Fangzheng Fubon's core strengths surpass Guangfa's far-sighted selection to become the second fund to double its value within a year.

The second fund to double its returns this year has emerged. The latest net asset value disclosure shows that as of May 25, Fangzheng Fubon Core Advantage Fund managed by Wu Hao has achieved a net asset value growth rate of 106.12% this year, making it the second fund to double its returns this year, surpassing the previously leading fund, GF Yujian Intelligent Selection Fund, which had a growth rate of 105.18% for the year thus far. It is worth mentioning that Fangzheng Fubon Core Advantage Fund had not yet crossed the doubling line last Friday, with a net asset value growth rate of 96.59% at the time, but its net asset value quickly rose thereafter. From the latest disclosed holdings, the top three stocks in Fangzheng Fubon Core Advantage Fund by the end of the first quarter were Jiang Bolong, Demingli, and Shannon Core Innovation. Overall, the fund's portfolio is highly focused on the semiconductor industry chain, with the main directions of heavy positions being in storage chips, storage modules, semiconductor distribution, and related equipment materials, among other high-elasticity technology growth assets.