Core Viewpoint - The trend of fund managers publicly sharing their real investment portfolios, known as "晒实盘," is gaining traction in the industry, serving as a tool for attracting investors and enhancing engagement with them [1][10][16]. Group 1: Fund Managers' Performance - At least 20 fund managers have publicly shared their real investment portfolios on platforms like Ant Wealth and Tian Tian Fund, with total investment amounts ranging from 40,000 to 4 million yuan [1][5]. - Six fund managers have investment amounts exceeding 1 million yuan, including Yao Jiahong and Ma Fang from Guojin Fund, Liang Xing from Guotai Fund, Liu Junwen from Xinyuan Fund, Lei Tao from Debang Fund, and Guo Xiangbo from Tianhong Fund [5][6]. - The average returns from these real investments have been positive, with some managers reporting cumulative returns exceeding 1 million yuan and return rates as high as nearly 130% [1][6][9]. Group 2: Investor Reactions and Engagement - Investors generally welcome the practice of fund managers sharing their real portfolios, as it boosts confidence, especially during market downturns [1][10][17]. - Fund managers' real investment portfolios often encourage good investment habits among investors, as many adopt regular investment strategies like weekly or monthly contributions [1][17]. - The practice has sparked discussions about potential compliance risks and the possibility of investors following fund managers' actions irrationally [1][16][17]. Group 3: Notable Fund Managers and Their Strategies - Yao Jiahong's real investment portfolio totals 4.1772 million yuan with a cumulative return of 117.14 thousand yuan, while Ma Fang's portfolio amounts to 2.0005 million yuan with a return of 64.33 thousand yuan [6]. - Liu Junwen's portfolio reached 1.2756 million yuan with a return of 13.81 thousand yuan, and he made a notable single investment of 300,000 yuan in his managed fund [7]. - New entrants to the real investment sharing trend include Ren Jie, whose portfolio has achieved a return rate of 129% since its inception [8]. Group 4: Industry Trends and Future Outlook - The introduction of real investment features on platforms like Tian Tian Fund has attracted many fund managers, indicating a shift towards greater transparency and investor engagement in the industry [3][4]. - The practice of sharing real portfolios is seen as a way for fund managers to align their interests with those of investors, fostering a sense of shared risk and commitment [18][19]. - Industry experts suggest that while sharing real portfolios can enhance transparency and trust, it is essential for investors to assess their own risk tolerance and investment goals before following fund managers' strategies [18][19].

Core Viewpoint - The trend of fund managers publicly sharing their real investment portfolios is emerging as a notable phenomenon in the public fund industry in 2025, with over 30 fund managers participating on platforms like Ant Wealth and Tian Tian Fund, showcasing amounts ranging from 10,000 to 400 million yuan [1][5]. Group 1: Background and Development - The practice of fund managers sharing real portfolios began in September 2023 with Ant Wealth launching this feature, followed by Tian Tian Fund in July 2025 [4]. - This trend arose during a challenging period for actively managed equity funds, which had underperformed the market for three years, leading to investor dissatisfaction and calls for accountability from fund managers [5]. Group 2: Impact on Investor Relations - Sharing real portfolios is seen as a way to rebuild trust in the industry, as it aligns the interests of fund managers and investors, making fund managers more accountable for their investment decisions [5][11]. - Fund managers' real portfolio sharing serves as a form of investor education, combining operational insights with market analysis, which helps guide investors towards more rational investment behaviors [6][11]. Group 3: Engagement and Popularity - The trend has gained traction, with many fund managers experiencing significant increases in their follower counts on platforms, indicating that sharing real portfolios acts as a tool for attracting more investors [7]. - For instance, fund manager Jiang Xiaoli from Tianhong Fund has amassed 1.433 million followers, showcasing the popularity of this practice [7]. Group 4: Compliance and Controversies - The phenomenon has sparked debates regarding compliance and potential ethical risks, with concerns that it may be misused as a marketing tool, leading to irrational investor behavior [8][9]. - There are calls for better design and diversity in portfolio sharing to avoid the perception of self-promotion and to ensure that investors receive comprehensive asset allocation insights [9][10]. Group 5: Future Directions - The industry is encouraged to find a balance between compliance and investor needs, ensuring that the practice of sharing real portfolios does not devolve into mere marketing gimmicks [12]. - Long-term success will depend on maintaining investor trust while enhancing the educational value of these interactions, which could be pivotal for the high-quality development of the industry [11][12].

Core Insights - The trend of fund managers publicly sharing their real investment portfolios is emerging as a significant phenomenon in the public fund industry by 2025 [1][2] - Over 30 fund managers have begun to disclose their personal fund portfolios on platforms like Ant Fortune and Tian Tian Fund, with total amounts ranging from 10,000 to 400 million [1] Group 1: Background and Development - The practice of fund managers sharing real portfolios began in September 2023 with Ant Fortune launching this feature, followed by Tian Tian Fund in July 2025 [4] - This trend arose during a period when actively managed equity funds were underperforming the market for three years, leading to investor dissatisfaction and calls for accountability from fund managers [5] Group 2: Impact on Investor Relations - Fund managers' public portfolio sharing is seen as a way to rebuild trust in the industry by aligning their interests with those of investors, as they invest their own money alongside clients [5][11] - The practice serves as a form of investor education, where fund managers provide insights and analysis alongside their portfolio updates, fostering a more interactive relationship with investors [6] Group 3: Compliance and Controversies - The phenomenon raises compliance concerns, such as whether it could be perceived as a form of marketing or "selling" products, potentially leading to investor misguidance [3][8] - There are calls for fund managers to diversify their portfolio disclosures to include external funds, enhancing the credibility of their investment strategies and avoiding the perception of self-promotion [9][10] Group 4: Future Directions - The industry needs to find a balance between compliance and meeting investor needs, ensuring that the practice does not devolve into mere marketing gimmicks [12] - Long-term success will depend on establishing clear compliance standards and enhancing investor education while maintaining the integrity of the investment process [11]

Core Viewpoint - The trend of fund managers publicly sharing their real investment portfolios, known as "晒实盘," is gaining traction in the industry, serving as a tool for attracting investors and enhancing engagement with them [1][13][18]. Group 1: Fund Managers' Performance - At least 20 fund managers have publicly shared their real investment portfolios on platforms like Ant Wealth and Tian Tian Fund, with total investment amounts ranging from 40,000 to 4 million yuan [1][5]. - Six fund managers have total investments exceeding 1 million yuan, including notable figures from Guojin Fund and Guotai Fund [7][8]. - The average return on these real investments has been positive, with some managers reporting returns exceeding 1 million yuan and rates as high as nearly 130% [1][8][11]. Group 2: Investor Reactions and Engagement - Investors generally welcome the transparency provided by fund managers sharing their real portfolios, as it fosters trust and encourages better investment habits [1][18]. - The practice has led to increased interaction between fund managers and investors, with many managers using their portfolios to share insights and strategies [1][17][18]. - Fund managers often employ regular investment strategies, such as weekly or monthly contributions, which can help guide investors toward disciplined investment practices [1][18]. Group 3: Industry Trends and Implications - The introduction of real investment portfolio features on platforms like Tian Tian Fund has attracted significant participation from fund managers [3][4]. - The trend has sparked widespread discussion in the market, with industry experts noting its potential to enhance investment transparency and investor confidence [13][18]. - Fund managers view this practice as a way to align their interests with those of investors, emphasizing a shared commitment to navigating market fluctuations together [17][20].

Core Viewpoint - The trend of fund managers publicly sharing their real investment portfolios is gaining traction, serving as a tool for attracting investors and enhancing engagement with them [1][10][15]. Group 1: Overview of Fund Managers Sharing Real Portfolios - At least 20 fund managers have publicly disclosed their real investment portfolios on platforms like Ant Fortune and Tian Tian Fund, with total amounts ranging from 40,000 to 4 million yuan [1][4]. - The total investment amounts of six fund managers exceed 1 million yuan, with notable figures including Yao Jiahong and Ma Fang from Guojin Fund, and Liang Xing from Guotai Fund [4][5]. - Fund managers have reported positive returns on their real investments, with some achieving cumulative profits exceeding 1 million yuan and returns as high as nearly 130% [1][5]. Group 2: Performance of Individual Fund Managers - Yao Jiahong's total investment amount is 4.1772 million yuan, with a cumulative profit of 1.1714 million yuan, and holding returns of 39.44% and 38.03% for specific funds [5]. - Ma Fang has a total investment of 2.0005 million yuan and a cumulative profit of 643,300 yuan, with holding returns of 47.68%, 43.79%, and 33.51% for her funds [5]. - Lei Tao from Debang Fund has a total investment of 1.7611 million yuan and a profit of 546,500 yuan, with some holdings still in negative territory [5]. Group 3: Impact and Reactions - The practice of sharing real portfolios has sparked discussions about potential compliance risks and the possibility of investors following trends irrationally [1][10][14]. - Fund managers' public sharing is generally welcomed by investors, as it can boost confidence during market downturns and promote good investment habits through regular contributions [1][14]. - The trend is seen as a step forward in enhancing transparency and fostering trust between fund managers and investors [10][15]. Group 4: Future Considerations - While sharing real portfolios can enhance investor engagement, it is essential for investors to assess their own risk tolerance and investment goals before following fund managers' strategies [17][18]. - Fund managers are encouraged to maintain transparency and provide risk warnings to avoid misleading investors [18].

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]