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制、稳增长政策的持续发力，国内经济短期将呈现温和修复态势。对应到市场，认为A股市场仍存在结构性行情的判断。未来组合操作方面，将维持当前组合偏向稳定现金流方向的配置，并在稳定现金流方向进一步精选行业和个股；并寻找产能、资金出清充分、需求预期基本见底的顺周期行业逐渐择机配置。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1148070","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b28b","date":"2024-03-30T16:00:00.000Z","stockId":3000000002594,"sao":"2024年一季度，国内宏观经济处在“经济底部震荡，政策维持呵护”的状态。A股受增长预期、流动性等因素影响，呈现V型走势。截至3月31日，创业板指、上证指数、上证50年内涨幅分别为-3.9%、2.2%、3.8%。风格上，一方面，A股整体企业盈利周期下行，价值板块的盈利相对优势明显；另一方面，成长板块尤其是医药、电子等权重方向，在过去几年积累了较为集中的筹码结构且估值不低，叠加地缘政治风险，在今年以来明显偏弱的资金面背景下表现不佳。分行业来看，年初以来中信一级行业中石油石化、家电、银行涨幅居前，医药、电子、房地产等板块跌幅居前。　　组合操作方面，一季度维持了较低仓位的运作。结构上，延续以行业配置为切入点，自上而下和自下而上相结合的思路进行组合配置，以宏观视角控制风险，以周期思维配置行业，以稳定且高质量的现金流进行选股，维持对金融、公用事业、零售行业的超配。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.415Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2024年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1076568","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b28a","date":"2023-12-30T16:00:00.000Z","stockId":3000000002594,"sao":"2023年市场整体维持弱势，各主要宽基指数表现偏弱。风格上，市场呈现明显的“价值优于成长”的局面。一方面，A股企业整体盈利周期下行，价值板块的盈利相对优势明显；另一方面，成长板块尤其是新能源、医药等权重方向，在过去几年积累了较为集中的筹码结构且估值不低，在2023年以来明显偏弱的资金面背景下，表现较为不佳。组合操作方面，全年维持了较低仓位的运作。结构上，加大了对稳定现金流因子的关注并选择配置性价比较高的成长行业。","declarationDate":"2024-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.412Z","mo":"市场展望及操作计划方面，我们维持对A股市场结构性行情的判断。一方面，国内实施大规模刺激的可能性较低，国内经济延续底部修复态势；另一方面，美联储货币政策宽松的方向确定，但考虑到短期美国经济和通胀韧性，对海外流动性的快速宽松也不应报太多期待。我们延续以行业配置为切入点，自上而下和自下而上相结合的思路进行组合配置。从行业所处周期位置的角度，我们相对看好处于相对底部的金融、医药等行业的向上修复以及周期可维持、现金流稳定、估值偏低的部分能源、公用事业行业。我们认为稳定且高质量的现金流是创造稳健持续超额收益的来源，在选股中将给予更多关注。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1054331","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b289","date":"2023-09-29T16:00:00.000Z","stockId":3000000002594,"sao":"市场及组合操作回顾方面，三季度A股市场整体延续弱势，万得全A下跌4.33%。顺周期板块获得较为显著的超额收益，而科技成长板块跌幅较大。分行业来看，涨幅靠前的行业为非银金融、煤炭、石油石化、钢铁、银行；跌幅靠前的行业是电力设备新能源、传媒、计算机、通讯和国防军工。组合操作方面，一是在政治局会议定调稳增长背景下，陆续进行了加仓，但绝对仓位仍然在偏低水平。二是在评估各行业周期位置、估值匹配的基础上，加大了顺周期板块的配置，减少了估值相对较高的成长板块的配置。　　市场展望及操作计划方面，我们延续以行业配置为切入点，自上而下和自下而上相结合的思路进行组合配置，以周期思维配置行业，以终局思维优选个股，以宏观视角控制风险。首先，当前影响市场的核心矛盾仍在于国内经济增长预期。考虑到一是当前市场估值已经调整到中低水平，对经济增长预期已经较为悲观，二是三季度以来，稳增长政策持续落地，经济增长呈现修复迹象，预计后续政策将有进一步加码，增长仍有进一步修复的空间，因此我们认为市场下行风险可控，经济增长向上的定价并不充分，顺周期板块仍有修复空间。其次，从行业所处周期位置的角度，我们相对看好处于相对底部的金融、医药、电力等行业的向上修复以及周期可维持、估值偏低的部分材料能源行业。最后，在我们看好的行业中，将进一步精选个股。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.409Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2023年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=993486","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b288","date":"2023-06-29T16:00:00.000Z","stockId":3000000002594,"sao":"2023年上半年，受国内经济增长修复不及预期、海外流动性持续紧缩的影响，A股市场整体表现平淡。一方面，内需缺乏增长点，宏观数据走弱，消费、金融、基建地产等总量经济强相关的价值板块承压；另一方面，人工智能技术不断迭代支撑TMT成长板块走强。期间基金净值小幅下跌。操作方面：一是跟随经济增长预期的波动，适度进行了仓位和板块择时。主要体现在二季度初降低了对经济增长相关度较强板块的暴露。二是持续挖掘具备中长期高成长、高盈利、估值匹配的行业和个股长期持有。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.407Z","mo":"预计下半年A股市场仍以结构性行情为主导，下行风险相对可控。基本面上，国内经济内生动能仍弱，但随着中国经济逐步修复，本轮企业盈利下行周期有望见到拐点。估值面上，当前A股主要宽基指数估值处于历史偏低水平。与此同时，考虑到货币政策大概率仍将维持偏宽松的政策取向，同时海外流动性收紧压力也将逐步缓解，这对市场估值有正面支撑。行业配置方面，一是顺应人工智能与数字经济发展的成长领域相关行业仍有望成为下半年的交易主线。二是在经济基本面走弱情形下，市场博弈政策发力稳增长，地产相关的大金融及地产链、消费医药等板块仍有估值修复的空间。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=957017","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b287","date":"2023-03-30T16:00:00.000Z","stockId":3000000002594,"sao":"2023年一季度，在国内经济持续修复、流动性维持宽松、全球流动性紧缩状态边际缓解的背景下，A股主要市场指数普涨，其中上证指数、沪深300、中证500、创业板指涨幅分别为5.94%、4.63%、8.11%、2.25%。在市场指数普涨的背景下，不同风格和板块表现有所分化。一方面，国内经济增长在疫情管控放松、稳增长政策发力的支持下，向上修复方向确定，但修复弹性和空间略低于市场年初预期，经济相关的房地产、银行板块表现不佳；另一方面，全球流动性持续紧缩状态边际缓解、国内流动性宽松背景下，以ChatGPT为代表的人工智能产品开发进展迅速，政策支持数字经济，数字经济、AI板块交易热度持续提升。分行业来看，年初以来，中信一级行业中计算机、传媒、通信领涨，跌幅居前的行业为消费者服务、房地产、银行。　　我们认为当前宏观环境对股票市场仍偏正面，应寻找结构性机会。一方面，从需求拉动的角度我们仍然看好与经济增长修复相关的“大消费”板块，特别是在近期市场预期有所下调的时点；另一方面，考虑到全年经济增长仍为温和复苏，从产业发展的角度，受益于自主可控、技术进步的科技板块也具备投资机会。在基金操作上，我们围绕着经济增长复苏、产业发展两条主线进行配置。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.404Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2023年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=882250","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b286","date":"2022-12-30T16:00:00.000Z","stockId":3000000002594,"sao":"2022年权益市场表现较弱，经历过去三年上涨市场的调整年，全年经历了诸多不确定性的事件，例如地缘冲突，美元加息，疫情等，有些是长期影响，有些是短期影响，都一定程度造成2022年权益市场的波动。　　全年权益市场主线轮动较快，整体上游能源类表现好于中下游，四季度消费追赶上来。　　我们在2022年整年的投资中，充分认识了市场的波动风险，股票市场是个奖励乐观者的场所，我们认为股票的价值是可持续成长价值的折现，在投资过程中更关注股票的竞争力和长期价值。波动中用更低的价格持有优质资产并中长期持有是本基金一直以来投资收益来源的重要方式。　　本基金在2022年保持过去一贯的投资理念，调整策略适应环境变化，全年来看整体投资情况基本上和投资策略相符。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.401Z","mo":"展望2023年，海外主要经济体增长动能将进一步走弱，通胀下行方向确定但节奏仍存不确定性，海外流动性改善方向明确，美联储有望在年中时段停止加息。　　国内经济增长在疫情管控放松、稳增长政策发力的支持下，向上修复方向较为确定。我们预计2023年通胀水平整体较为温和，关注下半年核心通胀上行幅度。政策着力“稳增长、稳预期、稳信心”，扩大内需是主要抓手，供给侧政策协同发力。　　展望2023年，我们认为A股机会大于风险。一是，盈利面上，随着中国经济逐步修复，本轮企业盈利下行周期有望见到拐点，预计全年盈利增速有望录得中个位数增长。二是，估值面上，静态来看，当前A股主要宽基指数估值处于历史偏低水平。与此同时，考虑到明年货币政策大概率仍将维持偏宽松的政策取向，同时海外流动性收紧压力也将逐步缓解，这对市场估值有正面支撑。　　展望2023年，投资更注重公司质量，更关注长期竞争力和发展，围绕经济复苏主线展开，寻找代表未来经济潜力发展和充分受益复苏的资产做投资。中长期围绕消费升级和产业升级方向，寻找估值相对合理、竞争力突出，持续创造价值的一类公司。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=865077","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b285","date":"2022-09-29T16:00:00.000Z","stockId":3000000002594,"sao":"2022年三季度，随着稳增长措施的推出以及疫情季度初缓解后经济部门恢复，整体经济出现触底回升态势。但受地产和疫情的干扰三季度经济复苏的强度变弱，叠加海外加息等措施抑制需求压低通胀的影响，导致市场担忧出口压力。市场走出倒“V”的走势。行业表现方面，受益海外通胀的能源价格的相关行业表现强势，预期地产集中度提升的相关龙头公司表现较好，其他对需求担忧的资产出现不同程度调整。  当前市场位置接近二季度低点位置，估值角度看也处在相对低位，市场的核心矛盾还是围绕海外加息抑制需求的担忧，以及地缘冲突带来的供应链干扰，情绪相对悲观。  本基金操作上一贯秉持优中选优这一原则，坚信A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，这些公司主要集中诞生在产业升级与消费升级的大方向里。操作上本基金三季度主要增持周期向上新能源类、中期受益经济复苏的消费类资产，减持了部分海外加息、对需求较为敏感的资产。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.398Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2022年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=808793","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b284","date":"2022-06-29T16:00:00.000Z","stockId":3000000002594,"sao":"2022年二季度，随着稳增长措施的推出以及疫情缓解后经济部门恢复，整体经济出现触底回升态势。代表经济体量较大的行业都出现不同程度的复苏，以地产、汽车、基建投资为例，均处于修复上升趋势。  2022年二季度整体权益市场指数处于修复通道中，代表高景气的行业表现突出，包括新能源（车、光伏、风电）、军工等产业链；其次受供需缺口影响，资源价格高企，上游资产表现突出；代表弱复苏的消费资产也得到一定程度的修复。  基金操作上一贯秉持优中选优的原则，坚信A股市场长期存在获得超额收益和绝对收益的结构性机会。我们重点关注结构性盈利趋势向好行业中的优质公司，这些公司主要集中产生在产业升级与消费升级的大方向中。操作上本基金二季度主要增持新能源类、军工类资产，减持周期下行压力大的硬科技资产以及医药相关类资产。","declarationDate":"2022-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.396Z","mo":"展望2022年下半年，A股企业盈利处于修复周期中，宏观角度看，中美货币政策反向周期运行，国内处于货币宽松周期，而海外则处于加息周期中，外需面临一定的压力。  权益市场在稳增长的政策环境中，企业盈利有望修复，但受海外经济压力影响，以及面临上游价格高企的环境，企业盈利大幅修复的概率较低，所以估值大幅扩张的概率有所降低，整体或将延续结构性机会为主。  结合宏观、产业趋势、流动性以及估值多维度来看，我们认为，权益市场依然延续结构性机会。2022年短期来看，投资将主要围绕稳增长大背景下的资产重估，但需警惕行业或者个股上涨的空间变小，以及长期竞争力削弱的低估值陷阱；中长期还是围绕消费升级和产业升级方向，寻找估值合理、竞争力突出、持续创造价值的公司。我们相对看好产业升级（汽车产业智能化、产业数字化、高端装备等）与消费升级相对应的板块。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=784498","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b283","date":"2022-03-30T16:00:00.000Z","stockId":3000000002594,"sao":"2022年一季度，随着2021年下半年经济压力增大，尤其地产下行态势明显，受疫情干扰消费压力加大；其次受外围地缘事件冲击，全球大宗商品价格高位，国内能源价格也处于高位。  稳增长政策托底经济增长态度明确，稳增长发力的节奏、力度和效果仍面临一定的挑战，通胀面临上行压力，但总体可控。货币政策维持宽松取向，货币政策以我为主，汇率是应对海外货币政策调整的首选工具。积极的财政政策存在发力空间，基建制约因素在于缺项目和严控地方政府隐性债务等。  2022年一季度整体市场处于单边市场释放风险阶段，结构上符合稳增长、低估值资产表现较好，以房地产、基建为主。其次受经济压力、外围加息等因素影响，成长类资产调整较大。组合操作适当降低组合弹性，选股上更注重估值和质地，做到更长视角持有的原则，对于认为具备长期竞争力的资产，逐步布局。目前来看，整体A股市场增量资金边际过去两年变弱，估值扩张难度较大。组合操作增持受疫情影响估值合理的消费类资产，估值相对合理产业链利润重新分配的竞争力电池类企业，以及代表数字经济类资产。组合随着经济的企稳，市场可能迎来修复机会。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.393Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2022年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=726936","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b282","date":"2021-12-30T16:00:00.000Z","stockId":3000000002594,"sao":"2021年权益市场波澜壮阔，随着人们对疫情的逐步认知，疫苗研发的成功以及接种，全球经济活动重新回到正轨中，但供给端的冲击导致全球资源价格波动较大。  2021年整体权益市场指数处于震荡中，贯穿全年的景气行业新能源产业链表现突出，其次受供需缺口资源价格高企，上游资产表现好于中下游，整体消费承压相应资产也表现靠后。  我们不可否认疫情对很多行业及生活方式产生了很大影响，相关行业的短期业绩受到较大挑战，我们认为股票的价值是个可持续成长价值的折现，短期的成长受损不改变企业的长期逻辑。  基金操作上我们一贯秉持优中选优这一原则，坚信A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，这些公司主要集中诞生在产业升级与消费升级的大方向里。本基金保持一贯的投资理念和策略。","declarationDate":"2022-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.390Z","mo":"展望2022年，全部A股企业盈利承压；流动性角度看，中美货币逆向周期，国内处于货币边际宽松周期。  权益市场在稳增长的政策环境中，企业盈利承压，估值大幅扩张的概率在降低，整体延续结构性机会为主。  结合宏观、产业趋势、流动性以及估值多维度来看，我们认为权益市场依然延续结构性机会，2022年短期来看，投资机会主要围绕稳增长大背景下的资产重估，但需警惕行业或者个股的空间变小，长期竞争力削弱的低估值陷阱，中长期投资机会还是围绕消费升级和产业升级方向，寻找估值合理、竞争力突出，持续创造价值的一类公司。我们相对看好产业升级（创新药产业链、汽车产业智能化、产业数字化、高端装备等）与消费升级相对应的板块。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2021年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=709928","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b281","date":"2021-09-29T16:00:00.000Z","stockId":3000000002594,"sao":"2021年三季度，股票市场结构性表现突出，上游价格涨幅较大，对应的煤炭、电力、钢铁、化工涨幅靠前，受制上游压力，中下游盈利承压表现靠后。整体市场较为活跃，结构性行情为主。  我们坚信A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，这些公司主要集中诞生在产业升级与消费升级的大方向里。本基金保持一贯的投资理念和策略，三季度主要持仓以食品饮料、医药、科技等细分行业为主。","declarationDate":"2021-10-26T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.388Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2021年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=655929","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b280","date":"2021-06-29T16:00:00.000Z","stockId":3000000002594,"sao":"2021年上半年，整体股票走出“V”型，主要受到美债利率波动，全球对通胀预期抬升造成估值压缩，股价波动较大。二季度表现较为突出的集中在景气赛道，例如创新药、半导体、新能源等相关个股。整体市场较为活跃，结构性行情为主。  我们坚信A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，这些公司主要集中诞生在产业升级与消费升级的大方向里。本基金保持一贯的投资理念和策略，二季度主要持仓以食品饮料、医药、科技等细分行业为主。","declarationDate":"2021-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.385Z","mo":"展望2021年下半年，疫情的演变周期长短决定了全球宏观经济的走向，目前来看宏观经济仍然面临着不确定性，逆周期政策或将陆续出台对冲下行的压力。  流动性方面，当前经济增长具有下行压力，货币政策偏向稳健中性。预计货币政策都或将处于较为积极的态势。通胀方面，预计2021年下半年通胀压力变弱。   因此，总体来看，我们认为，2021年下半年A股市场处于流动性宽松、经济偏弱的环境下，是权益市场相对友好的环境，叠加房地产的调控导致居民资产的再分配、政策上鼓励权益市场的发展，所以相对看好权益市场的表现。  我们尤其关注结构性盈利趋势向好行业中的优质公司，相对看好产业升级（创新药产业链、云计算产业链、新能源产业链、金融科技等）与消费升级相对应的板块。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2021年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=630775","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b27f","stockId":3000000002594,"sao":"回顾2021年一季度，经济在复苏趋势通道中，但股票市场受外围利率影响以及局部估值偏高的现状下，波动加大。  A股市场中受益于经济复苏和稳健低估值板块表现突出，金融、电力、钢铁、煤炭、化工等行业涨幅靠前，前期涨幅过大且估值处于偏高位置的光伏、新能源汽车、食品饮料、医药、军工等调整较多，宏观经济处于内外需同步向上通道中，企业盈利复苏叠加流动性边际紧的组合背景下，股票市场估值弹性降低，企业盈利变为主要核心矛盾。    但我们认为经济处于全年高位，下半年有下行的压力，全年货币政策处于后疫情的常态下，逐步慢慢退出宽松，我们相对长期看好成长股的表现，疫情对很多行业或者企业影响深远，优质公司在外部推动力下主动优化行业格局，中长期该部分企业的盈利能力提升成为可能。  A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，它们主要集中诞生在产业升级与消费升级的大方向里。本基金在一季度减持了汽车、传媒、持仓以食品饮料、医药、传媒、科技细分领域相关个个股。","date":"2021-03-30T16:00:00.000Z","declarationDate":"2021-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.382Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2021年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=568985","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b27e","stockId":3000000002594,"sao":"2020年权益市场波澜壮阔，随着人们对疫情的逐步认知，在全球各国努力下，疫苗研发的成功，经济活动将重新回到正轨，可谓充满不平凡的一年。  2020年上半年，整体股票走出“V”型反转行情，得益于全球逆周期调整政策及时出台，再叠加国内控制较好，经济活动恢复超预期。表现较为突出的受益疫情的医药行业和自主权更大的内需的板块。  2020年下半年，整体股票市场围绕经济复苏，中国作为全球工厂的主线展开，顺周期表现较为突出；其次是全球加强绿色发展的理念，推出一系列的刺激政策，相对应的新能源板块表现亮眼。  我们不可否认疫情对很多行业及生活方式产生了很大影响，相关行业的短期业绩受到较大挑战，但我们观察到很多细分行业的头部公司抵抗风险能力要远远高于小公司，在疫情外部推动力下反而优化了行业格局，从中长期看该部分企业的盈利能力提升成为可能。股票市场是个奖励乐观者的场所，我们认为股票的价值是个可持续成长价值的折现，短期的成长受损不改变企业的长期逻辑，对股价的影响就有限。  基金操作上一贯秉持优中选优这一原则，坚信A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，这些公司主要集中诞生在产业升级与消费升级的大方向里。本基金保持一贯的投资理念和策略，2020年绝对和超额收益都取得相对满意的结果。","date":"2020-12-30T16:00:00.000Z","declarationDate":"2021-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.372Z","mo":"展望2021年，受到疫苗接种的推进，预期全球经贸活动将重新回到正轨，企业盈利将进入复苏周期中；流动性角度看，全球货币政策边际宽松趋缓，并且还得警惕宽松货币环境下的再通胀风险。  权益市场估值继续扩张的概率在降低，企业盈利处于向上的修复通道，这种背景下寻找到新的平衡。  结合宏观、产业趋势、流动性以及估值多维度来看，我们认为权益市场依然延续存在结构性机会，2021年主要围绕两条投资主线，一方面我们关注经济复苏对应的传统资产重估，但需警惕行业或者个股的空间变小，长期竞争力削弱的低估值陷阱，另一方面还是围绕产业趋势，消费升级和产业升级的大背景下，寻找估值相对合理、竞争力较为突出、有望持续创造价值的一类公司。我们相对看好产业升级（创新药产业链、云计算产业链、新能源产业链、金融科技、高端装备等）与消费升级相对应的板块。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2020年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=551572","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b27d","stockId":3000000002594,"sao":"回顾2020年三季度，A股在疫情有效控制下以及国内出台的逆周期调节政策影响下，权益指数表现良好，A股市场中受益全球新能源需求爆发催化下的光伏、风电、新能源汽车相关个股表现突出；线下消费逐步恢复带来的内需板块反弹较大，代表性汽车与食品饮料板块，以及细分受益经济修复的周期成长龙头个股涨幅靠前。  不可否认疫情对很多行业及生活方式产生了很大影响，相关行业的短期业绩受到较大挑战，但我们观察到很多细分行业的头部公司抵抗风险能力要远远高于小公司，在疫情外部推动力下起到了行业格局的优化作用，中长期看该部分企业的盈利能力提升成为可能。股票的价值是个可持续成长价值的折现，短期的成长影响不改变企业的长期逻辑，对股价的影响有限。  基金操作上一贯契合“优质精选”这一原则，A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，它们主要集中诞生在产业升级与消费升级的大方向里。本基金在三季度增持了工程机械、传媒（广告），减持银行、计算机，持仓食品饮料、医药、传媒、科技细分领域相关个股。","date":"2020-09-29T16:00:00.000Z","declarationDate":"2020-10-26T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.369Z","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2020年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=488562","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6957fea5b3eb045b27c","stockId":3000000002594,"sao":"回顾2020年上半年度，A股在疫情的冲击以及国内出台的逆周期调节政策影响下走出一段“V”型反转行情。一季度在疫情的冲击下，大部分行业受到重大影响，导致短期盈利受损。宏观经济下行压力较大，类似消费服务类的线下经济活动、制造业等几乎处于停摆状态，权益市场下跌较大，和经济总量相关度较高的行业比如石化、银行、交运，煤炭、钢铁、家电等跌幅靠前，仅有少部分受益于疫情的医药（检测、手套、器械等）、线上化方式（游戏、云等）、处于自己周期的养殖表现突出。  二季度虽国内疫情得到良好控制，但海外疫情持续爆发，市场对海外需求表现出担忧，进而将焦点转移到自主权更大的内需板块。再者全球政府相应出台更多的刺激政策，全球股票市场出现大幅反弹，以美股最为突出。A股市场中受益疫情的医药生物表现突出，线下消费逐步恢复带来的内需板块反弹较大，以及细分受益海南政策的免税行业涨幅靠前。  不可否认疫情对很多行业及生活方式产生了很大影响，相关行业的短期业绩受到较大挑战，但我们观察到很多细分行业的头部公司抵抗风险能力要远远高于小公司，在疫情外部推动力下起到了行业格局的优化，中长期看该部分企业的盈利能力提升成为可能。股票的价值是个可持续成长价值的折现，短期的成长影响不改变企业的长期逻辑，对股价的影响有限。  A股市场长期存在获得超额收益和绝对收益的结构性机会。我们尤其关注结构性盈利趋势向好行业中的优质公司，它们主要集中诞生在产业升级与消费升级的大方向里。本基金在二季度增持了食品饮料、医药、计算机，减持了家电，持仓以食品饮料、医药、传媒、计算机等行业为主。","date":"2020-06-29T16:00:00.000Z","declarationDate":"2020-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:41.366Z","mo":"展望2020年下半年，受到新型冠状病毒疫情的影响，导致全球经贸活动下降、人员流动变缓，因此疫情的演变周期长短决定了全球宏观经济的走向，目前来看宏观经济仍然面临着不确定性，相对正面的是全球正在适应疫情对经济、民生等各个环节的冲击，各国政府都及时推出刺激政策，全球流动性处于宽松周期。以美国经济为例，从经济低谷中逐步复苏。国内可能在“确保经济实现量的合理增长和质的稳步提升，确保全面建成小康社会”的目标下，逆周期政策或将陆续出台对冲下行的压力。  流动性方面，当前经济增长压力较大，货币政策偏向于宽松。尤其在全球央行货币政策维持宽松的大背景下，从全年的维度看，预计货币政策和财政政策都将处于较为积极的态势。通胀方面，2020年下半年通胀压力较小，稍微长期点需要观察流动性宽松下的再通胀风险。  因此，总体来看，我们认为，2020年下半年A股市场处于流动性宽松、经济偏弱的环境下，是权益市场相对友好的环境，叠加房地产的调控导致居民资产的再分配、政策上鼓励权益市场的发展，所以相对看好权益市场的表现。  大部分行业受益疫情的影响，主要体现在上半年。但长期来看，疫情的冲击不改变优质公司发展的中长期逻辑，甚至在疫情和经济的不确定性下加速行业出清。我们尤其关注结构性盈利趋势向好行业中的优质公司，相对看好产业升级（创新药产业链、云计算产业链、新能源产业链、金融科技等）与消费升级（白酒、饮料食品、游戏等）相对应的板块。","fund":{"_id":3000000002594,"stockCode":"002594","stockType":"fund","areaCode":"cn","followedNum":7,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-09-20T16:00:00.000Z","setUpScale":250904000,"market":"a","tickerId":2594,"custody":"中国民生银行股份有限公司","name":"工银瑞信现代服务业灵活配置混合型证券投资基金","shortName":"工银现代服务业混合(002594)","fundSecondLevel":"hybrid","__csrcFundId":889,"fundStatus":"normal","lastUpdated":"2026-04-30T18:32:48.426Z","masterFundFlag":1,"inceptionDate":"2016-10-26T16:00:00.000Z","fundCollectionId":4000050470000,"currency":"CNY","masterFundShortName":"工银现代服务业混合","pinyin":"gyrxxdfwylhpzhhxzqtzjj","managers":[{"stockCode":"db20893426","stockType":"fund_manager","exchange":"fm","tickerId":1225235940,"name":"吕焱"}]},"announcement":{"linkText":"工银瑞信现代服务业灵活配置混合型证券投资基金2020年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=451868","linkType":"PDF","source":"csrc_pdf"}}]}