Nearly a thousand active equity funds have reached new highs in net asset value, with the technology wave serving as the core driver of net value recovery

Mars Finance News April 27 – In recent years, technology stocks represented by artificial intelligence (AI) and semiconductors have continued to heat up, becoming the core driving force behind the structural recovery of the A-share market. In this round of market, a group of active equity funds have delivered quite impressive results thanks to their early positioning in the technology sector. Wind data shows that in the just-passed week (April 20–24), a total of 906 active equity funds (only counting main shares and excluding products with less than one year since establishment) reached new highs since their inception. Notably, funds managed by veteran investors such as Fu Pengbo, Xie Zhiyu, Xiao Nan, and Feng Mingyuan have recently also hit new record highs. The net value curves of these funds have formed a complete “U-shape” over the past five years — from a peak plunging into a deep trough, then gradually climbing out to new highs. Behind this are market style rotations, industry wave shifts, and the steadfast adherence of some active fund managers to their original investment frameworks in adversity. ( Securities Times )