转自：新华财经 新华财经北京12月9日电 新华财经和面包财经研究员梳理公开资料显示，11月，4600余只2025年11月之前成立的主动权益基金（初始基金口径，包括普通股 票型、偏股混合型、灵活配置型、平衡混合型基金）平均收益率为-2.35%，中位数收益率为-2.22%，同期沪深300指数、上证指数收益率分别 为-3.89%、-2.47%。 11月，绩优和绩差产品收益率首尾相差超过20个百分点。共有20余只主动权益基金收益率超过5%，其中华西基金、银河基金等旗下产品收益率相对居前。 同泰基金、富安达基金等旗下20只主动权益基金11月净值下跌超过10%，表现相对落后。 华西基金、银河基金等旗下20余只产品11月净值上涨逾5% 根据不完全统计，2025年11月，共有20余只主动权益基金收益率超过5%，来自华西基金、银河基金、东方阿尔法基金等机构。其中，5只基金11月净值上涨 超过10%。 | | 2025 | | --- | --- | | 基金代码 | 基金简称 | | 019747.OF | 华西优选价值A | | 011629.OF | 银河核心优势A | | 025777.OF | 东方阿尔法瑞享A | | ...

Core Insights - Multiple public fund companies, including Beixin Ruifeng and Tongtai, have disclosed their Q3 reports, primarily focusing on equity funds, with a notable emphasis on technology and military sectors [1][2] Group 1: Fund Performance - The top-performing fund, Quan Guo Xu Yuan, reported a scale of 19.069 billion yuan, benefiting from heavy investments in technology and military sectors, leading to significant growth in both performance and scale [1] - Tongtai Digital Economy A achieved a net value increase of over 70% in Q3, focusing on domestic computing power and reducing exposure to overseas supply chains [2] - Beixin Ruifeng Advantage Industry fund saw a net value increase of over 50%, concentrating on strategic emerging industries represented by artificial intelligence [2] - Quan Guo Xu Yuan reported a net value increase of over 45%, driven by heavy investments in technology, new energy, and military sectors [2] Group 2: Market Trends - The technology sector has shown significant growth, with funds focusing on computing power, artificial intelligence, robotics, and semiconductors achieving good returns [2] - The market style has shifted towards growth, with traditional value sectors remaining weak [4] - Fund managers continue to view technology innovation, particularly artificial intelligence, as a core investment theme for the future [4][5] Group 3: Investment Strategies - Some funds, like Tongtai Huize, have focused on niche markets such as the pet economy, despite underperforming compared to broader indices [2] - The Huafu CSI Artificial Intelligence Industry ETF reported a net value increase of over 70%, highlighting the complexity and diversity of the AI sector as a favorable investment avenue [3] - Fund managers express optimism about the long-term potential of the pet economy, despite short-term setbacks [2] Group 4: Bond Market Outlook - The bond market experienced weak fluctuations in Q3, with a notable increase in the yield of 10-year government bonds by 20 basis points [6] - Fund managers anticipate a favorable economic backdrop for the bond market in Q4, supported by moderate monetary policy easing and improving market sentiment [6]

同泰产业升级可能是当前市场上最小的一只基金了。 | 基金名称 | 类型 | ↑ 规模(亿) | 成立年限 基金经理 | | --- | --- | --- | --- | | 中银瑞福浮动净值型A | 货币市场型基金 | 0 | 5.80 范静 | | 嘉实6个月理财A | 短期纯债型其金 | 0 | 5.81 韩昭,李瞳 | | 华夏鼎佳A | 中长期纯债型其金 | 0 | 5.19 张海静 | | 格林聚利增强一个月持有A | 混合债券型二级 ... | 0 | 0.77 冯翰尊 | | 同泰产业升级A | 偏股混合型基金 | O | 3.26 王秀 | | 国寿安保裕丰A | 偏债混合型其金 | 0 | 3.97 谢夫,葛佳 | | 财通安盈A | 偏债混合型基金 | 0 | 4.59 沈犁 | | 高荣福耀A | 偏股混合型其金 | 0 | 3.50 李黄海 | | 前海联合新思路A | 灵活配置型其金 | 0 | 8.63 张文,张磊 | | 前海联合淳安3年定开债券 | 中长期纯债型其金 | 0 | 5.59 张文 | | 格林泓利A | 混合债券型二级 ... | O | 4.90 柳杨 | | ...