Wind数据显示，华富永鑫A（001466）业绩表现显著领先同类，截至2026.1.28，近1年区间回报高率达 167.37%；今年以来涨幅52.06%，位居全市场Top3。基金通过聚焦黄金产业链布局，充分受益于国际金 价持续走高，叠加基金经理对贵金属领域的专业把控，实现了业绩的大幅增长。 近1年 近6个月 近3个月 1月29日，现货黄金首次突破5500美元/盎司，黄金开采类股票表现强势，多只个股涨幅显著。湖南黄金 以10.01%的涨幅涨停，成交额1.22亿元；招金黄金上涨9.10%，成交额36.19亿元；中金黄金涨幅 6.89%，成交额79.80亿元，位列板块成交额首位。四川黄金、恒邦股份分别上涨6.57%、6.58%，换手率 均超10%，市场交投活跃。 相关基金方面，华富永鑫灵活配置混合基金作为市场上为数不多的重仓黄金股的主动基金，走出了明显 强于黄金ETF和黄金股ETF的表现。 SGE黄金9999 83.69% 53.26% 27.04% 黄金股ETF（517520） 165.83% 108.22% 59.74% 公开信息显示，华富永鑫灵活配置混合（A/C：001466/001467）聚焦黄金股，股票资 ...

Group 1 - The core point of the news is that Shanjin International's stock price increased by 5.55%, reaching 31.96 CNY per share, with a trading volume of 968 million CNY and a turnover rate of 1.27%, resulting in a total market capitalization of 88.744 billion CNY [1] - Shanjin International was established on June 18, 1999, and listed on June 8, 2000. The company is primarily engaged in the mining and trading of precious and non-ferrous metals, with gold as its main mineral resource [1] - The revenue composition of Shanjin International includes copper trading (33.67%), gold (32.30%), silver trading (17.01%), tin ingots (7.17%), lead-zinc concentrates containing silver (4.79%), zinc concentrates (1.55%), zinc ingots (1.14%), lead concentrates (0.85%), gold containing silver (0.79%), aluminum ingots (0.67%), and others (0.05%) [1] Group 2 - From the perspective of fund holdings, Huafu Fund has a significant position in Shanjin International, with its Huafu Yongxin Flexible Allocation Mixed A Fund (001466) increasing its holdings by 421,500 shares in the third quarter, totaling 550,500 shares, which represents 9.5% of the fund's net value [2] - The Huafu Yongxin Flexible Allocation Mixed A Fund has achieved a year-to-date return of 18.06%, ranking 178 out of 8,848 in its category, and a one-year return of 108.46%, ranking 110 out of 8,093 [2] - The fund manager of Huafu Yongxin Flexible Allocation Mixed A is Li Xiaohua, who has been in the position for 4 years and 260 days, with the fund's total asset size at 11.084 billion CNY and a best return of 118.61% during his tenure [3]

Core Insights - The article provides an objective ranking of fund net asset values, highlighting the top-performing and bottom-performing funds without any subjective bias [1] Fund Performance Summary Top 10 Funds by Net Value Growth - The top-performing funds include: - Huafu Yongxin Flexible Allocation Mixed A with a net value of 1.7137, up by 4.96% [2] - Huafu Yongxin Flexible Allocation Mixed C with a net value of 1.6648, also up by 4.96% [2] - Wanjia Cycle Vision Stock Initiation A with a net value of 0.9939, up by 4.89% [2] - Wanjia Cycle Vision Stock Initiation C with a net value of 0.9931, up by 4.88% [2] - Qianhai Kaiyuan Gold and Silver Jewelry Mixed A with a net value of 2.4180, up by 4.45% [2] - Qianhai Kaiyuan Gold and Silver Jewelry Mixed C with a net value of 2.3630, up by 4.42% [2] - Southern CSI Hong Kong Gold Industry Stock Index Initiation A with a net value of 1.6638, up by 4.26% [2] - Southern CSI Hong Kong Gold Industry Stock Index Initiation C with a net value of 1.6596, up by 4.25% [2] - Yongying CSI Hong Kong Gold Industry ETF Initiation Link C with a net value of 1.8692, up by 4.24% [2] - Yongying CSI Hong Kong Gold Industry ETF Initiation Link A with a net value of 1.8793, up by 4.24% [2] Bottom 10 Funds by Net Value Decline - The underperforming funds include: - Huabao Overseas China Growth Mixed with a net value of 1.4560, down by 3.77% [3] - Bosera Greater China Mixed with a net value of 1.0430, down by 2.89% [3] - AVIC New Start A with a net value of 0.8586, down by 2.85% [3] - AVIC New Start C with a net value of 0.8421, down by 2.85% [3] - Huaan Greater China A with a net value of 2.2590, down by 2.67% [3] - Guofu National Certificate Hong Kong C with a net value of 0.9463, down by 2.66% [3] - Guofu National Certificate Hong Kong A with a net value of 0.9464, down by 2.66% [3] - Huaan Hong Kong Precision A with a net value of 2.8020, down by 2.64% [3] - Huaan Greater China C with a net value of 1.8460, down by 2.64% [3] - Fortune Core Advantage C with a net value of 1.6357, down by 2.57% [3] Market Overview - The Shanghai Composite Index showed slight fluctuations, closing with a minor increase, while the ChiNext Index exhibited similar behavior [5] - The total trading volume reached 1.74 trillion, with a stock rise-to-fall ratio of 1200:4175 [5] Leading Industries and Concepts - Industries with significant gains include: - Shipbuilding, Oil, Insurance, and Non-ferrous Metals, each rising over 2% [6] - Concepts leading the market include: - Aquaculture and Military Trade, both also increasing over 2% [6] Notable Holdings and Fund Strategies - The top holdings in the best-performing fund, Huafu Yongxin Flexible Allocation Mixed A, include: - Shandong Gold, with a daily increase of 5.98% [9] - Other significant holdings include Shandong International and Zijin Mining, contributing to a total holding concentration of 88.53% [9] - Conversely, the underperforming fund, Huabao Overseas China Growth Mixed, has a holding concentration of 38.75%, with major holdings in Jiangxi Copper and Luoyang Molybdenum, which have seen declines [9]

Core Viewpoint - Shan Jin International's stock has experienced a decline of 3.9% on November 4, with a total market value of 56.756 billion yuan and a cumulative drop of 8.05% over four consecutive days [1] Group 1: Company Overview - Shan Jin International Gold Co., Ltd. is located in Beijing and was established on June 18, 1999, with its listing date on June 8, 2000 [1] - The company primarily engages in the mining and trading of precious and non-ferrous metals, focusing on gold mining and producing refined gold [1] - The revenue composition includes: copper trading (33.67%), refined gold (32.30%), silver trading (17.01%), tin ingot trading (7.17%), lead-zinc concentrate with silver (4.79%), zinc concentrate (1.55%), zinc ingot trading (1.14%), lead concentrate (0.85%), refined gold with silver (0.79%), aluminum ingot trading (0.67%), and others (0.05%) [1] Group 2: Fund Holdings - Huafu Fund has a significant holding in Shan Jin International, with its Huafu Yongxin Flexible Allocation Mixed A Fund increasing its stake by 421,500 shares in the third quarter, totaling 550,500 shares, which represents 9.5% of the fund's net value [2] - The fund has incurred a floating loss of approximately 456,900 yuan today and a total floating loss of 985,400 yuan during the four-day decline [2] - The Huafu Yongxin Flexible Allocation Mixed A Fund was established on June 15, 2015, with a current scale of 25.2828 million yuan and has achieved a year-to-date return of 74.75% [2]

Core Viewpoint - The current structural market trend in A-shares continues, with Goldman Sachs indicating that a "slow bull market in Chinese stocks is forming" [4] Group 1: Fund Manager Growth - As of October 22, 2025, 14 new fund managers have reached a management scale of over 10 billion yuan, primarily from 10 public fund institutions [4] - Notable growth includes Ren Jie from Yongying Fund, whose management scale surged from 1.166 billion yuan to 12.878 billion yuan, marking an increase of 1004% [4][5] - Other fund managers such as Gao Zhe and Li Xiaohua also achieved significant growth, with management scales doubling [4][5] Group 2: Performance of New Billionaire Fund Managers - The rapid growth in management scale is often accompanied by outstanding performance, with Ren Jie achieving a return of 192.05% this year [6] - Fund managers focusing on index products, such as Gao Zhe and Li Xiaohua, have also reported returns exceeding 50% over the past year [6] Group 3: Active vs. Index Funds - The article distinguishes between active equity funds and index funds, highlighting that index funds tend to perform well in a rising market due to their transparent holdings and high liquidity [9] - Active equity funds rely on the fund manager's stock selection and timing abilities, potentially offering greater returns in a market with sector rotations [9][10] Group 4: Top Performing Active Funds - Among active equity products, Yongying Technology Smart Mixed A Fund has achieved a return of 194.96% this year, significantly outperforming its benchmark of 38.05% [11] - Other notable funds include Huafu Yongxin Flexible Allocation Mixed A, which returned 81.82% against a benchmark of 9.04% [11] Group 5: Index Fund Performance - Index funds have also shown strong performance, particularly in sectors like gold and artificial intelligence, with the Gold Stock ETF returning 87.70% this year [13] - A total of 64 index funds have over 50% of their assets in stocks, with 6 funds achieving returns above 50% this year [13]

Core Insights - The article provides an overview of the performance of various mutual funds, highlighting the top and bottom performers based on net asset value updates as of October 20, 2025 [3][4]. Fund Performance Summary Top Performing Funds - The top 10 funds with the highest net value growth include: 1. Rongtong New Energy Vehicle Theme Selected A: 2.6994 (up from 2.5757) [3] 2. Rongtong New Energy Vehicle Theme Selected C: 2.6303 (up from 2.5099) [3] 3. Huian Growth Preferred Mixed A: 2.0799 (up from 1.9847) [3] 4. Huian Growth Preferred Mixed C: 1.9519 (up from 1.8626) [3] 5. Manulife Growth Mixed: 3.3419 (up from 3.1896) [3] 6. Zhongjia Core Intelligent Manufacturing Mixed A: 1.8700 (up from 1.7852) [3] 7. Zhongjia Core Intelligent Manufacturing Mixed C: 1.8291 (up from 1.7462) [3] 8. Manulife Performance Mixed A: 2.1059 (up from 2.0108) [3] 9. Manulife Performance Mixed C: 2.0781 (up from 1.9843) [3] 10. Manulife Economic Leading Two-Year Holding Mixed: 1.1704 (up from 1.1185) [3] Bottom Performing Funds - The bottom 10 funds with the lowest net value growth include: 1. Qianhai Kaiyuan Gold and Silver Jewelry Mixed A: 2.4620 (down from 2.6090) [4] 2. Qianhai Kaiyuan Gold and Silver Jewelry Mixed C: 2.4060 (down from 2.5490) [4] 3. Huafu Yongxin Flexible Allocation Mixed C: 1.6901 (down from 1.7884) [4] 4. Huafu Yongxin Flexible Allocation Mixed A: 1.7397 (down from 1.8407) [4] 5. Wanjia Cycle Vision Stock Initiation C: 1.0294 (down from 1.0806) [4] 6. Wanjia Cycle Vision Stock Initiation A: 1.0298 (down from 1.0810) [4] 7. Yinhua Domestic Demand Selected Mixed (LOF): 3.8010 (down from 3.9700) [4] 8. Yinhua Tongli Selected Mixed: 1.2138 (down from 1.2662) [4] 9. Yinhua Growth Pioneer Mixed: 1.4650 (down from 1.5270) [4] 10. Gold Stock ETF: 1.9938 (down from 2.0742) [4] Market Overview - The Shanghai Composite Index opened high and experienced horizontal fluctuations, closing slightly up, while the ChiNext Index showed a similar trend with a slight increase [6]. - The total trading volume was 1.75 trillion (down by 200 billion from the previous trading day) [6]. - The number of advancing stocks was 4064, while declining stocks numbered 1253 [6]. - Leading sectors included communication equipment and gas supply, both rising over 3% [6].

Group 1 - The core point of the article highlights the recent performance of Shanjin International, which saw a 5.22% increase in stock price, reaching 22.16 CNY per share, with a trading volume of 628 million CNY and a market capitalization of 61.532 billion CNY [1] - Shanjin International is primarily engaged in precious and non-ferrous metal mining and trading, with gold as its main product. The revenue composition includes copper trading (33.67%), gold (32.30%), silver trading (17.01%), and other metals [1] Group 2 - From the perspective of fund holdings, Huafu Fund has a significant position in Shanjin International, with its Huafu Yongxin Flexible Allocation Mixed A fund increasing its holdings by 3,200 shares in the second quarter, now holding 129,000 shares, which accounts for 9.77% of the fund's net value [2] - The Huafu Yongxin Flexible Allocation Mixed A fund has achieved a year-to-date return of 72.68%, ranking 264 out of 8,244 in its category, and a one-year return of 57.89%, ranking 1,792 out of 8,080 [2]

Group 1 - The core viewpoint of the news is that Western Gold Co., Ltd. has seen a significant increase in its stock price, rising by 5.01% to 29.79 CNY per share, with a trading volume of 938 million CNY and a turnover rate of 3.62%, resulting in a total market capitalization of 27.139 billion CNY [1] - Western Gold Co., Ltd. is located in Urumqi, Xinjiang, and was established on May 14, 2002, with its listing date on January 22, 2015. The company primarily engages in gold mining and smelting, as well as iron ore and chromium ore mining [1] - The main revenue composition of Western Gold includes standard gold (42.49%), purchased gold (39.08%), electrolytic manganese (6.87%), self-produced gold (3.41%), gold concentrate and roasted sand (2.74%), manganese ore (1.73%), beryllium copper alloy (1.50%), manganese ingots (1.40%), jewelry, gold extraction agents, and others (0.44%), and sulfuric acid (0.10%) [1] Group 2 - From the perspective of fund holdings, Huafu Fund has one fund heavily invested in Western Gold. The Huafu Yongxin Flexible Allocation Mixed A Fund (001466) increased its holdings by 26,600 shares in the second quarter, holding a total of 115,800 shares, which accounts for 9.42% of the fund's net value, ranking as the seventh largest holding [2] - The Huafu Yongxin Flexible Allocation Mixed A Fund (001466) was established on June 15, 2015, with a latest scale of 8.255 million CNY. Year-to-date returns are 63.24%, ranking 425 out of 8244 in its category; the one-year return is 64.05%, ranking 1969 out of 8066; and since inception, the return is 56.32% [2] - The fund manager of Huafu Yongxin Flexible Allocation Mixed A Fund is Li Xiaohua, who has been in the position for 4 years and 140 days, with the total asset scale of 5.509 billion CNY. The best fund return during his tenure is 91%, while the worst is -21.55% [2]

Core Insights - The article provides a ranking of open-end funds based on their net asset value growth as of September 18, 2025, highlighting the top and bottom performers in the market [2][4]. Fund Performance Summary - The top 10 funds with the highest net value growth include: 1. Yinhua Integrated Circuit Mixed A: Unit Net Value 1.3106, Cumulative Net Value 1.3106, Growth 0.05% 2. Yinhua Integrated Circuit Mixed C: Unit Net Value 1.3007, Cumulative Net Value 1.3007, Growth 0.05% 3. Xinhua Preferred Dividend Mixed C: Unit Net Value 1.0452, Cumulative Net Value 1.0452, Growth 0.03% 4. Xinhua Preferred Dividend Mixed A: Unit Net Value 1.0128, Cumulative Net Value 4.8173, Growth 0.03% 5. Xinhua Strategy Selected Stock C: Unit Net Value 2.2550, Cumulative Net Value 2.2550, Growth 0.08% 6. Xinhua Strategy Selected Stock A: Unit Net Value 2.2549, Cumulative Net Value 2.6929, Growth 0.08% 7. Nuon Optimized Configuration Mixed C: Unit Net Value 2.3575, Cumulative Net Value 2.3575, Growth 0.08% 8. Nuon Optimized Configuration Mixed A: Unit Net Value 2.3788, Cumulative Net Value 2.3788, Growth 0.08% 9. Xinhua Trend Navigation Mixed: Unit Net Value 3.4791, Cumulative Net Value 4.7345, Growth 0.12% 10. Huaxia CSI Semiconductor Materials and Equipment Theme ETF: Unit Net Value 1.3891, Cumulative Net Value 1.3891, Growth 0.04% [2][4]. - The bottom 10 funds with the lowest net value growth include: 1. HSBC Jintrust Longteng Mixed C: Unit Net Value 1.2513, Cumulative Net Value 1.2513, Decline -0.05% 2. HSBC Jintrust Longteng Mixed A: Unit Net Value 1.2604, Cumulative Net Value 3.7564, Decline -0.05% 3. Huafu Yongxin Flexible Allocation Mixed C: Unit Net Value 1.5008, Cumulative Net Value 1.5008, Decline -0.06% 4. Huafu Yongxin Flexible Allocation Mixed A: Unit Net Value 1.5447, Cumulative Net Value 1.5447, Decline -0.06% 5. Wanjia CSI Industrial Nonferrous Metals Theme ETF: Unit Net Value 1.2062, Cumulative Net Value 1.2062, Decline -0.04% 6. Qianhai Kaiyuan Gold and Silver Jewelry Mixed C: Unit Net Value 2.1250, Cumulative Net Value 2.1250, Decline -0.08% 7. Qianhai Kaiyuan All Silver Jewelry Mixed A: Unit Net Value 2.1740, Cumulative Net Value 2.1740, Decline -0.08% 8. Golden Eagle Cycle Preferred Mixed C: Unit Net Value 0.7680, Cumulative Net Value 0.7680, Decline -0.03% 9. Golden Eagle Cycle Preferred Mixed A: Unit Net Value 0.7773, Cumulative Net Value 0.7773, Decline -0.03% 10. HSBC Jintrust Era Pioneer Mixed C: Unit Net Value 0.8792, Cumulative Net Value 0.8792, Decline -0.03% [4]. Market Analysis - The Shanghai Composite Index experienced a slight rebound followed by a decline, closing with a medium bearish report, while the ChiNext Index showed volatility with a recovery after initial losses. The total trading volume reached 3.16 trillion, with a market breadth of 1027 gainers to 4350 losers [6]. - Leading sectors included tourism, hotel and catering, and communication equipment, each with gains exceeding 2%, while the non-ferrous and diversified financial sectors saw declines exceeding 3% [6].

Group 1 - The article provides a ranking of open-end funds based on their net asset value growth as of August 11, 2025, highlighting the top 10 funds with significant increases [2][4]. - The top-performing fund is "Guoshou Anbao New Materials Stock Initiation A," with a net value of 1.6123, showing an increase from 1.5382 on August 8, 2025, representing a growth of 0.07 [2]. - The bottom-performing fund is "Southern CSI Hong Kong Gold Industry Stock Index Initiation C," which decreased from 1.3488 to 1.3088, reflecting a decline of 0.04 [4]. Group 2 - The overall market performance indicates a rebound, with the Shanghai Composite Index showing a small upward trend and the ChiNext Index experiencing a more significant rise, with a trading volume of 1.85 trillion [6]. - Leading sectors include components, software services, and advertising packaging, all showing gains of over 2%, while the shipping industry faced a decline of over 2% [6]. - The fund "Guoshou Anbao New Materials Stock Initiation A" is noted for its rapid net value growth, outperforming the market [6].