The AI fund Harvest ESG Sustainable Investment Hybrid A (017086) disclosed its 2025 annual report. The fund profit in 2025 was 122 million yuan, and the weighted average fund share profit for the current period was 0.4096 yuan. During the reporting period, the fund's net value grew by 53.95%. As of the end of 2025, the fund size was 184 million yuan.
This fund is a stock-biased hybrid fund. As of April 8, the net unit value was 1.497 yuan. The fund manager is Cai Chengfeng, and the four funds he currently manages have all had positive returns in the past year. Among them, as of April 8, Harvest Green Theme Stock Initiative A has the highest growth rate of net value of reinstated units in the past year, reaching 74.99%; Harvest Emerging Prosperity Hybrid Initiative A has the lowest growth rate, at 49.06%.
The fund manager stated in the annual report that looking forward to the first half of 2026, we judge that the relative prosperity of the new energy-related industry chains is expected to continue. Communications equipment, AI servers and power supplies, key materials and high-end manufacturing, aerospace equipment, wind power equipment, medical services and other directions have opportunities with Alpha conditions such as "order visibility + profitability resilience + valuation constraints"; and remain relatively cautious in directions with traditional cycles or greater demand fluctuations such as airports, chemical raw materials, film and television theaters, construction machinery, games, etc.
As of April 8, the net value growth rate of Harvest ESG Sustainable Investment Mix A in the past three months was 1.34%, ranking 254/621 among comparable funds in the same category; the growth rate of the net value of reinstated units in the past half year was 3.97%, ranking among comparable funds in the same category. Fund 257/621; the net value growth rate of reinstatement units in the past year is 68.47%, ranking 106/618 of similar comparable funds; the net value growth rate of reinstatement units in the past three years is 46.52%, ranking 79/559 of similar comparable funds.
Through the quantile chart of the net value growth rate of the fund in the selected interval, you can observe the performance comparison of the fund with similar funds. The picture shows the quantile of the net value growth rate among similar funds from the coordinate origin to a certain point in the interval.
As of March 31, the Sharpe ratio of the fund in the past three years was 0.9414, ranking 36/550 among similar comparable funds.
As of April 8, the fund's maximum drawdown in the past three years was 25.62%, ranking 93/550 among similar comparable funds. The largest retracement in a single quarter occurred in the third quarter of 2024, which was 14.26%.
According to statistics from regular reports, the average stock position since its establishment is 87.33%, and the average of similar companies is 85.83%. At the end of the third quarter of 2023, the fund reached its highest position of 93.31%, and at the end of 2025, it was the lowest at 80.42%.
As of the end of 2025, the fund size will be 184 million yuan.
As of December 31, 2025, there were a total of 1,243 fund holders, holding a total of 131 million shares. Among them, managers hold 149,600 shares, accounting for 0.11%, institutions hold 20.28%, and individual investors account for 79.72%.
As of December 31, 2025, the fund's turnover rate in the past year was approximately 365.57%, which has been lower than the average for the same category for 2 consecutive years.
As of the end of 2025, the ten largest holdings of the fund are Zijin Mining, Sinoma Technology, GigaDevice, Radio and Television Measurement, Lanxiao Technology, AIA, Zijin Gold International, Ruichuang Microna, Sanhuan Group, and Jack Technology.
Checker: Shen Nan
