中国经济网北京1月6日讯 （记者 康博） 根据同花顺数据显示，在2025年12月份有可比业绩的1054 只（各份额分开计算，下同）普通股票型基金中，业绩上涨的共有754只，占比超70%，另有298只下 跌，2只持平。 从涨幅榜看，宝盈国家安全沪港深股票A、宝盈国家安全沪港深股票C、诺安研究精选股票A、诺 安研究精选股票C上涨均超过2成，成为领涨品种，分别上涨了27.54%、27.48%、25.31%、25.31%。 宝盈国家安全沪港深股票由容志能管理，其曾在广东省电力设计研究院担任网络工程项目经理，广 发证券股份有限公司担任家电行业研究员，中投证券有限公司担任通信行业研究员，天风证券股份有限 公司担任通信行业联合首席。2020年12月加入宝盈基金管理有限公司，担任行业研究员，2023年起担任 基金经理。在管理该基金不到3年的时间里，容志能的任职回报已经高达80%。 2025年三季报显示，宝盈国家安全沪港深股票的前十大重仓股为华虹半导体、零跑汽车、中芯国 际、新易盛、臻镭科技、芯源微、上海瀚讯、鼎通科技、旭光电子、精智达，其中多数个股都为半导体 板块龙头公司，而这也正是该基金涨幅领先的原因。 诺德策略回报A/C ...

Group 1 - The issuance of equity funds remains strong in September, with a total of 124 new funds launched, of which 85 are equity funds, accounting for approximately 68% of the total [2] - Growth-style funds continue to dominate the new fund issuance, with several funds focusing on high-end manufacturing, artificial intelligence, and pharmaceuticals [2][4] - The market has seen a surge in investor enthusiasm, exemplified by the early closure of the招商均衡优选混合 fund on its first day of sale due to exceeding the 50 billion RMB subscription limit [5][6] Group 2 - Several new broad-based index funds have been launched in September, particularly those tracking the ChiNext and STAR Market, indicating a focus on more volatile market segments [3] - New floating fee rate funds have also been introduced, with a mix of industry-themed products aimed at meeting diverse investor needs [4] - The emergence of "daylight funds" in September reflects growing investor confidence in the equity market despite recent market fluctuations [5][6]

Core Insights - A total of 19 public funds have launched their initial fundraising on August 4, including three products from the second batch of new floating-rate funds: E Fund Value Return Mixed, China Europe Core Select Mixed, and Jianxin Medical Innovation Stock [1] Fund Details - China Europe Core Select Mixed is set to end its fundraising on August 15, E Fund Value Return Mixed on August 20, and Jianxin Medical Innovation Stock on August 22 [1] - Jianxin Medical Innovation has a fundraising cap of 3 billion yuan [1] Fund Management - E Fund Value Return is managed by Tang Bolun, Jianxin Medical Innovation by Ma Muqing, and China Europe Core Select by Zhang Cong and Song Ting [1] Fund Approval and Themes - The second batch of new floating-rate funds was approved on July 24, covering various industry themes such as pharmaceuticals, manufacturing, and high-end equipment, along with initiator funds [1] - Among the new products, there are 2 stock-type funds and 10 equity-mixed funds, including: Invesco Great Wall High-end Equipment Stock, Jianxin Medical Innovation Stock, Bank of China Quality Emerging Mixed, Ping An Research-Driven Mixed, Southern Ruijing Mixed, Oriental Red Medical Innovation Mixed, E Fund Value Return Mixed, Huatai-PB Manufacturing Theme Mixed, Guotai Quality Core Mixed, China Europe Core Select Mixed, and Morgan Huikai Growth Mixed [1]

Core Viewpoint - The second batch of new floating-rate funds has been officially submitted for registration, following the first batch's successful fundraising, indicating a significant reform in the public fund industry aimed at enhancing investor returns and aligning fund management fees with actual long-term performance [1][2][4]. Group 1: Fund Registration and Types - On July 4, the China Securities Regulatory Commission (CSRC) announced that 11 public fund companies, including E Fund and Huatai-PB, have submitted applications for the second batch of floating-rate funds [1][2]. - Unlike the first batch, which consisted entirely of all-market funds, the second batch includes industry-themed products such as Huatai-PB's manufacturing theme mixed fund and Invesco Great Wall's high-end equipment stock fund [2]. Group 2: Fund Performance and Fundraising - As of July 4, 24 out of 26 funds from the first batch have completed fundraising, totaling approximately 22.68 billion yuan, with an average fundraising size of about 944.5 million yuan per fund [4]. - Notably, three funds exceeded 1.5 billion yuan in fundraising, while 14 funds raised between 500 million yuan and 1 billion yuan, indicating a strong market response [4]. Group 3: Fee Structure and Investor Alignment - The floating-rate fund model aims to enhance the alignment of interests between fund managers and investors by linking management fees to the actual long-term returns achieved by investors [3][7]. - The new fee structure is designed to encourage a long-term investment perspective among investors, moving away from a focus on short-term gains [3][7]. Group 4: Future Trends and Industry Impact - The CSRC plans to promote the floating management fee model for newly established actively managed equity funds, aiming for at least 60% of such funds to adopt this model within a year [7]. - This shift is expected to transform the public fund industry from a focus on scale to a focus on investor returns, marking a significant trend in supply-side reform [7][8].