Group 1 - The core investment philosophy of the fund manager is to adapt investment paradigms according to changing market environments, focusing on discovering the fastest-growing emerging forces in the Chinese economy [1][2] - The investment strategy has shifted from industry beta-driven growth before 2019 to macro alpha-driven approaches from 2023 to 2025, emphasizing bottom-up stock selection and focusing on high-quality companies driven by entrepreneurial spirit [2][3] - The fund manager aims to identify companies that demonstrate China's competitive advantages through innovation, channel expansion, and technological breakthroughs, rather than relying solely on natural industry growth [3][4] Group 2 - The investment style is characterized by a balanced approach that combines offensive growth opportunities in sectors like new consumption and technology with defensive strategies to mitigate volatility risks [4][5] - The fund manager employs a diversified portfolio strategy, typically spreading investments across 5-6 industries to reduce the impact of volatility from any single sector or stock [4][5] - The investment framework utilizes the "one vertical and one horizontal" approach to calibrate investment coordinates based on macroeconomic conditions and national economic policies [4][5] Group 3 - The fund manager's previous product, Wan Jia New Opportunities Leading Enterprises Mixed A, has significantly outperformed its benchmark over the past five years, ranking in the top 8% among similar funds [6] - The upcoming floating fee rate fund, Wan Jia New Opportunities Sharing, aligns with the fund manager's long-term performance and risk control strategies, aiming to enhance investor experience [6] - The fund manager expresses confidence in the resilience of the Chinese economy and anticipates a structural market rally, shifting from a conservative strategy to a more aggressive focus on technology and consumption [6][7]

Group 1 - The core viewpoint of the news is the launch of the "Wanjia New Opportunities Sharing" fund by Wanjia Fund, which is a mixed equity fund managed by Shu Jinwei, with a floating management fee structure based on performance benchmarks [1][3][4] - The fund aims to achieve long-term asset appreciation while strictly controlling risks, with a performance benchmark composed of 60% CSI 300 Index, 15% Hang Seng Index, and 25% new comprehensive bond index [3][4] - The fund has a minimum fundraising target of 200 million shares and will be publicly offered from June 3, 2025, to June 30, 2025 [3] Group 2 - Shu Jinwei, the proposed fund manager, has a background in finance and has been with Wanjia Fund since April 2013, currently managing four funds, including three active equity funds and one bond fund [5][6] - Data as of May 30 shows that Shu Jinwei's three products have underperformed their benchmarks over the past year [2][8] - The floating fee structure is designed to align the interests of investors and the fund company, with management fees varying based on the fund's performance relative to the benchmark [4][8]