Core Insights - The market has shown a strong recovery since the "924 market" began last year, with public funds delivering solid returns for investors, as evidenced by the performance of stock and mixed funds in 2025 [1] Fund Performance - As of October 31, 2025, stock and mixed funds achieved average returns of 29.67% and 26.25% respectively for the first ten months of the year, with one-year average returns of 29.26% and 25.63% [1] - Huian Fund's products have shown remarkable performance, with 18 funds yielding over 30% in the past year, and 11 of those exceeding 40% [1] - The Huian Growth Preferred Mixed A and C funds achieved returns of 117.29% and 115.57% respectively over the past year, ranking 4th and 7th among similar flexible strategy mixed funds [1] Manager Insights - Zou Wei, Deputy General Manager and Chief Investment Officer of Huian Fund, has demonstrated strong resilience in managing multiple products, with the Huian Industry Leader Mixed A fund returning 47.12% over the past year, ranking in the top 13% of its category [2] - Other funds managed by Zou Wei also reported returns exceeding 39%, ranking in the top 30% of their categories [2] - The Huian Multi-Factor Mixed A and C funds, managed by Liu Yucai, also achieved returns over 40%, placing them in the top 20% of their category [2] Research and Strategy - The rise in performance of Huian Fund is attributed to a deep commitment to fundamental research, with a focus on bottom-up stock selection to generate alpha [3] - The investment team consists of members with backgrounds in pharmaceuticals, consumer goods, and technology, enhancing their ability to identify valuable opportunities [3] Long-term Performance - As of the end of Q3 2025, Huian Fund has seen 10 funds achieve over 100% returns since inception, with the Huian Growth Preferred Mixed A and C funds returning 121.95% and 108.38% respectively, significantly outperforming their benchmarks [4] - The Huian Industry Leader Mixed A fund achieved a return of 146.62%, exceeding its benchmark by 118.17% [4] - The Huian Balanced Growth Group's funds also reported impressive returns, with the Huian Fengze Mixed Fund achieving returns of 248.39% and 239.12% [4] Recognition - Several funds from Huian Fund have received high ratings from authoritative fund rating agencies, including five-star ratings for multiple funds over three and five-year periods [5]

Core Insights - The article provides an overview of the performance of various mutual funds, highlighting the top and bottom performers based on net asset value updates as of October 20, 2025 [3][4]. Fund Performance Summary Top Performing Funds - The top 10 funds with the highest net value growth include: 1. Rongtong New Energy Vehicle Theme Selected A: 2.6994 (up from 2.5757) [3] 2. Rongtong New Energy Vehicle Theme Selected C: 2.6303 (up from 2.5099) [3] 3. Huian Growth Preferred Mixed A: 2.0799 (up from 1.9847) [3] 4. Huian Growth Preferred Mixed C: 1.9519 (up from 1.8626) [3] 5. Manulife Growth Mixed: 3.3419 (up from 3.1896) [3] 6. Zhongjia Core Intelligent Manufacturing Mixed A: 1.8700 (up from 1.7852) [3] 7. Zhongjia Core Intelligent Manufacturing Mixed C: 1.8291 (up from 1.7462) [3] 8. Manulife Performance Mixed A: 2.1059 (up from 2.0108) [3] 9. Manulife Performance Mixed C: 2.0781 (up from 1.9843) [3] 10. Manulife Economic Leading Two-Year Holding Mixed: 1.1704 (up from 1.1185) [3] Bottom Performing Funds - The bottom 10 funds with the lowest net value growth include: 1. Qianhai Kaiyuan Gold and Silver Jewelry Mixed A: 2.4620 (down from 2.6090) [4] 2. Qianhai Kaiyuan Gold and Silver Jewelry Mixed C: 2.4060 (down from 2.5490) [4] 3. Huafu Yongxin Flexible Allocation Mixed C: 1.6901 (down from 1.7884) [4] 4. Huafu Yongxin Flexible Allocation Mixed A: 1.7397 (down from 1.8407) [4] 5. Wanjia Cycle Vision Stock Initiation C: 1.0294 (down from 1.0806) [4] 6. Wanjia Cycle Vision Stock Initiation A: 1.0298 (down from 1.0810) [4] 7. Yinhua Domestic Demand Selected Mixed (LOF): 3.8010 (down from 3.9700) [4] 8. Yinhua Tongli Selected Mixed: 1.2138 (down from 1.2662) [4] 9. Yinhua Growth Pioneer Mixed: 1.4650 (down from 1.5270) [4] 10. Gold Stock ETF: 1.9938 (down from 2.0742) [4] Market Overview - The Shanghai Composite Index opened high and experienced horizontal fluctuations, closing slightly up, while the ChiNext Index showed a similar trend with a slight increase [6]. - The total trading volume was 1.75 trillion (down by 200 billion from the previous trading day) [6]. - The number of advancing stocks was 4064, while declining stocks numbered 1253 [6]. - Leading sectors included communication equipment and gas supply, both rising over 3% [6].