AI基金博时逆向投资混合A（004434）披露2025年半年报，上半年基金利润204.24万元，加权平均基金份额本期利润0.0567元。报告期内，基金净值增长率 为3.94%，截至上半年末，基金规模为5157.62万元。 该基金属于偏股混合型基金。截至9月3日，单位净值为1.939元。基金经理是李喆，目前管理的4只基金近一年均为正收益。其中，截至9月3日，博时高端装 备混合A近一年复权单位净值增长率最高，达51.83%；博时先进制造混合A最低，为30.62%。 基金管理人在中期报告中表示，展望未来，我们将继续对国内外经济、政策的变化保持敏感，做好积极应对；机会层面，我们将会把精力集中在新兴产业方 向，优质强阿尔法个股方向，以及低估值红利稳健方向，提高胜率。我们将不断优化组合，力争为持有人创造回报。 截至9月3日，博时逆向投资混合A近三个月复权单位净值增长率为35.89%，位于同类可比基金76/615；近半年复权单位净值增长率为34.49%，位于同类可比 基金68/615；近一年复权单位净值增长率为51.30%，位于同类可比基金199/601；近三年复权单位净值增长率为16.14%，位于同类可比基金83/340 ...

Core Viewpoint - The AI Fund Bosera Contrarian Investment Mixed A (004434) reported a profit of 1.3663 million yuan for Q2 2025, with a weighted average profit per fund share of 0.0385 yuan, and a net value growth rate of 2.74% during the reporting period [2] Fund Performance - As of July 18, the fund's unit net value was 1.546 yuan, with a fund size of 51.5762 million yuan as of the end of Q2 2025 [2][13] - The fund's one-year compounded net value growth rate reached 11.02%, the highest among its peers, while the lowest was 7.1% for Bosera Advanced Manufacturing Mixed A [2] - Over the past three months, the fund's compounded net value growth rate was 14.96%, ranking 175 out of 615 comparable funds; over six months, it was 8.67%, ranking 370 out of 615; and over three years, it was -11.48%, ranking 140 out of 324 [2] Risk Metrics - The fund's Sharpe ratio over the past three years was -0.0683, ranking 190 out of 319 comparable funds [7] - The maximum drawdown over the past three years was 35.33%, with a single-quarter maximum drawdown of 22.5% occurring in Q1 2021, ranking 217 out of 322 [9] Investment Strategy - The fund manager indicated a focus on emerging industries, high-quality alpha stocks, and undervalued dividend stocks to enhance the probability of success and optimize the portfolio for better returns [2] Portfolio Composition - As of the end of Q2 2025, the fund's top ten holdings included Ningde Times, Nuwell, ST Huaton, Xiaoshangpin City, Xinyi Sheng, Zhongji Xuchuang, Hudian Co., Zongshen Power, Ninebot, and Zijin Mining [16] - The average stock position over the past three years was 74.1%, compared to the industry average of 83.27%, with a peak of 85.53% at the end of 2021 and a low of 60.86% in mid-2021 [12]