Chizhi Yiheng A Class" fund has also shown outstanding performance, with a cumulative return of ***% in 2023, leading the non-debt private fund products [3][4]. Group 3: Investment Philosophy & Strategies - The core investment philosophy focuses on risk control, advocating for timely stop-loss measures and maintaining light positions to manage risks effectively [15][16]. - The representative strategy, "Holding Win Subjective CTA Trend Tracking Strategy," aims to capture complete trends while managing risks through gradual position adjustments [19]. Group 4: Core Advantages - The company boasts over 20 years of practical experience in the futures market, with a proven track record of effective strategies that have been validated through various market cycles [22]. - A robust risk control system ensures that all completed products have positive returns since inception, demonstrating a commitment to safeguarding investor capital [23]. - The investment approach emphasizes both offense and defense, prioritizing the safety of new capital while locking in profits from existing investments [25]. Group 5: Management Insights - The management maintains a bullish long-term outlook on gold, believing that geopolitical dynamics will continue to support its price increase, with expectations for new highs by the end of the year or early next year [27].