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的全新阶段。在这个阶段，投资者需要在政策的韧性和产业的裂变中挖掘结构红利。市场的核心矛盾将从预期博弈转向基本面验证，因此，我们需要以产业周期的视角来布局那些供给端深度重构的细分领域，这样才能在新的市场生态中捕获超额收益。投资机会上关注供给出清与新兴产业双轮动，但不是所有的成长都能买，不是所有的外需都要卖，不是所有的红利都要拿。科技成长和高端制造是未来中长期配置的主要方向，但在中观层面还需要考虑择时的机会。当市场预期较高时，要多思考其中的不确定性；而当市场预期较为谨慎时，我们不妨更积极些。本基金将积极应对各种因素对指数跟踪效果带来的冲击，努力将跟踪误差控制在基金合同规定的范围内，力争使投资者充分获得指数的长期收益。","fund":{"_id":3000000006743,"stockCode":"006743","stockType":"fund","areaCode":"cn","followedNum":3,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":"stock","ipoDate":"2018-12-23T16:00:00.000Z","setUpScale":907008000,"market":"a","tickerId":6743,"custody":"中国银行股份有限公司","name":"国联央视财经50交易型开放式指数证券投资基金联接基金","shortName":"国联央视财经50ETF联接A","fundSecondLevel":"company","lastUpdated":"2026-04-17T17:12:44.883Z","__csrcFundId":6045,"fundStatus":"normal","masterFundFlag":1,"inceptionDate":"2019-03-19T16:00:00.000Z","fundCollectionId":4000050820000,"currency":"CNY","masterFundShortName":"国联央视财经50ETF联接","pinyin":"glyscj50jyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCni":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000399550,"managers":[{"stockCode":"8801617737","stockType":"fund_manager","exchange":"fm","tickerId":32425197430,"name":"陈薪羽"},{"stockCode":"db20918939","stockType":"fund_manager","exchange":"fm","tickerId":403237430,"name":"杜超"}]},"announcement":{"linkText":"国联央视财经50交易型开放式指数证券投资基金联接基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1246782","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aeca017fea5b3eb049b9c4","date":"2024-09-29T16:00:00.000Z","stockId":3000000006743,"sao":"2024年三季度，A股市场季末迎来反弹，央视财经50指数上涨14.31%，本基金为目标 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指数的投资工具。","date":"2020-06-29T16:00:00.000Z","declarationDate":"2020-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:24:17.693Z","mo":"今年上半年，新冠疫情带来了明显的通缩压力，受疫情防控措施的影响，国内经济供需两弱，生产者价格指数（PPI）、消费者价格指数（CPI）（剔除猪价影响）同比增长率显著下降，然而6月份以来，制造业采购经理指数（PMI）中的\"生产量\"和\"购进价格\"两个先行指标已经明显回升至扩张收缩临界点，预示着PPI的触底回升和通胀压力的抬头。展望下半年，中国经济已呈现出快速修复之势，投资率先发力，消费接续回升，疫情决定国内经济复苏的速度和节奏，疫苗的研发进度决定经济复苏的二次加速时点。货币政策方面，从今年一季度\"危机应对式的极度宽松\"转向了二季度的\"常态式宽松\"，下半年随着通胀和房价压力的抬头，或将转向\"有节制的宽松\"，央行会把更多的注意力放在社融高增长可能带来的副作用上。财政政策方面，当前财政支出进度相对缓慢，下半年财政支出力度有望明显提升。在项目储备数量增加，国内贷款和政府性基金明显扩张的双重利好下，基建增速将继续回升。权益方面，A股估值和风险偏好已有所修复，确定性溢价仍然存在，所以业绩高增长和短期确定性仍然是市场的主要偏好，增量资金的持续流入，使得市场流动性和风险偏好进一步提升，低估值板块补涨。本基金将积极应对各种因素对指数跟踪效果带来的冲击，努力将跟踪误差控制在基金合同规定的范围内，力争使投资者充分获得指数的长期收益。","fund":{"_id":3000000006743,"stockCode":"006743","stockType":"fund","areaCode":"cn","followedNum":3,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":"stock","ipoDate":"2018-12-23T16:00:00.000Z","setUpScale":907008000,"market":"a","tickerId":6743,"custody":"中国银行股份有限公司","name":"国联央视财经50交易型开放式指数证券投资基金联接基金","shortName":"国联央视财经50ETF联接A","fundSecondLevel":"company","lastUpdated":"2026-04-17T17:12:44.883Z","__csrcFundId":6045,"fundStatus":"normal","masterFundFlag":1,"inceptionDate":"2019-03-19T16:00:00.000Z","fundCollectionId":4000050820000,"currency":"CNY","masterFundShortName":"国联央视财经50ETF联接","pinyin":"glyscj50jyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCni":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000399550,"managers":[{"stockCode":"8801617737","stockType":"fund_manager","exchange":"fm","tickerId":32425197430,"name":"陈薪羽"},{"stockCode":"db20918939","stockType":"fund_manager","exchange":"fm","tickerId":403237430,"name":"杜超"}]},"announcement":{"linkText":"中融央视财经50交易型开放式指数证券投资基金联接基金2020年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=455471","linkType":"PDF","source":"csrc_pdf"}}]}