Core Insights - The article reviews the top-performing mutual funds over the past decade, highlighting those that have reached historical highs from June 12, 2015, to January 14, 2026, during which the Shanghai Composite Index fell from 5178 to 4190 [1][4]. Group 1: Top Active Equity Funds - The top ten active equity funds are led by Dongwu Mobile Internet A, which achieved a return of 507.12% [1][5]. - Other notable funds include Huabao Resource Preferred A (335.75%), Anxin Advantage Growth A (312.98%), and Dachen New Industry A (305.01%) [1][3]. - The funds were selected based on the current fund managers having over five years of management experience [1]. Group 2: Overall Market Performance - The overall market's top ten funds include Huashang Advantage Industry A, Guotai Nasdaq 100, and Dongwu Mobile Internet A, with the latter being the only active equity fund with significant management experience [4][5]. - The analysis indicates that six of the top ten funds are Nasdaq 100 funds, suggesting a strong performance in the U.S. tech sector [6]. - The article emphasizes the importance of holding onto high-performing funds and trusting the fund managers to maximize returns [6].

Core Viewpoint - E Fund announced the resignation of Zhang Qinghua from the position of Deputy General Manager, effective September 29, 2025, to focus on investment management [1][2][3] Company Summary - Zhang Qinghua has nearly 18 years of experience in the securities industry and over 11 years in investment management, having managed 31 funds with a total scale of 47.938 billion yuan [4][5] - His management performance includes an annualized return of 10.49% for equity products and 10.43% for fixed-income products, both significantly outperforming their respective benchmarks [4] - Key products managed by Zhang include E Fund Anxin Return A, which has a return of 268.22% since management began in December 2013, and E Fund Anying Return A, with a return of 163.30% [6][7] Industry Summary - The resignation of Zhang Qinghua is part of a broader trend in the industry, where several senior managers, including Zhang Kun and Xiao Nan, have also stepped down from similar positions to concentrate on investment management [8] - This shift reflects a changing career path for fund managers, moving from a focus on management roles to a return to core investment research [8] - The industry is witnessing a trend of investment professionals reducing their managerial responsibilities to enhance their focus on investment expertise, aligning with the industry's transition from "scale expansion" to "quality improvement" [8][9]