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报告期内，由于央行超预期降息打开债市上涨空间，从配置的角度本基金小幅增加了资产久期，但考虑到债券市场较长时间的上涨后尚未出现明显的风险释放，总体加仓幅度较低。9月份，本基金按合同约定终止并进入清算程序，所有持仓已全部卖出。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.862Z","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2023年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=991019","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920ba","date":"2023-06-29T16:00:00.000Z","stockId":3000000006203,"sao":"回顾2023年上半年，在疫后经济修复脉冲的带动下，一季度经济恢复较强，各类经济指标均出现明显修复，但随着修复脉冲过去，地产等高频经济数据转弱，市场对于经济转弱的预期不断加强，企业在弱预期下主动快速去库，导致2季度生产端的回落速度更快，整体经济增速明显弱于预期。2023年上半年债券市场表现较好，总体上呈现持续上涨的态势，除一月份在疫情逐步消退时期，收益率略有上行外，其余各月债券收益率以持续下行为主。二季度初，本基金根据各类数据综合预判，1季度经济数据存在较大超预期的可能，从规避风险角度，本基金降低了组合久期，同时降低了组合杠杆，虽然最终数据验证了1季度经济超预期的判断，但市场对于经济数据反应钝化，基金收益受到了一定影响。","declarationDate":"2023-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.859Z","mo":"展望2023年下半年，虽然市场对于经济的预期偏弱，但二季度经济低于预期有很大原因是企业在弱预期下主动快速去库导致的，而随着库存快速降低，企业继续主动快速去库的可能明显下降，去库对于经济的拖累将明显放缓，年内经济最弱（GDP两年复合增速视角）的时期大概率已经过去。且7月政治局会议对于逆周期调节更加积极，政策发力预计会有所加强，下半年经济预计总体平稳向好，居民收入预期也将大概率随之转稳，消费可能逐步好转。虽然地产可能有所放松，但大概率转稳，明显反弹的概率偏低，且出口压力也不容忽视，下半年经济回升的幅度预计不会很大。在上述经济预设下，货币政策预计以稳为主，债市并不存在很大风险，但当前收益率水平已较低，继续大幅下行需要经济再度转弱配合，下半年可能性偏低，债券收益率可能偏震荡为主，债市仍有波段机会可为。本基金下半年将在基金合同约定范围内根据市场变化情况动态调整持仓久期、持仓结构和组合杠杆，力争实现基金的稳健增值。","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=959413","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b9","date":"2023-03-30T16:00:00.000Z","stockId":3000000006203,"sao":"随着疫情的高峰期逐步走过，疫情对于经济的影响逐渐减弱，2023年1季度经济整体呈现逐步恢复趋势，但居民收入增速及消费信心的恢复需要时间，消费需求恢复总体偏弱，虽然投资韧性仍在，但总需求谈不上强劲，经济总体仍处于弱复苏状态。2023年1季度债券市场也跟随上述经济预期的波动而变化，1月份，随着疫情高峰逐步走过，市场对于经济的预期有所好转，债券市场走跌，但由于去年4季度债市整体跌幅较大，市场已提前体现了部分疫后经济走强的预期，因此1月份债市虽有下跌，但跌幅不大。此后，由于春节期间消费恢复力度不足，2月份后经济相关高频数据仍然不强，市场对于经济复苏强度的担忧上升，2、3月份债市震荡中小幅走强。报告期内，经济基本面呈现弱复苏状态，债券市场整体波动不大，本基金对于市场的观点也未有明显变化，因此本基金债券资产久期未做明显调整，整体变化不大。","declarationDate":"2023-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.857Z","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2023年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=888772","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b8","date":"2022-12-30T16:00:00.000Z","stockId":3000000006203,"sao":"回顾2022年，经济基本面在疫情扰动和房地产下行的拖累下，始终偏弱运行，疫情的直接冲击仍然较大。债券市场则在货币政策发力及疫情防控政策调整的影响下几经波折，但全年看利率债收益率变化不大，长端利率小幅上行，中短端利率小幅下行；而信用债收益率先下后上，全年看仍出现较大上行。2022年开年，在央行降息的带动下，债市收益率出现一轮较为快速的下行，随后转入总体震荡行情，长债收益率震荡中小幅上行，中短端及信用债利率在货币市场低利率的带动下，收益率震荡下行。8月超预期降息后，各期限、各种类债券收益率都创出新低，此后再度转入震荡行情。但随着11月疫情防控政策的明显调整，未来经济好转的强预期带动债市收益率快速上行，且幅度较大，其中信用债由于流动性偏差，收益率上行更明显。2022年，本基金在基金合同约定范围内，以利率债和银行债为主要投资方向，总体以偏防御的策略为主，阶段性通过久期策略、期限结构策略、利差策略增厚收益。","declarationDate":"2023-01-27T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.854Z","mo":"展望2023年，疫情防控转为常态化管理后，消费复苏确定性较高，但地产销售预计较2022年保持稳定，地产投资增速降幅虽然会逐步缩窄，但全年大概率仍是负增长，仍是经济的重要拖累项，叠加海外需求下滑，出口压力在22年4季度已开始较为明显的体现，预计23年仍将延续，2023年经济增速虽大概率较2022年有所改善，但预计复苏不会特别强劲。虽然CPI预计在消费的带动下有所回升，但回升幅度大概率不会引起货币政策收紧。全年看，债市在经济回升情境下存在一定压力，但考虑到货币政策收紧的概率较低，债市仍存在一定机会。本基金在2023年将在基金合同约定范围内根据市场变化情况动态调整持仓久期和持仓结构。","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":40000511600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 3季度纯债市场在经济总体偏弱、货币市场利率持续低位、房地产烂尾风波以及央行降低MLF利率等影响下，前半季度收益率持续走低。但随着降息后收益率的快速下行，后续收益率继续下行的空间明显缩窄，随后在地产政策频出，经济数据略超预期，季末货币市场利率走高等影响下，收益率持续回升。全季度看，债券收益率略有下降。  本基金考虑到降息后收益率继续下降空间明显缩窄，以及央行MLF降价但缩量的操作（预判大概率LPR利率下降，但货币市场利率向政策利率收敛，对债券市场不利），适当降低了纯债部分的债券久期，降低了部分收益回撤风险。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.851Z","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2022年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=807037","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b6","date":"2022-06-29T16:00:00.000Z","stockId":3000000006203,"sao":"回顾2022年上半年，经济压力尽显。首先是上半年全国疫情反复，生产及消费无法正常进行；其次地产投资和销售都出现比较大的衰退；最后外部环境压力增大，俄乌战争，美联储加息，全球通胀加剧。年初降息叠加投资者对经济的悲观预期，债券市场出现一波上涨，但接下来的社融数据和地产放松政策则逐步推高债券收益率。二月PMI公布进一步超预期，同时央行未进一步降准降息，市场开始出现比较大的回调。三月份深圳和长春一度封城，经济数据偏空，债市又开始新一轮博弈降息。四五月上海封城，经济活动受到很大影响。五月上海复工复产后，各种促销费促生产措施让经济压力有所缓解，地产销售环比出现了比较好的恢复，而出口增速反弹，短期内经济动能有所恢复。回顾2022年上半年，货币政策保持宽松以应对疫情冲击和经济低迷，期间资金价格长期在低位。回顾2022年上半年，债券收益率在低位震荡上行，期间长端收益率下行受到稳增长压制，本身收益率偏低吸引力不足，上行又被疫情和长时间的低资金价格牵制。2022年上半年本基金在基金合同约定范围内，以利率债和银行债为主要投资方向，降低信用风险，保持低杠杆操作。","declarationDate":"2022-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.849Z","mo":"往后看债市：经济在上海疫情后开始进入恢复期，但是奥密克戎病毒传染性强，反复传播概率大，现阶段防控政策下很难长期维持无疫情状态，经济很难恢复到去年的状态。猪肉近期价格上涨，大宗商品的通胀压力都会在2022年三季度逐步体现，三季度CPI存在一定压力。美国应对通胀不断加息，中美利差倒挂给货币政策带来压力。短期资金利率会朝着政策利率中枢靠近，不再会长期维持在极端低位。预计三季度债券收益率在区间内波动，投资应把握住经济复苏和疫情反复这两主线操作。本基金下半年将会在基金合同约定范围内根据市场变化情况调整持仓久期和持仓组合。","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=782726","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b5","date":"2022-03-30T16:00:00.000Z","stockId":3000000006203,"sao":"回顾2022年一季度市场主要关注境内境外两个方面。境内方面，市场关注稳增长和经济数据。年初降息叠加投资者对经济的悲观预期，债券市场出现一波上涨，但接下来的社融数据和地产放松政策则逐步推高债券收益率。2月PMI公布进一步超预期，同时央行未进一步降准降息，市场开始出现比较大的回调。三月份深圳和长春一度封城，经济数据偏空，债市又开始新一轮博弈降息。境外方面，主线是美国加息，叠加俄乌冲突，美债收益率持续上行，中美利差逐步缩小到历史低位。 回顾2022年一季度货币政策偏宽松，1月MLF和OMO均降息10BP。 回顾2022年一季度市场，国债收益率短端下行，长端上行；国开债收益率整体上行；信用债收益率整体上行，短端相对长端上行幅度较多。 本基金2022年一季度以利率债和银行债为主要投资方向，降低信用风险，产品一季度保持低杠杆操作。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.846Z","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2022年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=729481","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b4","date":"2021-12-30T16:00:00.000Z","stockId":3000000006203,"sao":"回顾2021年，国内经济整体走弱，这有多方面原因，其中包含基数，人口，供需，疫情等因素。上半年国内经济数据曾一度出现反弹， 但下半年以来， 在地产下滑和疫情频发的双重打击下，生产和消费都出现比较明显的下滑。下半年国内经济数据也印证这一点。地产方面，恒大违约给地产行业带来出清的趋势。民企地产公司因为融资受压而连续违约，这让地产行业迅速从过热转入过冷。整个地产产业链也都受到影响。因此，中央经济工作会议已经将稳增长作为首要目标，对应的政策也开始逐步出台。 债券市场在去年宽松及经济下行环境中震荡走强，长端债券收益率创年内新低。 本基金年中因基金规模有所减少，策略有所调整，以利率债为主要投资方向。","declarationDate":"2022-01-23T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.844Z","mo":"展望2022年，GDP三驾马车中，投资受到地产影响将会走弱。明年稳增长预计会压倒控风险，从而财政政策将会进一步发力。而加大财政支出势必会带来基建的再一轮发力。与之对应，货币政策也会加大投放，做好逆周期调节。 债券市场展望：货币政策配合财政发力会出现比较宽松的局面，但是明年美联储加息及政府债发行加量也会带来不确定因素，预计全年债市会先涨后跌。 本基金将根据市场变化动态调整产品杠杆和债券久期。","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2021年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=711743","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b3","date":"2021-09-29T16:00:00.000Z","stockId":3000000006203,"sao":"回顾2021年三季度，经济数据连续两月持续下滑。究其原因，短期有疫情因素，但主要源于地产下行。三季度地产销售情况较弱，恒大出现违约风险后，各民营地产企业投资拿地意愿骤减。制造业投资增速也开始回落，而基建投资8月增速开始回升，政府希望通过基建对冲地产的下行风险。受制于疫情，经济和物价等因素，消费增速也大幅下滑。7月出乎意料的降准引领收益率出现一波下行。但后期市场受到利率债供给影响和美国taper加速等影响，收益率出现了一定的回调。 本基金在三季度中等杠杆操作，以利率债和银行类债券为主要投资方向。","declarationDate":"2021-10-26T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.841Z","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2021年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=657718","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b2","date":"2021-06-29T16:00:00.000Z","stockId":3000000006203,"sao":"回顾2021年上半年，一季度境内外疫苗全面开始接种，全球经济延续复苏趋势，大宗商品走势强劲。国内供给端和出口趋势良好，而需求则还没有明显提升。核心CPI触底回升和PPI持续向好，一度引发了市场的担忧，但CPI同比基数不高，不是这期间主要矛盾。二季度，利率市场在经济复苏背景下，收益率仍然缓慢下行。究其原因，这还是利率债供给偏慢，主流机构欠配和流动性充裕造成的，虽然通胀依然温和上行。同时信用债收益率整体下行，部分低等级城投品种也出现下行。这反应流动性充裕情况下，机构开始通过下沉风险偏好寻求收益。而流动性宽松是贯穿上半年季度市场的主脉络。 本基金在上半年维持中等久期的策略，以利率债和银行债为主要投资方向。","declarationDate":"2021-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.839Z","mo":"展望2021年下半年，经济走势依然很难看清。地产、基建明显往下走，而出口则是主要变量，国内通胀虽然仍然维持温和上涨，需求则有下滑风险。大宗商品在政府干预下料价格将回落，经济基本面总体来看对债市利空因素不多。从利率债供给看，下半年供给应该会有所回升，这将对债券上涨带来负面效用。境外因素也是下半年主要变量，美联储退出QE逐步提上日程，虽然加息料不会在年内实施，但预期依然会对收益率带影响。信用债角度来看，信用利差均下行至历史低位，投资空间有限，静待市场调整后再进行配置。 本基金将调整债券的持仓结构，以银行债和利率债为主要投资方向。","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2021年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=635621","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b1","stockId":3000000006203,"sao":"回顾2021年一季度，境内外疫苗全面开始接种，全球经济延续复苏趋势，大宗商品走势强劲。国内供给端和出口趋势良好，而需求则还没有明显提升。核心CPI触底回升和PPI持续向好，一度引发了市场的担忧，但CPI同比基数不高，目前不是主要矛盾。猪周期下行背景下，通胀预期会比较温和上升，央行预计会根据通胀数据相机而动。回顾一季度货币政策，央行除了1月底防止股市和房市过热收紧了流动性外，其他时间都维持流动性的合理宽裕。货币政策中性继续为主要方向，货币政策预计将保持流动性合理宽裕，努力服务实体经济。本基金在一季度维持中长久期的策略，通过持有银行类信用债获取底仓票息收益，再辅以利率债和存单的波段交易操作。","date":"2021-03-30T16:00:00.000Z","declarationDate":"2021-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.836Z","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2021年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=573490","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920b0","stockId":3000000006203,"sao":"回顾2020年，一季度经济集中反映疫情冲击，多项生产经济数据创新低。二季度，国内经济继续缓慢复苏，而海外市场出现比较严重的疫情，国内的投资和出口都表现突出。三季度，经济延续了复苏，地产投资保持了韧性，出口继续强劲，而消费也在逐步恢复，海外疫情则继续恶化。四季度，经济延续了上季度的复苏，地产三条红线政策出台，出口增速有所回落；而永煤无预期性违约，这导致债券市场比较震荡，同时存单价格也到了高位，央行加大了投放力度平抑市场恐慌情绪。债券市场全年震荡，呈现N型走势，主要受上述经济基本面，货币政策及利率债供给的影响。本基金2020年维持中短久期的策略，通过分散化持有高评级信用债获取底仓票息收益，再适度增加了中长久期利率债的交易操作，以实现增厚基金收益的目标。","date":"2020-12-30T16:00:00.000Z","declarationDate":"2021-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.833Z","mo":"展望2021年，GDP三驾马车中，投资受到地产和基建影响将会走弱，而出口则因防疫物资需求下降而不确定，消费将会变成经济动能增量的来源。在经济发展还存在变数时期，政策退出会坚持“不急转弯”，财政政策更注重结构调整，货币政策侧重防风险。货币政策上央行可能还是维持紧平衡状态，防止杠杆过高及套利情况重现。2021年，产品会根据市场变化调整持仓债券结构和久期。","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2020年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=560743","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920af","stockId":3000000006203,"sao":"回顾三季度，海外疫情再次反弹，疫苗进展还是没到达实用阶段。国内经济二季度以来经济延续修复趋势，主要受地产和基建投资支撑，各项经济数据均超出预期。但地产投资三条红线等政策调控下，地产拉动作用会削弱，后续投资增速预计会出现下行。而消费增速有所提升，出口情况依然在抗疫产品等因素下保持良好趋势。回顾三季度货币政策，最新一轮国常会要求保持稳健的货币政策灵活适度，较此前表述更加谨慎。社会融资规模增长较快，央行货币政策更偏向紧缩，多场合提出结构化货币政策支持经济。同时结构性存款规模压缩，这引发存单价格大幅度上涨。整个货币流动性三季度处于偏紧的状态，同时季末国庆长假期引发机构资金恐慌，资金价格居高不下。债券市场三季度债市震荡下跌行情，收益率持续上行。本基金在三季度维持中短久期的策略，通过分散化持有高评级商业银行债获取底仓票息收益，增加了短久期利率债和存单的持仓，以实现增厚基金收益的目标。","date":"2020-09-29T16:00:00.000Z","declarationDate":"2020-10-27T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.830Z","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2020年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=494645","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9747fea5b3eb04920ae","stockId":3000000006203,"sao":"回顾上半年，一季度宏观数据集中反映疫情冲击，多项数据录得历史最低。一季度生产经营活动受疫情影响显著，供给和需求两方面受到冲击，多数宏观数据低于市场预期。二季度，国内经济继续缓慢复苏。恢复过程中，投资的恢复快于消费，其中基建和地产尤其突出，带动作用明显。消费则恢复较慢，疫情积压的刚需类消费恢复较好。但5月份经济恢复减速，市场对经济反弹速度的预期将下调。货币政策方面，央行上半年通过定向降准，再贷款再贴现投放等手段继续支持经济复苏。但随着监管和舆论对套利的担忧，监管层开始整治套利行为，同时资金面回归适度状态。货币政策先松后紧，市场利率先降后升。债券市场上半年债市走出深V行情，利率债全期限先牛后熊，国债和国开债短端回调幅度大于中长端，期限利差缩小。本基金在二季度维持中短久期的策略，通过分散化持有高评级商业银行债获取底仓票息收益，再辅以灵活使用杠杆的中长久期利率债的波段交易操作，以实现增厚基金收益的目标。","date":"2020-06-29T16:00:00.000Z","declarationDate":"2020-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:21:56.827Z","mo":"展望下半年，货币政策上央行公开市场操作仍然会偏谨慎，防止套利情况再现。在没有特殊情况下，资金利率中枢将很难下行到低位。同时监管部门已经明确会适时退出刺激政策，未来还需进一步关注疫情进展。经济上，反弹速度放缓，经济持续性存疑，后续若经济增速放缓，可能出现交易性机会。本基金下半年将会继续维持中短久期策略，持有商业银行债券及金融租赁债作为底仓，以中长期利率债作为交易工具，谨慎参与利率交易。","fund":{"_id":3000000006203,"__csrcFundId":5548,"stockCode":"006203","shortName":"前海联合泳祺纯债A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":6203,"masterFundFlag":1,"lastUpdated":"2023-12-15T17:21:00.477Z","status":"normal","inceptionDate":"2018-09-05T16:00:00.000Z","name":"新疆前海联合泳祺纯债债券型证券投资基金A类","exchange":"jj","followedNum":0,"fundCollectionId":4000051160000,"currency":"CNY","masterFundShortName":"前海联合泳祺纯债","delistedDate":"2023-09-12T16:00:00.000Z"},"announcement":{"linkText":"新疆前海联合泳祺纯债债券型证券投资基金2020年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=460366","linkType":"PDF","source":"csrc_pdf"}}]}