Recently, the “unpopular” agricultural sector has risen to prominence. Not only has it become one of the few highlights in the volatile market, but it has also enabled a number of themed products issued against the trend to achieve impressive results. Many funds established at lower levels in the sector have been able to confidently open positions in the “Golden Pit”, which has resonated with performance and scale in the rebound market. During the year, while the technology sector was still at a high level, fund companies exercised restraint on the issuer side of technology-themed funds, and only concentrated on “upgrading” after recently hitting a phased low level. Although it is difficult to overcome the “headwind situation” of fund issuance, public funds are now gradually leaving their dependence on “going the wind” that blindly chases high-popularity racetracks. In the context of various policies and measures that strictly control product distribution, investment and operation, and performance evaluation, public funds have also implemented various reform requirements and are beginning to learn “self-restraint.”

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