137 "double money foundation" released, showing the earning effect of public funds.
Recently, the market has been hot, and public mutual funds have demonstrated a significant ability to make money and achieve excess returns. For example, the returns of three thematic funds on the Shanghai Stock Exchange have all exceeded 200% in the past year, significantly outperforming their benchmarks. As of August 18, more than 130 funds have seen returns of over 100% in the past year, mainly concentrated in themes such as Hong Kong securities, Hong Kong innovative drugs, and Hong Kong new consumer funds, as well as technology themes like humanoid robots and AI performing well. In addition, if we look at returns since the beginning of this year, 23 funds have seen their returns double, with the best-performing being funds related to innovative drugs in the Hong Kong stock market.
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