Core Viewpoint - The recent ratings from seven authoritative institutions highlight that GF Fund has achieved significant recognition, with 103 of its products receiving five-star ratings, showcasing its strong research capabilities and diverse product offerings [1][2]. Group 1: Active Equity Products - Nearly half of GF Fund's five-star rated funds are active equity products, characterized by diverse styles and features [2]. - Notable products include GF Value Core A, which has effectively captured trends in new consumption and internet technology, earning five-star ratings from multiple institutions [2]. - GF Fund has standout products in various sectors, such as GF North Exchange Selected Fund, which received a three-year five-star rating from several institutions [2]. Group 2: Fixed Income Products - GF Fund has over 30 fixed income funds rated five stars, covering a range of types including money market, short-term pure debt, and mixed debt funds, catering to investors' demand for stable returns [2]. Group 3: Passive Index Funds - GF Fund offers a variety of investment tools, with 24 passive index funds and 4 passive bond index funds achieving five-star ratings [3]. - The GF CSI All-Share Medical and Health ETF has received five-star ratings across three, five, and ten-year periods from two institutions [3]. Group 4: Overseas and Multi-Asset Investment - GF Fund's active and passive QDII products are recognized as representative five-star funds in overseas investments [3]. - The GF Stable Pension (FOF) A has been awarded a five-year five-star rating, reflecting its multi-asset allocation strategy [3]. Group 5: Product Management and Quality Improvement - GF Fund has integrated customer profit experience into its product creation and management processes, aiming to enhance product quality and transition from a "product manager" to a "value creator" [3].

Core Insights - The A-share market has seen significant growth, with the Shanghai Composite Index reaching its highest level in nearly a decade since August 2015 [1] - Among the 1999 funds established for over 10 years, only 346, or 17%, are classified as "Double Ten Funds," which have an annualized return exceeding 10% since inception [1] Fund Performance - Among the "Double Ten Funds" under GF Fund, 10 funds have been identified, showcasing a mix of active and passive management strategies [1][2] - The top-performing funds include: - GF Manufacturing Selection A with a total return of 519.75% and an annualized return of 14.01% [2] - GF Steady Growth A achieving a total return of 1110.39% and an annualized return of 12.56% [2] - GF Global Selection RMB A with a total return of 480.04% and an annualized return of 12.43% [2] - All 8 active management "Double Ten Funds" have significantly outperformed their benchmarks, with GF Steady Growth A generating an excess return of 823.04% compared to its benchmark [2] Investment Strategy and Market Position - GF Fund has been recognized for its robust investment research and management capabilities, focusing on creating sustainable and high-quality investment experiences for clients [3] - The firm has also excelled in the past year, with 9 funds doubling their performance, leading the industry in this category [3] - The company's commitment to a professional, platform-based, and multi-strategy investment research system has been a key factor in its success [3]