Group 1 - The core point of the article highlights that the Huatai-PineBridge North Exchange Innovation Selected Two-Year Open Mixed Fund A/C has performed poorly in November, with returns of -13.50% and -13.52%, ranking at the bottom of the mixed fund performance list for the month [1] - As of the latest report, the fund has a cumulative return of 96.74% and 93.60%, with a cumulative net asset value of 1.9405 yuan and 1.9095 yuan respectively [1] - The fund focuses on companies with excellent management quality and favorable fundamental trends that align with China's economic and industrial development direction, with its top ten holdings including companies like Kaitian Co., Minshida, and Wantong Hydraulic [1] Group 2 - The current fund manager, Ma Xiang, has been with Huatai-PineBridge since 2011 and has served as an industry analyst before taking on the role of fund manager since November 23, 2021 [1] - The fund was established on November 23, 2021, and has a total fund size of 1.88 billion yuan for the C share and 1.91 billion yuan for the A share as of the end of November 2023 [2]

Group 1 - In November, out of 8716 comparable mixed funds, only 1276 funds saw an increase in net value, representing 14.6% of the total [1] - A total of 8 mixed funds achieved a monthly increase of over 10%, with Huaxi Preferred Value Mixed Fund A and C leading at 14.11% and 14.07% respectively [2] - The Huaxi Preferred Value Mixed Fund A, established on November 9, 2023, has a year-to-date return of 26.78% as of November 28, 2025 [2] Group 2 - The Galaxy Core Advantage Mixed Fund A recorded a monthly increase of 14.00% and has a year-to-date return of 33.88% as of November 28, 2025 [3] - The fund's top ten holdings include major companies such as Ningde Times and Yihua Energy [3] - 11 mixed funds experienced a decline of over 12% in November, with the worst performers being Huatai Fuhua North Exchange Innovation Selected Mixed Fund A and C, which fell by -13.52% and -13.50% respectively [3][4] Group 3 - The performance of mixed funds in November indicates a challenging market environment, with a significant majority of funds experiencing declines [1][3] - The data reflects a trend where only a small fraction of funds are able to achieve substantial gains, highlighting potential volatility in the mixed fund sector [1][2]