Core Insights - Public funds have performed well this year, with active stock and mixed open-end funds achieving ten-year returns of 160.79% and 114.6%, respectively, significantly outperforming stock ETFs at 82.07% [1] - A limited number of funds have achieved the "Double Ten Fund" status, with seven products from China Europe Fund Company meeting the criteria of being established for over ten years and having an annualized return exceeding 10% [1] - The long-term performance of China Europe Fund Company is highlighted by its ranking in absolute returns among large equity fund companies, placing second over the past year and third over the past decade [2] Fund Performance - The "Double Ten Funds" from China Europe Fund Company include: - China Europe New Blue Chip A: 14.02% - China Europe Value Discovery A: 10.63% - China Europe New Power A: 12.87% - China Europe Value Select Return A: 16.27% - China Europe Growth Preferred Return A: 10.78% - China Europe Industry Growth A: 11.92% - China Europe Potential Value A: 10.53% [1][2] - China Europe New Blue Chip Mixed A, managed by veteran Zhou Weiwen, has delivered a cumulative return of over 535% since its inception, with an annualized return of 13.74% [3] Investment Strategy - Zhou Weiwen's investment style emphasizes balanced allocation, combining growth and value investments, focusing on long-term stable returns rather than short-term performance spikes [3][4] - The balanced investment approach requires extensive industry research and timely positioning within industry cycles, which is crucial for capturing undervalued opportunities [4] Research and Development - China Europe Fund Company has upgraded its research and investment system, introducing the "Asset Management Industrialization" concept, which focuses on professional, industrial, and intelligent investment strategies [7][8] - The company has a specialized research team of over 240 members, with more than 90 experts having over ten years of experience, covering over 20 niche sectors [7] Market Adaptation - The establishment of the "China Europe Manufacturing" system aims to produce high-quality investment products consistently, addressing the need for sustainable returns in a changing market environment [8] - The regulatory environment emphasizes the importance of long-term investment behaviors, pushing fund managers to move away from chasing short-term performance [8]

Core Viewpoint - The article emphasizes the importance of fund managers who have achieved significant returns over a five-year period, highlighting those with over 500% returns as particularly noteworthy [3]. Fund Performance Summary - As of October 9, 2023, there are 145 active equity funds that have doubled their returns over a five-year period. Notable funds include: - 诺安先锋混合A with a return of 1155.96% - 摩根新兴动力混合A with a return of 792.39% - 易方达科翔混合 with a return of 699.47% - 中欧新蓝筹混合A with a return of 540.05% - 万家品质生活A with a return of 533.43% - 万家新兴蓝筹A with a return of 532.55% [3][4]. Investment Philosophy - The investment philosophy of fund managers like 杨谷 focuses on value investing and finding market safety margins. Key considerations in stock selection include: - Customer stickiness, which addresses whether a company can solve user pain points [5]. - Establishment of barriers such as technological, product, or sales barriers, which are crucial for sustained growth [5]. - Presence in a blue ocean market, indicating less competition and more growth potential [5]. Notable Fund Managers - 莫海波 from 万家基金 manages six funds, the highest number among fund managers listed, with significant returns across all [6][7]. - The article also highlights the performance of other fund managers, such as 徐彦 from 大成基金, whose funds have maintained maximum drawdowns below -20% [10][11].

Group 1 - Altec Automotive Technology Co., Ltd. (stock code: 300825) has experienced a decline for five consecutive trading days, with a cumulative drop of -3.05% [1] - In the first quarter of this year, China Europe Fund's China Europe New Blue Chip Mixed A Fund entered Altec's top ten shareholders as a new investor [1] - The year-to-date return of the China Europe New Blue Chip Mixed A Fund is 6.57%, ranking 2020 out of 4527 in its category [1] Group 2 - The performance of the China Europe New Blue Chip Mixed A Fund shows a year-to-date return of 6.57%, with a quarterly return of -0.86% and a monthly return of 3.80% [2] - The fund's performance is compared to the average of its peers, which has a year-to-date return of 7.76% [2] - The fund manager, Zhou Weiwen, has extensive experience, having managed various funds since 2006, and currently oversees multiple funds at China Europe Fund Management [3][4] Group 3 - The other fund manager, Feng Ludan, has been with China Europe Fund Management since 2016 and has managed the China Europe New Blue Chip Flexible Allocation Mixed Fund since October 2021 [5] - Feng Ludan's managed funds have shown significant returns, with the China Europe Digital Economy Mixed Fund achieving a return of 67.65% since September 2023 [5]