In the past, funds with assets exceeding 5 billion were used to be called large-cap funds, but at present, funds with assets exceeding10 billion or10 billion are often called large-cap funds.

Refers to funds that hold large-cap blue-chip stocks in heavy positions.

A fund that invests heavily in small and medium-sized growth stocks.

Before the birth of Guangfa strategy optimization last year, people used to call funds with assets exceeding 5 billion as large-cap funds. With the arrival of tens of billions of funds in the past year, at present, funds with assets above10 billion are usually called large-cap stock funds.

Accordingly, funds with assets around 5 billion are regarded as medium-sized funds, and funds with assets below 4 billion are called small-cap funds.

According to WIND statistics, the performance of small-cap funds in the first half of this year was better than that of large-cap funds.

Some people think that small-cap funds outperform large-cap funds mainly because of the staged characteristics of the market in the first half of the year. In the first half of the year, the market was dominated by low-priced stocks, theme stocks and small and medium-sized stocks, and the investment strategy of small-cap funds was concentrated on these stocks, especially small and medium-sized stocks. Another factor is that these small-cap funds have suspended the subscription period, which is conducive to net growth.