Core Insights - The overall market has warmed up, leading to a general increase in the net value of active equity fund products this year [1] - Some previously underperforming funds, referred to as "Four Mao" and "Five Mao" funds, have successfully turned around, particularly those invested in sectors like optical modules and computing power [1] - A shift in investment strategy has been observed, with some funds reallocating towards sectors such as robotics and artificial intelligence, capitalizing on current market trends [1] Fund Performance - Despite the recovery in net value, there has not been a significant increase in fund shares, with many "Five Mao" funds experiencing limited or even declining share growth during their turnaround [1] - Analysts note that the "break-even" point is the most likely interval for fund redemptions, as many investors who faced significant losses choose to sell to stop losses or secure profits during the recovery [1]