The annual "report card" for public offerings is about to be finalized, with active equities leading the way in 2025, long-term performance becoming a focus of attention.

As we enter the late December of 2025, the annual "report card" for public funds will also be finalized. Statistical data shows that since 2025, with the overall market recovery, more than 90% of actively managed equity funds have achieved positive returns, and 39 net asset value "doublers" have also "swept" the top rankings of the year. Looking at long-term performance, a group of fund products have shown impressive returns in the past three years, achieving stable profits in a market where structural opportunities are prominent. Looking ahead to 2026, public fund institutions generally believe that the market style may further balance, and corporate profit recovery will be a core focus.