Core Insights - The performance of brokerage asset management products in the first three quarters of 2025 shows an average return of approximately 6.11% and a median return of 2.25% across 2669 products [1] - The most numerous category is bond-type products, with 1913 products yielding an average return of 2.51%, while stock-type products, though fewer in number (32), achieved an impressive average return of 23.30% due to strong A-share market performance [1] Summary by Category Stock-type Products - The top three stock-type asset management products for the first three quarters are: 1. CITIC Securities' "CITIC Securities Zhisheng 500 Index Enhanced No. 1" 2. Huabao's "Huahong No. 1" 3. Caida's "Caida Growth No. 6" [2][3] - The leading product, CITIC Securities Zhisheng 500 Index Enhanced No. 1, has a return exceeding ***% [3] Mixed-type Products - The top mixed-type asset management product is from Founder Securities, with the second place held by CITIC Securities [5][10] - There are 359 mixed-type products, with the top 20 yielding returns above ***% [5] FOF Products - The top five FOF products for the first three quarters include: 1. Zheshang's "Wealth Xinhui CSI 1000 and Small Cap Enhanced FOF No. 1" 2. CITIC Securities' "Wealth Selected Index Enhanced No. 1 FOF" [11] - The leading FOF product has a return exceeding ***% [11] Bond-type Products - The top five bond-type asset management products are: 1. First Entrepreneur's "Convertible Bond Flexible Allocation No. 1" 2. Galaxy's "Stable Earnings No. 20" [14][15] - The bond-type category has the highest number of products, totaling 1913, with the top 20 yielding returns above ***% [14]

Core Insights - The article discusses the performance and structure of brokerage asset management products, particularly focusing on collective asset management plans, which are categorized into various types such as equity, bond, mixed, FOF, QDII, money market, and alternative investments [2][5]. Group 1: Overview of Brokerage Asset Management Products - As of the end of Q1 2025, there are 10,210 brokerage asset management products with a total scale of approximately 28,215 billion yuan [2]. - Among these, 31 firms have collective asset management plans exceeding 10 billion yuan, with CITIC Securities leading at 3,432 billion yuan [2]. Group 2: Performance of Asset Management Products - The average return for brokerage asset management products over the past year is 5.84%, with a median return of 3.51% [5][6]. - Equity products have shown the highest performance, with an average return of 20.97% and a median return of 18.92% [5][6]. Group 3: Performance by Product Type - Bond products, the most numerous with 1,898 products, have an average return of 3.51% [6]. - FOF products have an average return of 13.03%, while mixed products average 9.8% [6]. - The top-performing mixed products include "第一创业富显11号" and "安信资管同享收益1号" [7][9]. Group 4: Top Products in Each Category - The top five mixed products are led by "第一创业富显11号" with significant returns [9]. - In the equity category, "民生添益11号" and "财达成长6号" are the top performers [11][12]. - For FOF products, "浙商财富鑫汇中证1000与小市值增强型FOF1号" and "海通远见1号FOF" are the leading products [17]. - The top bond product is "银河稳盈20号" [20].