Core Insights - The performance of products under Taixin Fund shows significant differentiation, with some funds achieving long-term gains while others have underperformed their benchmarks in recent years [1][2] - The company has faced criticism from third-party evaluation agencies regarding style drift in two of its products in Q2 of this year, which the company attributes to compliance with contract terms related to "new technology transformation of traditional services" [1] Fund Performance - Taixin Fund currently manages 35 products with a total net asset value of 32.937 billion yuan, ranking 98th among peers; its only money market fund has a scale of 19.454 billion yuan, while non-money market funds are below 13.5 billion yuan, ranking 127th [1] - The company has only one equity fund with a scale of 11.22 million yuan and 20 mixed funds totaling 6.184 billion yuan, which together account for less than 19% of the company's total management scale [1] - There are 13 bond funds under Taixin Fund with a combined scale of 7.288 billion yuan; however, the company has only two index products, both with scales below 50 million yuan [1] Performance Disparity - Among the equity products, some funds like Taixin Medical Service Mixed Fund and Taixin Small and Medium Cap Selected Mixed Fund have significantly outperformed their benchmarks over the past year and several years [2] - Conversely, several funds, including Taixin Development Theme Mixed Fund and Taixin Modern Service Industry Mixed Fund, have underperformed, with some showing a net value decline of around 50% over the past three years [2] - Specific funds have underperformed their benchmarks by at least 20 percentage points over the past two years, indicating a clear performance disparity within the company's offerings [2]