Fortune Wealth Fund's Q1 performance rankings announced: 58 products ranked in the top 10% of their peers

In Q1 2026, the A-share market showed a clear pattern of structural opportunities amid market fluctuations. Energy and technology sectors became the dual main drivers of momentum, trading activity remained active, and structural opportunities were on display. Against a complex and ever-changing market environment, Fochina Fund, leveraging its deep research and investment foundation and multi-asset allocation capabilities, coordinated efforts across its three major business lines—equity, fixed income, and quantitative strategies—to deliver outstanding performance.

According to data from Galaxy Securities, as of March 31, 2026, 58 products under Fochina Fund ranked among the top 10 in their peer group over the past year. Covering three major tracks—active equity, fixed income, and quantitative investment—this demonstrates its investment management capabilities and asset allocation strength in complex market conditions.

Active Equity: Tech outperformance leader group, and multi-sector alpha continues to emerge

In Q1, the rotation of market styles in the A-share market accelerated, with clear sector differentiation. The ability of active equity funds to capture excess returns became a key factor. Fochina Fund’s active equity team adheres to the research and investment philosophy of “in-depth research, bottom-up approach, respect for individual strengths, and long-term returns.” Based on deep fundamental research, the team continues to identify high-quality companies with long-term competitiveness in sectors such as technology growth, pharmaceuticals, and Hong Kong stocks. Several of its products delivered notable excess returns during market turbulence.

According to data from Galaxy Securities, as of March 31, 2026, among Fochina Fund’s 18 active equity products, their one-year performance ranks were within the top 10 of their peer group. In total, 28 products maintained leading positions over periods of the past three years, past five years, and even longer. Their mid- to long-term return capability is prominent. Specifically, the technology growth segment performed especially strongly over the past 1 year. Managed by Luo Qing, Fochina Innovative Technology Hybrid achieved a return of 151.41% over the past year; its performance benchmark for the same period was 21.63%. It ranked first among 62 industry equity funds, becoming a “double-up” standout that attracted market attention. Managed by Xu Yan, the three products Fochina Core Technology 12-Month Holding, Fochina Times Selected, and Fochina Growth Strategy each delivered returns of over 90% over the past year; their performance benchmarks for the same period were 11.72%, 16.95%, and 16.95%, respectively. Their peer rankings were all within the top 3, demonstrating precise capture of structural opportunities in the technology sector.

Several products managed by Cao Jin, including Fochina Inflation/Deflation Thematic Rotation, Fochina Small and Mid-Cap Stock Selection, Fochina Craftsman Heart Selected 12-Month Holding, and Fochina Growth Momentum, all had one-year returns exceeding 80%. Their performance benchmarks for the same period were 12.11%, 22.34%, 21.06%, and 21.06%, respectively, and their rankings were all within the top 4 of their peer group. The Fochina ChiNext Two-Year Periodic Open and the Fochina Innovative Trend Stock managed by Cao Jin were also ranked within the top 10 of their peer group over the past year, with returns exceeding 60%. Their performance benchmarks for the same period were 27.05% and 15.35%, respectively. Products such as Fochina Emerging Industry Stock managed by Sun Quan, Fochina High-Tech Industry managed by Li Yuanbo, and Fochina New Opportunity managed by Zhang Hong also performed steadily, with all ranking within the top 10 of their peer group.

In the pharmaceutical investment segment, Fochina Pharmaceutical Innovation jointly managed by Zhao Wei and Wang Chao achieved a return of 31.54% over the past year, with a performance benchmark of 14.33% for the same period. It ranked 4th among 49 industry equity stock funds. For Hong Kong stock investments, Fochina Fund’s overseas investment team continues to identify global opportunities. The Fochina Hong Kong Stock Connect Dividend Selection jointly managed by Zhang Feng, Wang Wanyi, and Xue Yuan achieved a return of 35.00% over the past year, with a performance benchmark of 12.65% for the same period. It ranked 4th among 45 Hong Kong Stock Connect偏股型 funds. The Fochina Blue-Chip Selection Stock (QDII) (USD), jointly managed by Zhang Feng and Wang Menghai, achieved a return of 44.99% over the past year, with a performance benchmark of 1.77% for the same period. It ranked 8th among 101 QDII stock funds. By leveraging coordination across multiple tracks, it reflects the depth of sector coverage and stock selection capability of Fochina Fund’s active equity team in complex markets.

Fixed Income: Multi-line stability such as pure bond and subordinate bond, with continued outperformance over the medium and long term

In Q1, volatility in the bond market increased. Since March, driven by factors such as a warming inflation expectation, long-end interest rates clearly rose, and pure bond funds generally faced pressure. In this context, Fochina Fund’s fixed income team has long practiced the investment philosophy of “steady investing, long-term returns.” With a rigorous credit analysis framework and multi-category asset allocation capability, multiple products under the fund maintained a leading advantage amid the volatility. According to data from Galaxy Securities, as of March 31, 2026, 15 fixed income products under Fochina Fund ranked within the top 10 of their peer group.

For pure bond funds, the Fochina Strong Return Regular Open Bond managed by Huang Jiliang ranked within the top 10 in the same peer group over the past three years, past five years, past seven years, and past ten years. Its ten-year ranking even secured the “No. 1” crown, fully proving its ability to deliver stable returns through different cycles. Among them, the pure bond fund managed by Huang Jiliang, Fochina Xiangli 1-Year, ranked within the top 8 among peers over the past three years, past five years, and past seven years. Several products had one-year returns all within the top 10 of their peer group.

For ordinary bond funds, Fochina Hui Li Return Two-Year Regular Open Bond jointly managed by Huang Jiliang and Lü Chunjie achieved a return of 6.13% over the past year; its performance benchmark for the same period was 2.11%. It ranked 4th among 157 peer products. Chen Siyang managed Fochina Xingli Enhanced Bond Issuance, which achieved a return of 13.47% over the past year; its performance benchmark for the same period was 1.36%, ranking within the top 7 of the peer group. Over the past three years and past five years, it also remained within the top 10 among peers.

For credit-tilted bond funds, the Fochina Jiuli managed by Cai Yaohua and Yu Xiaobin achieved a return of 23.15% over the past year; its performance benchmark for the same period was 2.10%, ranking 5th among 308 peer products. Over the past three years and past five years, the product also ranked in the leading group among peers, demonstrating sustained ability to deliver excess returns. Managed by Wu Yijing, Fochina Pucheng Return 12-Month Holding achieved a return of 15.77% over the past year; its performance benchmark for the same period was 2.35%, ranking in the top 5. Managed by Zhang Yuhao, Fochina Yuexiang Return 12-Month Holding achieved a return of over 13% over the past year; its performance benchmark for the same period was 3.66%, ranking in the top 8.

In summary, Fochina’s fixed income team advances in both pure bond and the “fixed income+” domain, providing investors with diversified and steady allocation tools.

QuantitativeInvestment: Leading in multiple tracks such as gold, communication equipment, and batteries; an ETF brand matrix takes shape

The scale of the domestic ETF market has surpassed 6 trillion yuan, and in 2026 the quantitative investment wave continues. Fochina Fund’s quantitative team has been deeply focused on the index field for 17 years. Its product lineup is comprehensive, including enhanced indexes, ETFs, indexes, quantitative fixed income+, and absolute return strategies. As of the end of Q1 2026, Fochina Fund had 87 ETFs under its management, with its total number of products ranking in the top three in the industry. In mid-March, Fochina Fund completed the renaming of all its ETF products. It consistently launched the “Fochina ETF” brand, enhancing product recognizability and investment convenience.

According to data from Galaxy Securities, as of March 31, 2026, 11 quantitative products under Fochina Fund ranked within the top 10 of their peer group over the past year. With gold highlighting the value of a safe-haven asset, the Fochina Gold ETF achieved a net asset value growth rate of 39.29% over the past year. Its performance benchmark for the same period was 39.62%. It ranked first among 14 peer gold funds, providing a handy tool for precisely capturing gold allocation opportunities. The communications equipment sector performed strongly. The Fochina Communications ETF and its feeder fund achieved one-year returns of 136.27% and 122.09%, respectively. Their performance benchmarks for the same period were 135.56% and 126.69%, respectively. Both ranked 2nd among their peer products, becoming a leader in this sub-sector.

In the new energy sector, the Fochina Battery ETF achieved a one-year return of 66.58%, with a performance benchmark of 64.23% for the same period. It ranked 4th among 84 peer products, reflecting the company’s ability to build a tool-based allocation in a high-boom sector. In the Hong Kong innovative drug segment, the Fochina Hong Kong Stock Connect Medical ETF achieved a one-year return of 26.27% and a performance benchmark of 27.32% for the same period, ranking 5th among 59 peer products. In addition, several products such as the Fochina Rare Earth ETF and Fochina STAR Market Venture Enterprise ETF also ranked among the leading positions over the past year, providing efficient tools for investors to capture structural market opportunities.

It should be noted that the largest cross-border ETF in the domestic market—Fochina Hong Kong Stock Connect Internet ETF and its feeder fund—recently officially reduced fees. The management fee rate was lowered from 0.5% per year to 0.15% per year, and the custody fee rate was lowered from 0.1% per year to 0.05% per year. Both are the lowest tiers among ETFs tracking the same underlying. This effectively benefits investors and further improves the investment experience.

In 2026, China is in the first year of the “15th Five-Year Plan,” and the economy is entering a new stage of high-quality development. Residents’ wealth management needs are becoming increasingly diversified, placing higher requirements on the professional capabilities of asset management institutions. Fochina Fund will continue to adhere to in-depth research as its foundation, put investors’ interests at the core, and continuously optimize its three research and investment platforms—equity, fixed income, and quantitative strategies. In complex and ever-changing markets, with rigorous risk control and forward-looking deployment, it aims to create long-term, steady, and sustainable investment returns for investors, helping more families preserve and grow their wealth. It will contribute professional strength to the new journey of high-quality development.

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责任编辑：郭栩彤