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披露，预计市场的关注度会从当前火热的TMT板块逐渐回归到基本面层面上来，食品饮料、家居建材、新能源、创新药等可能会重新迎来布局良机。短期内TMT各板块涨幅过大，吸金效应明显，拥挤度不断创历史高位，业绩短期内无法兑现，可能面临一定的回调压力。但从全年维度来看，我们认为以ChatGPT为代表的数字经济和中国特色估值体系将成为贯穿全年的主线，本基金将继续维持积极的配置。","declarationDate":"2023-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:41.619Z","fund":{"_id":3000000009918,"__csrcFundId":8014,"stockCode":"009918","name":"上银核心成长混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9918,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-03-01T17:22:40.409Z","status":"normal","exchange":"jj","inceptionDate":"2020-09-26T16:00:00.000Z","shortName":"上银核心成长混合A","followedNum":0,"fundCollectionId":4000050850000,"currency":"CNY","masterFundShortName":"上银核心成长混合","setUpDate":"2020-09-26T16:00:00.000Z","setUpAssetScale":47373183.06,"setUpShares":47373183.06,"delistedDate":"2023-11-27T16:00:00.000Z"},"announcement":{"linkText":"上银核心成长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=888955","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd257fea5b3eb04d4c97","date":"2022-12-30T16:00:00.000Z","stockId":3000000009918,"sao":"2022年，本基金坚持寻找行业景气度高、基本面扎实、估值相对合理、业绩预期有明显改善的标的，适时布局了光伏、风电、储能、白酒、电力、新能源车产业链、免税、央企建筑、煤炭、有色、计算机等标的，并根据市场和行业变化，对基金进行动态调整，及时增加和降低相关标的的仓位。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:41.616Z","mo":"展望2023年，随着美联储加息步伐的放缓、美元走势的减弱和美债收益率的降低，外资开始逐渐流向中国市场。同时中国疫情管控放开后，国内经济开始全面复苏，各地方政府将2023年的经济增长目标定位5%以上，叠加去年低基数，预计全年国内经济增速将在5%以上，上市公司的基本面预期将得到大幅改善。在国内重心全面转向经济建设后，更多的政策将发力，财政政策和货币政策将更加友好，在资金面、基本面、政策面三重因素改善的情况下，估值有望得到修复。我们看好CXO、创新药，有政策驱动的信创和景气度高、业绩增长快的储能和风电等板块。","fund":{"_id":3000000009918,"__csrcFundId":8014,"stockCode":"009918","name":"上银核心成长混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9918,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-03-01T17:22:40.409Z","status":"normal","exchange":"jj","inceptionDate":"2020-09-26T16:00:00.000Z","shortName":"上银核心成长混合A","followedNum":0,"fundCollectionId":4000050850000,"currency":"CNY","masterFundShortName":"上银核心成长混合","setUpDate":"2020-09-26T16:00:00.000Z","setUpAssetScale":47373183.06,"setUpShares":47373183.06,"delistedDate":"2023-11-27T16:00:00.000Z"},"announcement":{"linkText":"上银核心成长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=872678","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd257fea5b3eb04d4c96","date":"2022-09-29T16:00:00.000Z","stockId":3000000009918,"sao":"三季度，受美联储持续超预期加息，俄乌冲突引发的欧洲能源危机的影响，外围市场比较动荡，美元的走强使主要经济体的货币均出现不同程度的贬值，同时海外对中国经济增速的担忧有所加剧，导致外资持续流出。国内股市由于政策和三季报前业绩的真空期导致交投气氛低迷，市场震荡向下，在前期新能源板块相对抗跌，但后期随着获利筹码的逐步退场、对明年行业增长预期的降低及估值相对较高的影响，开始随大盘出现下跌，整个市场并无可持续的热点。本基金坚持寻找行业景气度高、业绩增速快、盈利质量有保障、估值相对合理，具有一定弹性的板块，当前持仓以光伏、新能源车产业链、风电、储能为主，同时增加了白酒、电力、煤炭等偏防御行业的配置。展望四季度，我们预计会有更多的利好政策不断推出，市场关注的焦点将转向经济增长这个方向上来。市场在经历了前期持续调整后，沪深300指数的估值已低于近10年来的中位数水平，估值分位数位列10年来的23.98%，风险溢价率更是接近6.18%，整体安全边际比较高，具有一定的配置价值，预计将迎来阶段性的反弹。继续看好新能源板块，其对应明年估值普遍在40倍以内，且业绩增速快，欧洲能源危机导致能源价格的大幅上涨也将加快各国对光伏、风电、储能等新能源发电的装机进程，新能源行业订单和业绩有保障。同时，将持续关注此前受影响严重的旅游、酒店、机场、航空等具有一定护城河、盈利能力出现大幅改善的可选消费行业的配置机会。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:41.614Z","fund":{"_id":3000000009918,"__csrcFundId":8014,"stockCode":"009918","name":"上银核心成长混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9918,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-03-01T17:22:40.409Z","status":"normal","exchange":"jj","inceptionDate":"2020-09-26T16:00:00.000Z","shortName":"上银核心成长混合A","followedNum":0,"fundCollectionId":4000050850000,"currency":"CNY","masterFundShortName":"上银核心成长混合","setUpDate":"2020-09-26T16:00:00.000Z","setUpAssetScale":47373183.06,"setUpShares":47373183.06,"delistedDate":"2023-11-27T16:00:00.000Z"},"announcement":{"linkText":"上银核心成长混合型证券投资基金2022年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=809528","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecd257fea5b3eb04d4c95","date":"2022-06-29T16:00:00.000Z","stockId":3000000009918,"sao":"2022年上半年，市场先抑后扬，风格行业轮动反转。上证指数跌6.63%，沪深300跌9.22%，中证500跌12.3%，创业板指跌15.41%。从行业看，一季度稳增长、上游资源板块表现强势；二季度新能源赛道和部分困境反转逻辑板块表现强势。煤炭、消费者服务、交通运输等行业上半年表现较强势，而电子、传媒、综合金融、计算机、国防军工等行业表现较弱。从风格看，一季度低估值、低波动风格强势，成长和盈利风格持续回调；二季度前期深跌成长股反弹，成长，高估值等风格占优。在投资管理上，本基金属于混合型基金，主要通过对行业景气度变化、上市公司的基本面以及成长潜力的研究，投资于有核心竞争力的成长型上市公司，在严格控制投资风险的前提下，追求基金资产的长期增值。","declarationDate":"2022-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:37:41.611Z","mo":"宏观方面，6月制造业PMI与非制造业商务活动指数均持续回升至重回扩张区间，但整体经济持续恢复仍有一定压力，内生动能有待进一步改善。流动性政策方面，资金面整体较为宽裕，当前市场利率与政策利率收敛速度或受到需求恢复的影响，后续持续关注存量政策的落地和执行。经过二季度以来的快速反弹后，市场短期波动可能增大，但中长期看，当前A股整体估值百分位较低，而中国经济增长的韧性依然强劲，A股高盈利成长、估值合理的优质资产具备较高的吸引力。","fund":{"_id":3000000009918,"__csrcFundId":8014,"stockCode":"009918","name":"上银核心成长混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9918,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2024-03-01T17:22:40.409Z","status":"normal","exch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