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

In the first quarter of 2026, the A-share market showed a distinctive structural trend amid volatility, with energy and technology sectors becoming the dual main driving forces. Market trading remained active, demonstrating opportunities within the structure. Faced with a complex and ever-changing market environment, GuoFeng Fund leverages its deep investment research foundation and multi-asset allocation capabilities, with the three major business lines of equities, fixed income, and quantitative strategies working together to achieve outstanding performance.

According to Galaxy Securities data, as of March 31, 2026, 58 products under GuoFeng Fund ranked in the top 10% in performance among peers over the past year, covering active equity, fixed income, and quantitative investment tracks, showcasing its investment management ability and asset allocation strength in a complex market environment.

Active Equity: Technology Leaders Lead, Multi-Track Alpha Continues to Emerge

In the first quarter, style rotation in the A-share market accelerated, with significant industry differentiation. The ability of active equity funds to generate excess returns became crucial. GuoFeng Fund’s active equity team adheres to the investment research philosophy of “in-depth research, bottom-up approach, respecting individuality, long-term returns,” using fundamental analysis as the foundation. They continuously identify high-quality companies with long-term competitiveness in technology growth, pharmaceuticals, and Hong Kong stocks, with multiple products delivering notable excess returns amid market fluctuations.

Galaxy Securities data shows that as of March 31, 2026, 18 active equity products under GuoFeng Fund ranked in the top 10% among peers over the past year. Twenty-eight products maintained leadership over three, five, or even longer periods, demonstrating strong medium- and long-term return capabilities. Specifically, in the technology growth sector, recent performance was especially outstanding. The GuoFeng Innovation Technology Hybrid managed by Luo Qing achieved a 151.41% return over the past year, with a benchmark of 21.63%, ranking first among 62 industry-biased equity funds, becoming a market spotlight doubling fund. The three products managed by Xu Yan—GuoFeng Core Technology, GuoFeng Times Selection, and GuoFeng Growth Strategy—each returned over 90% in the past year, with benchmarks of 11.72%, 16.95%, and 16.95%, respectively, all ranking in the top 3, demonstrating precise grasp of structural opportunities in the tech sector.

Cao Jin’s products, including GuoFeng Inflation and Deflation Rotation, GuoFeng Small and Medium Cap Selection, GuoFeng Artisan Selection (12-month holding), and GuoFeng Growth Power, all achieved over 80% returns in the past year, with benchmarks of 12.11%, 22.34%, 21.06%, and 21.06%, respectively, ranking in the top 4 among peers. His management of GuoFeng ChiNext Two-Year Periodic Open and GuoFeng Innovation Trend Stocks ranked in the top 10 among peers over the past year, with returns exceeding 60% and benchmarks of 27.05% and 15.35%. Sun Quan’s GuoFeng Emerging Industries Stocks and Li Yuanbo’s GuoFeng High-Tech Industry, along with Zhang Hong’s GuoFeng New Opportunities, also performed steadily, all ranking in the top 10 among peers.

In pharmaceuticals, Zhao Wei and Wang Chao jointly manage GuoFeng Medical Innovation, which achieved a 31.54% return over the past year, with a benchmark of 14.33%, ranking 4th among 49 industry stock funds. In Hong Kong stocks, the GuoFeng Hong Kong Stock Connect Dividend Select, managed by the overseas investment team including Zhang Feng, Wang Wanyi, and Xue Yuan, returned 35.00% over the past year, with a benchmark of 12.65%, ranking 4th among 45 Hong Kong Stock Connect equity funds. Zhang Feng and Wang Menghai’s GuoFeng Blue Chip Select Stocks (QDII) (USD) achieved a 44.99% return, with a benchmark of 1.77%, ranking 8th among 101 QDII stock funds. The multi-track collaboration reflects GuoFeng’s active equity team’s deep industry coverage and stock-picking ability in complex markets.

Fixed Income: Pure Bonds and Secondary Bonds Maintain Stability, Long-term Performance Continues to Lead

In the first quarter, bond market volatility intensified. Since March, driven by rising inflation expectations, long-term interest rates increased significantly, putting pressure on pure bond funds. Against this backdrop, GuoFeng Fund’s fixed income team has long adhered to the investment philosophy of “steady investment, long-term returns,” relying on rigorous credit analysis and macro asset allocation to maintain a leading edge with multiple products amid fluctuations. Galaxy Securities data shows that as of March 31, 2026, 15 fixed income products under GuoFeng Fund ranked in the top 10% among peers.

For pure bond funds, Huang Jiliang’s GuoFeng Strong Return Regular Open Bond ranked in the top 10% over three, five, seven, and ten years, with the ten-year ranking securing the first place, fully demonstrating its resilient return capability across cycles. The GuoFeng Xiangli 1-Year Pure Bond Fund managed by Huang Jiliang ranked in the top 8 over three, five, and seven years, with several products returning over 10% in the past year.

In general bond funds, Huang Jiliang and Lü Chunjie jointly manage GuoFeng Hui Li Return Two-Year Periodic Open Bond, which returned 6.13% over the past year, with a benchmark of 2.11%, ranking 4th among 157 peers. Chen Siyang’s GuoFeng Xingli Enhanced Bond Initiation Fund achieved a 13.47% return, with a benchmark of 1.36%, ranking in the top 7, and maintaining top 10 rankings over three and five years.

In biased bond funds, Cai Yaohua and Yu Xiaobin’s GuoFeng Jiuli returned 23.15% over the past year, with a benchmark of 2.10%, ranking fifth among 308 peers, with consistent top-tier performance over three and five years. Wu Yijing’s GuoFeng Pucheng Return (12-month holding) gained 15.77%, with a benchmark of 2.35%, ranking in the top 5; Zhang Yuhao’s GuoFeng Yuexiang Return (12-month holding) returned over 13%, with a benchmark of 3.66%, ranking in the top 8.

In summary, GuoFeng’s fixed income team advances in both pure bonds and “Fixed Income +” fields, providing investors with diversified, stable allocation tools.

Quantitative Investment: Leading in Gold, Communications Equipment, Batteries; ETF Brand Matrix Takes Shape

The domestic ETF market exceeded 6 trillion yuan in size, with a continued wave of quantitative investment in 2026. GuoFeng Fund’s quantitative team has specialized in index strategies for 17 years, with a comprehensive product line including enhanced index, ETFs, index funds, quantitative fixed income+, and absolute return products. As of the end of Q1 2026, GuoFeng Fund managed 87 ETFs, ranking among the top three in the industry. In mid-March, all ETF products under GuoFeng Fund were renamed under the “GuoFeng ETF” brand to enhance recognition and investment convenience.

Galaxy Securities data shows that as of March 31, 2026, 11 quantitative products under GuoFeng Fund ranked in the top 10% among peers over the past year. Gold, as a safe-haven asset, saw its ETF, GuoFeng Gold ETF, achieve a net value growth of 39.29% over the past year, with a benchmark of 39.62%, ranking first among 14 similar gold funds, providing a precise tool for gold allocation opportunities. The communication equipment sector performed strongly, with GuoFeng Communication ETF and its linked fund returning 136.27% and 122.09%, respectively, with benchmarks of 135.56% and 126.69%, both ranking second among peers, leading in their niche.

In the new energy sector, GuoFeng Battery ETF returned 66.58% over the past year, with a benchmark of 64.23%, ranking 4th among 84 similar products, reflecting the firm’s ability to deploy tools in high-growth sectors. In Hong Kong’s innovative drug field, GuoFeng Hong Kong Stock Connect Medical ETF returned 26.27%, with a benchmark of 27.32%, ranking 5th among 59 peers. Additionally, several other products such as the Rare Earth ETF and STAR Market Innovation ETF also ranked among the top in their categories, providing investors with efficient tools to capture structural opportunities.

It is worth noting that the largest cross-border ETF in China—GuoFeng Hong Kong Stock Connect Internet ETF and its linked fund—recently reduced fees, lowering management fees from 0.5% to 0.15% annually and custodian fees from 0.1% to 0.05%, the lowest among similar ETFs, truly benefiting investors and further enhancing the investment experience.

2026 marks the beginning of the “14th Five-Year Plan,” as China’s economy enters a new stage of high-quality development. With increasing demand for wealth management among residents, higher requirements are placed on asset management institutions’ professionalism. GuoFeng Fund will continue to base its efforts on in-depth research, prioritize investor interests, and optimize its three major investment research platforms—equities, fixed income, and quantitative strategies. In a complex and volatile market, with rigorous risk control and forward-looking deployment, it aims to create long-term, stable, and sustainable investment returns for investors, helping more families preserve and grow their wealth, contributing professional strength to the new journey of high-quality development.