Core Viewpoint - The first batch of new floating-rate funds has shown impressive performance, with 23 out of 26 funds achieving positive returns since their inception, and 3 funds exceeding a 40% return [1][3]. Group 1: Fund Performance - As of September 22, among the 26 new floating-rate funds, 3 funds have achieved returns over 40%, specifically Huashang Zhiyuan Return A (42.72%), Jingshun Changcheng Growth Companion, and Jiashi Growth Win A [3][4]. - A total of 23 funds have reported positive returns since inception, while 3 funds have negative returns, indicating a significant performance disparity among the funds [3][4]. Group 2: Fund Characteristics - The first batch of 26 new floating-rate funds was established between June 6 and July 23, with a total scale of 25.865 billion yuan, and 9 funds exceeding 1 billion yuan in size [2][3]. - The floating-rate funds implement a differentiated fee structure based on the excess return level of each investment, promoting long-term investment and enhancing the investment experience [2][3]. Group 3: Market Outlook - The market is viewed positively for the medium to long term, with opportunities for investment in China's industrial upgrade, and current market fluctuations should lead to reduced speculative behavior [1][7]. - The second batch of 12 new floating-rate funds has been registered, with a focus on industry themes such as manufacturing and healthcare, indicating a trend towards regular registration of new products [5][6].