Core Insights - The AI Fund Zhongou Pension Mixed A (001955) reported a profit of 42.22 million yuan for Q2 2025, with a weighted average profit per fund share of 0.0556 yuan [3] - The fund's net value growth rate for the reporting period was 2.06%, and as of the end of Q2, the fund size was 1.866 billion yuan [3] - The fund manager, Xu Wenxing, oversees five funds, all of which have shown positive returns over the past year [3] Fund Performance - As of July 18, the fund's unit net value was 2.886 yuan [3] - The fund's performance over various time frames includes: - 3-month net value growth rate: 1.01%, ranking 131 out of 132 comparable funds [4] - 6-month net value growth rate: 10.22%, ranking 66 out of 132 [4] - 1-year net value growth rate: 25.00%, ranking 39 out of 132 [4] - 3-year net value growth rate: 11.72%, ranking 21 out of 127 [4] Risk and Return Metrics - The fund's Sharpe ratio over the past three years is 0.3113, ranking 27 out of 129 comparable funds [9] - The maximum drawdown over the past three years is 41.7%, ranking 38 out of 129 [11] - The largest single-quarter drawdown occurred in Q1 2022, at 19.7% [11] Investment Strategy - The fund has maintained an average stock position of 87.23% over the past three years, compared to a peer average of 86.11% [14] - The fund reached a peak stock position of 93.13% at the end of 2023, with a low of 73.76% at the end of 2021 [14] Holdings Concentration - The fund has a high concentration in its top holdings, with the top ten stocks consistently exceeding 60% over the past two years [18] - As of Q2 2025, the top ten holdings include companies such as Gujia Home, Chenguang Stationery, and Songcheng Performance [18]