Core Insights - In 2025, equity funds emerged as the market leaders, with Yongying Technology Smart Selection A achieving a remarkable annual increase of 233.29%, making it the top-performing active equity fund [1][7] - The total scale of the fund industry approached a new high of 36 trillion yuan, indicating a strong market presence [1][7] - The top-performing FOF (Fund of Funds) over the past three years was Guotai Min'an Pension 2040 Three-Year A, with a return of 34.33% [2][8] Equity Fund Performance - Yongying Technology Smart Selection A led the active equity funds with a 233.29% annual increase [1][7] - Guotai Fund's Communication ETF ranked first among stock ETFs with a net value increase of 126.13% [1][7] - South Fund Changyuan Convertible Bond A achieved a return of 48.7%, securing the top spot among bond funds [1][7] FOF Fund Performance - Guotai Min'an Pension 2040 Three-Year A topped the three-year FOF performance chart with a return of 34.33% and a total return of 7.03% since its inception [2][8] - Other notable FOFs include Penghua Pension 2045 Three-Year A with a return of 28.76% and Guangfa Pension 2050 Five-Year A with a return of 22.13% [2][8] - Two products managed by renowned fund manager Lin Guohua also performed well, with returns of 21.83% and 21.34% respectively [3][9] Underperforming FOF Funds - Several FOF funds reported negative returns over the past three years, with Huaxia Fund's Huaxia Jufeng Stable Target A being the worst performer at -8.60% [4][10] - Other underperforming funds include Huaxia Fuyuan Pension Target Date 2045 Three-Year A at -7.27% and Huaxia Pension 2055 Five-Year A at -2.51% [4][10] - Additional funds with poor performance include Yin Hua Zunhe Pension 2030 Three-Year A and Minsheng Jia Yin Kangtai Pension Target Date 2040 Three-Year A, both showing negative returns [5][11]

专题：2025基金年终大盘点：冠军基年内狂飙233%，主动权益重获主导，全行业规模逼近36万亿新高 近三年FOF业绩红榜：国泰民安养老2040三年A回报超34% 兴全、易方达两只产品上榜 拉长时间看，近三年表现领先的FOF多为积极型养老产品。国泰民安养老2040三年A（007231.OF） 以近三年34.33%的回报位居榜首， 该基金自2019年7月成立以来总回报为7.03%，规模1.05亿元，由曾辉管理。鹏华养老2045三年A（007271.OF） 以28.76%的回报紧随其 后，成立以来回报为8.37%。广发养老2050五年持有A（007250.OF） 回报为22.13%。 | | 序号 基金代码 | 基金简称 | 近三年回报[%] | 成立以来回报 | 基金规模合计 | | 基金成立日 基金经理(现任) | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | [%] | [亿元] | | | | 1 | 007231.OF | 国泰民安养老2040三年A | 34.33 | 7.03 | 1.05 | 2019-07-16 | 曾辉 | ...