As the first half of 2026 concludes, the Electronics Index (CI005025.WI) leads the 30 CITIC primary industry sectors with a year-to-date gain of 85.49%.
The semiconductor industry, characterized by high technical barriers and numerous upstream and downstream segments, presents challenges for ordinary investors seeking to identify companies with sustainable competitive advantages.
Huashang Electronic Sector Quantitative Equity Fund (Class A: 007685 / Class C: 022831), managed by Ai Dingfei of Huashang Fund, aims to help investors systematically capture opportunities in the electronics sector by constructing quantitative models based on macroeconomic and capital market data factors.
As of June 24, 2026, the fund's Class A shares have surged 171.93% over the past year, outperforming its benchmark by 63.55 percentage points.
Since inception, the fund's net value has grown by 333.07%, exceeding its benchmark by 133.85 percentage points, delivering significant alpha to investors (the benchmark's performance over the same periods was 108.38% and 199.22%, respectively).
About Fund Manager Ai Dingfei
Dr. Ai Dingfei, currently Assistant General Manager of the Quantitative Investment Department at Huashang Fund, boasts over 11 years of experience in securities (4.3 years in research, 7.6 years in investment).
He previously served as Vice President in the Finance Division at Goldman Sachs Group, joined Huashang Fund in 2017, and currently manages funds including the Huashang Electronic Sector Quantitative Equity Fund and the Huashang SSE STAR Market Composite Index Enhanced Fund.
Ai holds a Ph.D. in Applied Physics.
His investment framework centers on a multi-factor quantitative stock selection model, enhanced with deep learning algorithms for portfolio optimization and construction, with quantitative methods applied throughout the entire investment process.
He has stated that his goal is to use quantitative models to mitigate emotional interference and help the fund better adapt to rapidly changing markets, striving to deliver sustained investment returns for unit holders.
Focus on Electronics with "Multi-Factor + AI" Driven Selection
The Huashang Electronic Sector Quantitative Equity Fund primarily invests in listed companies within the electronics sector, as defined by the CITIC industry classification system.
This includes companies under the primary CITIC Electronic Components classification, covering areas such as electronic components, devices, electromechanical products, specialized materials, industrial equipment, measuring instruments, and radar.
Under strict risk control, the fund effectively combines a multi-factor model with artificial intelligence algorithms to build quantitative portfolios, aiming to achieve long-term, stable returns that exceed the performance benchmark for its unit holders.
Investors interested in this approach may wish to pay attention.
Data and Performance Notes
Index data in this article is sourced from Wind Information. Relative return, or alpha, represents the portion of a fund's return that exceeds its performance benchmark over a specific period.
Fund manager Ai Dingfei has managed this fund since its inception on September 17, 2019.
Fund performance data is as of June 24, 2026, verified by the custodian, with benchmark data from Wind.
For Class C shares, the one-year performance (June 25, 2025 to June 24, 2026) and performance since inception (December 13, 2024 to June 24, 2026) are 170.86% and 174.03% respectively, compared to benchmark returns of 108.38% and 107.85% for the same periods.
As of June 30, 2026, Ai Dingfei has 4.3 years of securities research experience and 7.6 years of securities investment experience.
His fund management history includes several Huashang funds, with performance data for in-equity funds sourced from periodic reports and latest NAV available on the Huashang Fund website.
Detailed historical annual performance figures for the Huashang Computer Industry Quantitative Equity Fund, the Huashang SSE STAR Market Composite Index Enhanced Fund, and the Huashang Electronic Sector Quantitative Equity Fund are provided, along with their respective benchmarks, inception dates, and past managers.
Pension clients subscribing through the fund company's direct sales center are subject to specific subscription rates; please refer to the fund's prospectus and related announcements.
Risk Warning
The fund manager is committed to managing fund assets with honesty, diligence, and prudence but does not guarantee profits or a minimum return.
Past performance and net asset value do not indicate future results, and the performance of other funds managed by the manager does not guarantee this fund's performance.
Investors should carefully read the fund contract, prospectus, and other legal documents before investing and choose products that match their risk tolerance and investment objectives.
Market risks exist; fund investment requires caution.
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