Core Insights - A well-known public quantitative fund manager, Sheng Fengyan, has opened a personal investment account on the Ant Wealth platform, with a total investment exceeding 510,000 yuan and a cumulative profit of over 120,000 yuan [1][2][3] - The trend of fund managers sharing their real-time investment performance is increasing, with many managers showcasing their portfolios and strategies to enhance investor confidence and provide operational references [5][8] Summary by Category Fund Manager Performance - Sheng Fengyan's portfolio includes West China Li De Central Enterprise Preferred Stock A, West China Li De Multi-Strategy Preferred Flexible Allocation Mixed A, and West China Li De Quantitative Growth Mixed A, with total holdings exceeding 510,000 yuan and profits over 120,000 yuan [2][3] - Other notable fund managers, such as Yao Jiahong and Ma Fang from Guojin Fund, have also reported significant real-time investments, with total amounts of over 4.24 million yuan and 2.03 million yuan, respectively, and cumulative profits of over 1.23 million yuan and 660,000 yuan [5][7] Investment Strategies - Sheng Fengyan advocates for a long-term investment approach and profit-taking strategy, emphasizing asset rebalancing to manage risk and avoid over-concentration in any asset class [4] - The principle of rebalancing involves adjusting the proportions of different asset classes in a portfolio based on market fluctuations, which helps maintain a balanced risk profile [4] Market Trends - The recent market recovery has led to an increase in fund managers sharing their real-time performance, with a notable rise in the number of managers participating in this trend [8] - The shift towards transparency and interaction with investors is particularly evident among newer fund managers, who are focusing on building trust and providing insights into their investment processes [8]

Group 1 - The core viewpoint of the article is that the trend of fund managers publicly sharing their real investment portfolios is gaining popularity, serving as a tool to attract investors and build trust [1][2][19] - At least 20 fund managers have publicly shared their real portfolios on platforms like Ant Wealth and Tian Tian Fund, with total investment amounts ranging from 40,000 to 4 million yuan [1][7] - Fund managers' real portfolios have generally achieved positive returns, with some reporting cumulative profits exceeding 1 million yuan and return rates as high as nearly 130% [1][8][11] Group 2 - Fund managers' public sharing of real portfolios has been well-received by investors, as it boosts confidence during market downturns and encourages good investment habits through regular contributions [2][20] - The highest investment amount comes from two quantitative fund managers at Guojin Fund, with total amounts of 4.1772 million yuan and 2 million yuan, respectively, achieving significant returns [8][9] - The trend of sharing real portfolios is seen as a new industry phenomenon, enhancing interaction between fund managers and investors while providing insights into investment strategies [13][19] Group 3 - The article highlights the potential risks associated with fund managers sharing their real portfolios, including compliance issues and the possibility of investors following trends irrationally [1][19][20] - Fund managers express confidence in their investment strategies and aim to share their experiences with investors, reinforcing the idea of shared risk and commitment to performance [18][19] - The practice of sharing real portfolios is viewed as a step forward in enhancing transparency and trust in the investment process, although caution is advised regarding the interpretation of short-term performance [19][20]

Core Insights - The article highlights the positive performance of equity funds in the second half of the year, with many fund managers showcasing their personal investment gains, leading to increased investor interest [1][2]. Fund Manager Performance - Over 20 public fund managers have shared their real-time investment data, with most reporting profits; the highest cumulative gain exceeds 1.04 million yuan [1][3]. - Notable fund managers include Yao Jiahong from Guojin Fund, whose total investment amount reached 4.05 million yuan with a cumulative profit of 1.048 million yuan [3][4][5]. - Other fund managers, such as Ma Fang from Guojin Fund, reported a total investment of 1.9422 million yuan with a cumulative profit of 587,000 yuan [5]. Investment Strategies - Fund managers suggest employing a contrarian approach during market adjustments, advocating for strategies like dollar-cost averaging and profit-taking at highs [1][12]. - The innovative drug sector is highlighted as a promising investment area, with expectations of continued growth driven by policy support and market demand [12]. Market Conditions - The article notes that despite some funds still being in a loss position, many have achieved significant gains in the recent market rally [7][9]. - The overall market environment remains favorable for small-cap growth stocks, with ample liquidity present [13].

Core Viewpoint - The article discusses the recent trend of fund managers sharing their real-time investment performance on the Tian Tian Fund platform, highlighting both successful and struggling investments among various fund managers [1][4]. Performance Highlights - Several fund managers have reported impressive real-time performance, with some achieving returns as high as 68%. For instance, Jiang Feng from CITIC Prudential Fund has a portfolio with returns of 68.08%, 25.58%, 18.34%, and 2.91% across four funds [5][6]. - Fund manager Ren Jie has a holding return of 61.90% with total assets of 213,600 yuan, while Chen Bo's portfolio shows a return of 10.10% with total assets of 414,700 yuan [3][4]. - Quantitative fund managers Yao Jiahong and Ma Fang have also reported strong returns, with Yao's holdings yielding 29.19% and 30.14%, and Ma's yielding 36.83%, 35.58%, and 23.69% [6]. Market Sentiment and Investor Confidence - The act of fund managers sharing their real-time performance is seen as a way to boost investor confidence, especially in a volatile market where many products are underperforming. This practice is believed to provide psychological reassurance to investors [6].

Core Viewpoint - The recent trend of fund managers publicly sharing their real-time investment performance has sparked significant discussion within the investment community, reflecting their confidence in the current equity market and the potential for recovery in corporate earnings [1][2][3]. Fund Manager Performance - Several fund managers, including Ren Jie from Yongying Fund and Ji Jun Kai from Hai Fu Tong Fund, have initiated real-time operations on platforms like Tian Tian Fund, with some achieving impressive returns, such as Ren Jie's nearly 70% holding return [1][2]. - Chen Bo's portfolio, named "Left Hand Dividend Right Hand Technology," has a holding return of 10.10% with total assets of 414,700 yuan [2]. - Fund managers Jiang Feng and Guo Xiang Bo have also reported strong performance, with Jiang's funds showing returns of up to 68.08% [2][3]. Long-term Holding Strategy - Many fund managers have been operating real-time portfolios for over two years, demonstrating a commitment to long-term investment strategies [2]. - Guo Xiang Bo's investments in the pharmaceutical sector have yielded returns of 7.48% and 17.32% for different share classes, despite market volatility [2]. Market Sentiment and Investor Confidence - The act of fund managers sharing their real-time performance is seen as a way to boost investor confidence and convey a message of shared risk and reward [3]. - Industry experts believe that this transparency can help investors maintain a rational perspective on market fluctuations [3]. Market Outlook - The outlook for the equity market in the second half of the year is optimistic, with expectations of policy measures to stimulate economic growth and enhance market confidence [4][5]. - Analysts suggest focusing on sectors aligned with new production capabilities and consumer demand, indicating potential structural opportunities in the market [4][5].