Foreign-funded public funds optimize holdings structure; tech growth remains a key focus.

As the disclosure of public mutual fund third-quarter 2026 reports concludes, the latest holdings trends of wholly foreign-owned public mutual funds are gradually becoming clear. Judging from third-quarter position adjustments, some foreign-funded public funds, while maintaining equity asset allocations, moderately increased holdings in stable assets such as banks, and continued to explore investment opportunities in technology sectors such as artificial intelligence and semiconductors, with portfolios placing greater emphasis on industry balance and risk-return matching. Multiple interviewees believe that the relevant adjustments are not a simple switch in investment style, but rather that fund managers, while seizing technology growth opportunities, are paying greater attention to corporate earnings quality, valuation levels, and the ability to deliver on performance.