Core Viewpoint - The Dachen Investment Select June Mixed A Fund reported a profit of 7.394 million yuan in Q2 2025, with a weighted average profit per fund share of 0.0339 yuan, and a net asset value growth rate of 2.45% during the period [3][17]. Fund Performance - As of July 21, the fund's unit net value was 1.373 yuan, with a near one-year cumulative net value growth rate of 28.73%, the highest among its peers, while the lowest was 18.32% [3]. - The fund's performance over different time frames includes a three-month growth rate of 8.32% (ranked 390/607), a six-month growth rate of 8.88% (ranked 361/607), a one-year growth rate of 24.15% (ranked 234/601), and a three-year growth rate of 39.20% (ranked 10/470) [4]. Risk and Return Metrics - The fund's Sharpe ratio over the past three years is 0.9347, ranking 2/468 among comparable funds [9]. - The maximum drawdown over the past three years is 18.44%, with the largest single-quarter drawdown occurring in Q1 2022 at 14.23% [12]. Investment Strategy - The average stock position of the fund over the past three years is 62.12%, compared to the industry average of 85.36%. The fund reached its highest stock position of 84.32% at the end of Q1 2022 and its lowest of 19.35% at the end of Q3 2021 [15]. - The fund has a high concentration of holdings, with stable stock selections including major companies such as Kanghong Pharmaceutical, Puluo Pharmaceutical, YTO Express, Meituan-W, ZTE Corporation, and China Mobile [21].

Core Viewpoint - The AI Fund Everbright Prudential Dividend Mixed A (360005) reported a profit of 10.48 million yuan for Q2 2025, with a net asset value growth rate of 4.05% during the period [3][17]. Fund Performance - As of July 18, the fund's unit net value was 1.839 yuan, with a one-year return of 6.53%, ranking 521 out of 601 comparable funds [3][4]. - The fund's three-month return was 8.50%, ranking 402 out of 607, and the six-month return was 9.87%, ranking 348 out of 607 [4]. - Over the past three years, the fund's return was -11.71%, ranking 228 out of 468 [4]. Risk Metrics - The fund's Sharpe ratio over the past three years was -0.1408, ranking 341 out of 468 [10]. - The maximum drawdown over the past three years was 29.06%, with the largest single-quarter drawdown occurring in Q1 2021 at 17.55% [12]. Fund Holdings - As of Q2 2025, the fund's top ten holdings included Kelun Pharmaceutical, Zhaoyi Innovation, Bank of China, CITIC Bank, Huahai Pharmaceutical, China Construction Bank, Ningbo Bank, Yangtze Power, China Shenhua, and Chongqing Rural Commercial Bank [21]. - The average stock position over the past three years was 79.12%, compared to the industry average of 85.36% [15].

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 report highlights the performance and management strategies of the E Fund Rui Jin Mixed A Fund, indicating a resilient economic backdrop supported by proactive macro policies despite internal and external challenges [4][5]. Fund Performance - In Q2 2025, the fund reported a profit of 9.8066 million yuan, with a weighted average profit per fund share of 0.0221 yuan [4]. - The fund's net asset value (NAV) growth rate for the quarter was 1.81%, with a total fund size of 679 million yuan as of the end of Q2 [4][15]. - As of July 18, the fund's unit NAV was 1.305 yuan [4]. Comparative Performance - Over the past three months, the fund's NAV growth rate was 2.23%, ranking 57 out of 142 comparable funds [5]. - The fund's six-month NAV growth rate was 2.85%, ranking 43 out of 142 [5]. - The one-year NAV growth rate was 7.75%, ranking 35 out of 142 [5]. - The three-year NAV growth rate was 20.90%, ranking 3 out of 142 [5]. Risk Metrics - The fund's Sharpe ratio over the past three years was 1.0558, ranking 2 out of 142 comparable funds [10]. - The maximum drawdown over the past three years was 2.81%, with a ranking of 126 out of 142 [11]. Investment Strategy - The average stock position over the past three years was 19.42%, compared to the industry average of 18.43% [14]. - The fund reached a peak stock position of 33.73% at the end of H1 2024, with a minimum of 8.73% at the end of Q3 2023 [14]. Top Holdings - As of the end of Q2 2025, the fund's top ten holdings included Changjiang Electric Power, Focus Media, Jiangsu Bank, Guangdong Highway A, China Automotive Research, Daqin Railway, Transsion Holdings, Postal Savings Bank, Sichuan Investment Energy, and Ninghu High-Speed [18].

Core Viewpoint - The AI Fund Anxin Dividend Select Mixed A (018381) reported a profit of 4.1416 million yuan for Q2 2025, with a net asset value growth rate of 2.71% during the period [3]. Fund Performance - As of the end of Q2 2025, the fund's scale was 152 million yuan [15]. - The fund's unit net value was 1.271 yuan as of July 17 [3]. - The fund's performance over different periods includes: - 3-month net value growth rate: 6.23%, ranking 476 out of 607 comparable funds [3]. - 6-month net value growth rate: 8.95%, ranking 363 out of 607 comparable funds [3]. - 1-year net value growth rate: 14.43%, ranking 405 out of 601 comparable funds [3]. Fund Management and Strategy - The fund manager, Zhang Ming, oversees 9 funds and has slightly increased allocations in light industry and home appliances while reducing exposure in construction materials, environmental protection, and retail [3]. - The fund's average stock position since inception is 79.71%, compared to the industry average of 85.32% [14]. Risk Metrics - The fund's Sharpe ratio since inception is 1.1654 [8]. - The maximum drawdown since inception is 13.02%, with the largest quarterly drawdown occurring in Q3 2024 at 10.38% [11]. Holdings - As of the end of Q2 2025, the top ten holdings include major companies such as China Construction Bank, China Shenhua Energy, and Industrial and Commercial Bank of China [18].

Core Viewpoint - The stock and mixed funds showed a positive return, with 90.69% achieving positive net value growth on July 17, 2023, and 130 funds exceeding a 5% return [1][2]. Fund Performance Summary - On July 17, the average net value growth rate for stock and mixed funds was 1.02%, with 90.69% of funds reporting positive growth [1]. - The top-performing fund was Nord New Life A, with a net value growth rate of 7.05%, followed closely by Nord New Life C at 7.04% and Invesco Great Wall Medical Industry Stock C at 6.41% [2][3]. - Among the funds with over 5% growth, 73 were equity funds, 20 were index equity funds, and 16 were flexible allocation funds [2]. Fund Drawdown Summary - A total of 20 funds experienced a net value drawdown exceeding 1%, with the largest drawdown recorded by the Gold Stock ETF at -1.36% [2][4]. - Other notable drawdowns included the Guotai CSI Hong Kong and Shanghai Gold Industry Stock ETF and the Huaxia CSI Hong Kong and Shanghai Gold Industry Stock ETF, both at -1.35% [4][5].

Core Viewpoint - The report highlights the performance of stock and mixed funds on June 18, with 57.10% achieving positive returns, while 415 funds experienced a net value drawdown exceeding 1% [1][2]. Fund Performance Summary - Among stock and mixed funds, 66 funds reported a return exceeding 3%, with the top performer being Yongying Technology Smart Mixed Fund C, achieving a net value growth rate of 4.91% [1][2]. - The average net value growth rate for stock and mixed funds on June 18 was 0.14% [1]. - The sectors with the highest gains included electronics, communication, and defense, with increases of 1.50%, 1.39%, and 0.95% respectively [1]. Fund Types and Drawdowns - The top-performing fund, Yongying Technology Smart Mixed Fund C, is categorized as an equity fund, with 44 of the funds with over 3% growth also being equity funds [2]. - A total of 415 funds experienced a drawdown exceeding 1%, with the largest decline recorded by E Fund Hong Kong Securities Investment Theme ETF at -2.68% [2][4]. - Other funds with significant drawdowns included Qianhai Kaiyuan Hong Kong-Shenzhen Core Resource Mixed A and C, both at -2.42% [4][5]. Fund Company Performance - Among the funds with a net value growth rate exceeding 3%, 15 funds belong to Caitong Fund, while both Xinda Australia Fund and E Fund have 8 funds each listed [1][2]. - The report provides a detailed ranking of funds based on their performance, showcasing various fund types and their respective growth rates [2][3].

Summary of Key Points Core Viewpoint - The stock and mixed funds experienced a mixed performance on June 10, with only 19.99% achieving positive returns, while a significant number of funds faced declines exceeding 2% [1][2]. Fund Performance - Among stock and mixed funds, 68 funds reported returns exceeding 2%, with the top performer being Qianhai Kaiyuan Medical Health C, which achieved a net value growth rate of 2.78% [1][2]. - The average net value growth rate for these funds on June 10 was -0.46% [1]. Sector Performance - The Shanghai Composite Index fell by 0.44%, closing at 3384.82 points, while the Shenzhen Component Index and the ChiNext Index dropped by 0.86% and 1.17%, respectively [1]. - The leading sectors in terms of growth included Beauty Care (up 1.10%), Banking (up 0.48%), and Pharmaceutical & Biological (up 0.33%) [1]. Fund Types - The top-performing fund, Qianhai Kaiyuan Medical Health C, belongs to the flexible allocation category, while 27 funds in the positive growth category are classified as equity funds [2]. - Among the funds that experienced a decline, the largest drop was recorded by AVIC Vision Leading Mixed Initiation A, with a net value decrease of 3.43% [2][4]. Fund Company Performance - In the list of funds with net value growth rates exceeding 2%, Huashan Fund had 8 funds, while both Fortune Fund and Ping An Fund had 6 funds each [1][2].

Core Viewpoint - The stock and mixed funds showed a positive return trend on May 14, with 75.76% of funds achieving positive net value growth, while 157 funds experienced a net value decline exceeding 1% [1][2]. Fund Performance Summary - On May 14, the average net value growth rate for stock and mixed funds was 0.40%, with 93 funds reporting growth rates over 3% [1][2]. - The top-performing fund was the Fangzheng Fubang CSI Insurance C, with a net value growth rate of 4.77%, followed by Fangzheng Fubang CSI Insurance A at 4.63% and E Fund CSI 300 Non-Bank ETF at 4.24% [1][2][3]. - Among the funds with a growth rate over 3%, 78 were index stock funds, 6 were equity funds, and 4 were flexible allocation funds [2]. Fund Decline Summary - A total of 157 funds experienced a net value decline exceeding 1%, with the largest decline recorded by Yongying New Energy Smart Selection Mixed Initiation C at -2.25% [2][4]. - Other notable declines included Yongying New Energy Smart Selection Mixed Initiation A at -2.25%, and Taixin Xin Selected Mixed A at -1.96% [4][5].