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","managers":[{"stockCode":"db20557655","stockType":"fund_manager","exchange":"fm","tickerId":262412172210,"name":"张晓龙"}]},"announcement":{"linkText":"宏利泰和平衡养老目标三年持有期混合型基金中基金(FOF)2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1348720","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9957fea5b3eb0494460","date":"2025-03-30T16:00:00.000Z","stockId":3000000006306,"sao":"1季度国内宏观基本面变化不大，延续底部企稳的趋势，但结构上有所分化，房地产市场明显企稳，表现为二手房价格和成交的止跌回升，生产端和制造业景气回升，受关税影响，出口则有所回落，物价指数依然低迷；1季度资本市场股强债弱，宽松货币政策预期落空，债券持续回调，10年国债利率最高回升至1.9%；受AI及机器人等产业催化，股市走出趋势性行情，其中以TMT为代表的成长板块明显占优，成交量维持高位，小盘风格持续跑赢，以恒生科技为代表的中国科技资产迎来重估。　　海外市场交易逻辑有所逆转，特朗普上台后先后落地此前承诺的关税及财政支出缩减政策，市场对美国宏观前景从去年软着陆预期逐渐向滞胀或衰退预期转变，美股震荡后回落，纳指最大回撤超10%，美债利率震荡下行，十年美债利率由4.9%回落至接近4%；受益于全球宏观环境不确定性抬升，黄金价格持续上行创新高。　　产品维持了一贯的资产配置定位，在大类配置方面，产品以国内债基为主，同时配置了部分以绝对收益为目标的、含转债策略的一级债基；此外在权益市场方面，国内市场以主动管理的绩优产品为底仓，同时采用配置了部分高股息和成长类策略；海外市场以美国科技股、香港高股息策略为主。另外，基于大类资产中长期视角研判，产品配置了部分黄金资产，分散风险组合波动的同时，提升了组合的收益性价比。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:22:29.674Z","fund":{"_id":3000000006306,"stockCode":"006306","stockType":"fund","areaCode":"cn","followedNum":3,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2018-09-09T16:00:00.000Z","setUpScale":229470000,"market":"a","tickerId":6306,"name":"宏利泰和平衡养老目标三年持有期混合型基金中基金(FOF)","shortName":"宏利泰和平衡养老目标三年持有混合(FOF) 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","managers":[{"stockCode":"db20557655","stockType":"fund_manager","exchange":"fm","tickerId":262412172210,"name":"张晓龙"}]},"announcement":{"linkText":"宏利泰和平衡养老目标三年持有期混合型基金中基金(FOF)2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1152771","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec9957fea5b3eb049445c","date":"2024-03-30T16:00:00.000Z","stockId":3000000006306,"sao":"2024年的一季度，有点出乎大家意料，不仅是权益，还有债券。权益方面过去1年走势较强的小盘股策略开始崩塌，一周跌去了过去3年的收益，红利策略相对坚挺，不过部分行业如煤炭等的拥挤度也开始上升；随后伴随救市政策的出台、长线资金借道ETF入市，市场开始快速反弹，大盘价值类基金开始收复失地并创出阶段性新高的位置，小盘基金仍然还在修复中。债券市场相对出人意料，国债利率在低位持续不断突破关键点位，美债利率在高位不断向上突破并震荡，分别演绎了极为极致的市场行情。　　本基金在一季度在资产配置方面保持了相对均衡的策略，权益内部以全市场型基金为主，从风险分散的角度配置了部分小市值风格和红利风格的资产，在本轮的市场震荡中起到了一定的对冲作用。同时基于全球的库存周期共振的判断，产品也配置了美股、港股等资产，有效保护了产品的阶段性回撤。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:22:29.658Z","fund":{"_id":3000000006306,"stockCode":"006306","stockType":"fund","areaCode":"cn","followedNum":3,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2018-09-09T16:00:00.000Z","setUpScale":229470000,"market":"a","tickerId":6306,"name":"宏利泰和平衡养老目标三年持有期混合型基金中基金(FOF)","shortName":"宏利泰和平衡养老目标三年持有混合(FOF) 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