Core Viewpoint - The article emphasizes the importance of long-term investment strategies and the need for fund managers to maintain trust with their investors through conservative investment practices and effective communication [1][3][6]. Group 1: Fund Performance and Investor Experience - The fund's net asset value and investor returns show a slight difference, indicating that investors likely have a positive experience [1]. - As of July 31, the first public fund of Zhongtai Asset Management has approximately 750,000 current investors with an average holding period of 782 days, suggesting a commitment to long-term investment [1]. - The average holding period for former investors is 308 days, which may exceed the industry average, highlighting the importance of reducing trading frequency for better long-term returns [1]. Group 2: Investment Philosophy - The company adopts a conservative investment approach, valuing stability and long-term viability over high-risk, high-reward strategies [3][4]. - The definition of a good company includes longevity and the ability to withstand market fluctuations, rather than solely focusing on growth potential [3]. - The article compares investment decisions to choosing a life partner, emphasizing the importance of enduring qualities over fleeting excitement [3]. Group 3: Communication and Trust - The company prioritizes transparent communication to combat information asymmetry in the asset management industry, ensuring that investors understand the risks and characteristics of the products [6]. - Honest communication is deemed essential, allowing potential investors to make informed decisions based on their preferences and risk tolerance [6]. - The company acknowledges the support of long-term investors, emphasizing the emotional connection and trust built over time [6]. Group 4: Investment Mindset - The article reflects on the nature of time and investment, suggesting that a slower, more deliberate approach may yield better long-term results [7]. - The company aspires to manage funds that are not only profitable but also sustainable over time, fostering a community of like-minded investors [7].