2025年以来，随着AI应用加速爆发与新质生产力政策形成深度共振，科技板块持续成为资本市场焦 点，也成为公募基金突围的核心战场。在此背景下，长期深耕科技领域的信达澳亚基金凭借对AI算 力、半导体、机器人等核心赛道的精准布局，旗下多只产品近期交出亮眼成绩单，近一年业绩排名稳居 同类前列，凸显出较强的管理能力。 信达澳亚基金深度锚定科技细分赛道，既紧扣AI产业中早期发展机遇，又贴合新质生产力政策导向下 的科技产业升级需求，旗下的多款产品凭借其卓越的业绩表现，在同类基金中脱颖而出。据国泰海通证 券数据显示，截至2025年11月28日，信澳业绩驱动混合A（016370，R3-中风险）近一年回报在3902只 同类强股混合型基金中排名第4，跻身同类前1%。基金经理刘小明在三季报中指出，当前AI产业仍处于 发展的中早期阶段，相关细分环节的投资机会依然显著。（数据来源：国泰海通证券，近一年统计日期 为2024.11.30-2025.11.28，业绩经托管行复核。） 此外，据国泰海通证券数据显示，截至2025年11月28日，信澳转型创新股票A（001105，R4-中高风 险）近一年收益率位列918只同类主动股票开放型产品第73 ...

Core Insights - The A-share market is experiencing fluctuations due to multiple factors, with a notable shift in investment styles and accelerated sector rotation expected from 2024 to mid-2025 [1] - Xinda Aoya has demonstrated strong performance in active equity investments, with over 30 of its products ranking in the top third of their categories for returns over the past year [1] Fund Performance - Six active equity funds from Xinda Aoya achieved over 60% returns, with "Xinao Bojian Growth One-Year Open A/C" leading at 95.08%/93.93% returns, ranking 6th/3751 and 9th/3751 respectively [3] - "Xinao Xingyi Mixed A/C" follows closely with returns of 91.61%/90.08%, ranking 12th/3751 and 13th/3751 [3] - Other notable funds include "Xinao New Energy Selected A/C" and "Xinao Leading Growth A/C," with rankings of 38th/3751 and 49th/3751 respectively [3] Investment Strategy - Xinda Aoya's successful performance is attributed to its precise market understanding and forward-looking strategies, focusing on sectors like technology, new energy, pharmaceuticals, and new consumption [4] - The company emphasizes a "反内卷" (anti-involution) approach, investing in companies that leverage new technologies and align with Chinese aesthetic upgrades [4] - The firm employs a dynamic portfolio adjustment strategy to capture structural opportunities while maintaining strict risk control [4] Future Outlook - Xinda Aoya plans to enhance its research depth and breadth, optimizing product strategies to navigate complex market environments [5] - The company aims to continue its focus on active equity investments, identifying high-quality growth opportunities to share in the benefits of China's high-quality economic development [5]

Core Viewpoint - The frequent turnover of senior management at Xinda Australia Fund reflects the intense competition and increasing performance pressure within the public fund industry, leading to potential personnel changes and reassignments [2][5][6]. Management Changes - On May 8, Xinda Australia Fund announced the resignation of Vice President Wei Qingkong, who will transition to the role of Chief Marketing Officer due to work arrangements [4][5]. - In the past six months, four vice presidents have left the company, including notable fund manager Feng Mingyuan, indicating a trend of high-level personnel changes [5][6]. - Wei Qingkong had been serving as Vice President since November 2021 and previously held the position of Chief Marketing Officer [5][6]. Fund Performance - Over 60% of Xinda Australia Fund's actively managed equity products have reported negative returns over the past three years, with 30 products showing losses, including 11 that fell over 30% [7]. - In contrast, some mixed bond funds have performed well, with four products achieving returns exceeding 10%, outperforming their peers by over 5 percentage points [7]. Financial Performance - In 2024, Xinda Australia Fund's operating income and net profit were reported at 644 million and 101 million respectively, representing year-on-year declines of 31.24% and 42.11% [8]. - The company attributes this decline to ongoing business structure optimization and a focus on reducing fund fees in response to regulatory requirements [8].