window.pageData = {"stock":{"_id":3000000010769,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"fundCollection":{"exchange":"jjgs","stockType":"fund_collection","stockCode":"50430000","tickerId":50430000,"name":"天弘基金管理有限公司"},"index":{"areaCode":"cn","stockType":"index","exchange":"sh","stockCode":"000949","tickerId":949,"name":"中证农业","rebalancingFrequency":"semi-annually"},"managers":[{"name":"沙川","stockType":"fund_manager","stockCode":"db20133456","exchange":"fm","tickerId":1903185560}],"targetFunds":[{"shortName":"农业ETF天弘","stockType":"fund","stockCode":"512620","exchange":"sh","tickerId":512620}],"hotMetrics":{"fss":{"stockId":3000000010769,"type":"fss","f_s_s_d":"2024-06-29T16:00:00.000Z","f_ins_h_s_r":0.2043,"f_ins_h_s_r_c_hy":-0.05479999999999999,"f_ins_h_s_r_c_1y":0.08610000000000001,"f_ind_h_s_r":0.7957,"f_ind_h_s_r_c_hy":0.05479999999999996,"f_ind_h_s_r_c_1y":-0.08610000000000007,"f_h_a":34989,"f_h_s_a":7861,"last_data_date":"2025-12-30T16:00:00.000Z"},"fpr":{"stockId":3000000010769,"type":"fpr","f_p_r_fys_ssc":5568,"f_p_r_fys_ssrp":0.6299622777079217,"f_p_r_m1_ssc":5731,"f_p_r_m1_ssrp":0.9485165794066318,"f_p_r_m3_ssc":5584,"f_p_r_m3_ssrp":0.3283181085437937,"f_p_r_m6_ssc":5265,"f_p_r_m6_ssrp":0.5511018237082067,"f_p_r_y1_ssc":4503,"f_p_r_y1_ssrp":0.6750333185251,"f_p_r_y2_ssc":3443,"f_p_r_y2_ssrp":0.7797791981406159,"f_p_r_y3_ssc":2840,"f_p_r_y3_ssrp":0.7854878478337443,"f_cagr_p_r_fs_ssc":5780,"f_cagr_p_r_fs_ssrp":0.8880429139989617,"f_p_r_y5_ssc":1730,"f_p_r_y5_ssrp":0.7998843262001156},"fp":{"stockId":3000000010769,"type":"fp","f_p_r_fys":0.02552231718898379,"f_p_r_m1":-0.0634215091066781,"f_p_r_m3":0.009111085153603371,"f_p_r_m6":0.04034200385356468,"f_p_r_y1":0.22486885013469649,"f_cagr_p_r_fs":-0.027579129017140325,"f_p_r_d1":0.0018004501125281624,"f_p_r_y2":0.2682031708749286,"f_cagr_p_r_fs_sic":11,"f_cagr_p_r_fs_sirp":0.1,"f_p_r_fys_sic":11,"f_p_r_fys_sirp":0.4,"f_p_r_m1_sic":11,"f_p_r_m1_sirp":0.2,"f_p_r_m3_sic":11,"f_p_r_m3_sirp":0.2,"f_p_r_m6_sic":11,"f_p_r_m6_sirp":0.4,"f_p_r_y1_sic":11,"f_p_r_y1_sirp":0.4,"f_p_r_y2_sic":11,"f_p_r_y2_sirp":0.3,"f_p_r_y3":0.043231493780946595,"f_p_r_y3_sic":5,"f_p_r_y3_sirp":0,"last_data_date":"2026-04-14T16:00:00.000Z","f_p_r_y5":-0.06776734649832594},"ff":{"stockId":3000000010769,"type":"ff","f_m_f":2362516,"f_m_f_r":0.005,"f_c_f":472503,"f_c_f_r":0.001,"f_m_a_c_f":2835019,"f_m_a_c_f_r":0.006,"f_m_c_f_d":"2024-06-29T16:00:00.000Z","f_c_fr":0.001,"f_fr_d":"2025-12-30T16:00:00.000Z","f_m_fr":0.005,"f_mac_fr":0.006},"f_nlacan":{"stockId":3000000010769,"type":"f_nlacan","f_nv_d":"2026-04-14T16:00:00.000Z","f_nv":0.8639,"f_nv_cr":-0.0025401223877150603},"f_as":{"stockId":3000000010769,"type":"f_as","f_tas":236100464.7768,"f_tas_d":"2025-12-30T16:00:00.000Z"}},"masterSlaveFunds":[{"_id":3000000010770,"name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","inceptionDate":"2021-01-21T16:00:00.000Z","indexFundFlag":1,"stockCode":"010770","tickerId":10770,"shortName":"天弘中证农业主题ETF联接C","__csrcFundId":8446,"lastUpdated":"2026-04-10T17:06:05.371Z","exchange":"jj","followedNum":32,"fundCollectionId":4000050430000,"currency":"CNY","status":"normal","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":166771997.57,"setUpShares":166771997.57,"masterFundFlag":null,"activeFundFlag":null,"classificationFlag":null,"closedEnd":null,"etfFundFlag":1,"feederFundFlag":1,"lofFundFlag":null,"pensionTargetFlag":null,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"memoNum":1,"indexId":1000000000949}],"shareholdings":[{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":2714,"holdings":1517791,"marketCap":76769868,"netValueRatio":0.0954,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":-0.02885760512743374,"stock":{"stockCode":"002714","exchange":"sz","stockType":"company","tickerId":2714,"name":"牧原股份"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":300498,"holdings":3965052,"marketCap":66930077,"netValueRatio":0.0832,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":-0.07784345334049869,"stock":{"stockCode":"300498","exchange":"sz","stockType":"company","tickerId":300498,"name":"温氏股份"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":2311,"holdings":619650,"marketCap":34316217,"netValueRatio":0.0426,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":-0.13156656735141947,"stock":{"stockCode":"002311","exchange":"sz","stockType":"company","tickerId":2311,"name":"海大集团"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":408,"holdings":350363,"marketCap":29570637,"netValueRatio":0.0367,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":0.44693982513286534,"stock":{"stockCode":"000408","exchange":"sz","stockType":"company","tickerId":408,"name":"藏格矿业"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":792,"holdings":937900,"marketCap":26411264,"netValueRatio":0.0328,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":0.3505995203836927,"stock":{"stockCode":"000792","exchange":"sz","stockType":"company","tickerId":792,"name":"盐湖股份"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":893,"holdings":413000,"marketCap":19811610,"netValueRatio":0.0246,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":0.22466173091651775,"stock":{"stockCode":"000893","exchange":"sz","stockType":"company","tickerId":893,"name":"亚钾国际"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":876,"holdings":1676957,"marketCap":15461543,"netValueRatio":0.0192,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":-0.05918367346938791,"stock":{"stockCode":"000876","exchange":"sz","stockType":"company","tickerId":876,"name":"新希望"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":600873,"holdings":1455421,"marketCap":14743414,"netValueRatio":0.0183,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":-0.04524033930254523,"stock":{"stockCode":"600873","exchange":"sh","stockType":"company","tickerId":600873,"name":"梅花生物"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":600201,"holdings":820995,"marketCap":12372394,"netValueRatio":0.0154,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":0.5632780082987563,"stock":{"stockCode":"600201","exchange":"sh","stockType":"company","tickerId":600201,"name":"生物股份"}},{"date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockId":600486,"holdings":177964,"marketCap":12348921,"netValueRatio":0.0153,"declarationDate":"2026-01-21T16:00:00.000Z","quarterlyChange":-0.0354462051709753,"stock":{"stockCode":"600486","exchange":"sh","stockType":"company","tickerId":600486,"name":"扬农化工"}}],"bondHoldings":[{"_id":"69723b001987889646e70873","date":"2025-12-30T16:00:00.000Z","fundId":3000000010769,"stockCode":"019792","stockName":"25国债19","holdings":8000,"marketCap":802599,"netValueRatio":0.001,"lastUpdated":"2026-01-22T14:58:08.699Z","declarationDate":"2026-01-21T16:00:00.000Z"}],"lastFsMetrics":{"latestTurnoverRate":0.8353657029171078,"latestTurnoverRateDate":"2025-12-30T16:00:00.000Z"}},"list":[{"_id":"69cd674a83a905a12b88cc24","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-03-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2025年按照基金合同约定将基金资产投资于基准指数成分股，采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。期间本基金转型为农业ETF天弘的联接基金，持仓也进行了相应调整。","lastUpdated":"2026-04-01T18:43:22.870Z","mo":"展望 2026 年宏观经济，出口仍将是核心增长引擎与关键宏观变量。尽管地缘政治冲突、关税壁垒等外部压力犹存，但依托中国制造业的结构性竞争优势，出口有望保持正增长态势。投资端，财政政策持续发力对冲房地产行业下行影响，地产板块对经济的拖累效应逐步减弱；叠加制造业投资的结构性回暖，在稳增长政策的托底护航下，整体投资有望逐步止跌回稳。消费领域，消费品以旧换新政策预计将延续实施，消费结构亦将进一步向服务型消费倾斜，推动消费市场实现平缓修复。价格维度，受益于低基数效应及 “反内卷” 相关政策落地，PPI 降幅有望收窄甚至转正；CPI 则预计维持低位温和增长格局。展望 2026 年股票市场，我们依然看好2026年股票市场整体表现。本轮自 2024 年 9 月开启的行情已步入第三个年头，市场关注点将逐步向企业盈利基本面的兑现与支撑聚焦。从 2025 年三季报来看，A 股盈利正处于筑底阶段，营收端已企稳回升，利润端修复因价格因素有所制约。2026 年企业盈利修复进程虽有曲折，但整体向好趋势明确，ROE 有望在低位企稳，利润率边际改善的信号或更为清晰，需警惕上游成本快速上行带来的扰动。资金面来看，居民存量存款到期后的再配置需求叠加市场风险偏好抬升，预计将持续为股票市场注入增量资金；但同时也需关注资金面波动对股市的扰动，以及市场波动率快速上行背后的交易风险。当前市场对基本面共振的诉求显著提升，投资布局仍需关注基本面逻辑的板块。对于农业板块，由于能繁母猪去化带来的生猪价格上涨预期，加之“反内卷”背景下，多项相关政策优化行业供给结构，减少无效竞争，行业有望摆脱此前的“囚徒困境”，明年下半年生猪价格或进入上行周期，届时养殖上游的动保、饲料板块也将受益。种植板块，由于中美关系的不确定性，以及粮食安全在大国博弈时期的重要地位，其表现可能较好。所以，看好农业板块2026年表现。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题交易型开放式指数证券投资基金联接基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1455243","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2782","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2025年3季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。","lastUpdated":"2026-03-09T13:41:06.125Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2025年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1373795","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2781","date":"2025-06-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2025年上半年按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化、指数成分股分红以及持有的新股上市后涨幅与基准指数涨幅的差异。","declarationDate":"2025-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.122Z","mo":"从海外经济来看，下半年全球经济复苏的压力增大，同时美国通胀预期仍存，美元继续走弱，经济不确定性在于关税谈判的情况、美联储何时重启降息以及地缘政治风险。对2026年的经济预测，IMF认为海外主要经济体实际GDP增速将较2025年上升。国内的宏观环境，出口由于关税不确定性，预计6、7月“抢出口”、“抢转口”对我国出口还有支撑，但由于关税压力下全球制造业周期走弱，预计三季度中后段开始一直到明年初，出口可能会有一定压力。但当前关税并未实质性损害我国出口竞争力，明年年中左右我国出口可能跟随全球经济周期、外需的修复而企稳回升。消费方向，下半年1380亿国补资金陆续到位，支撑消费。投资：地产景气仍在下滑，需要政策呵护。新增专项债剔除其他用途后，用于基建的金额相比2024年总体平稳。制造业方向，今年以来政策反复提及反内卷，我们认为反内卷是A股制造业改革的中长期主线，重点关注各个行业具体方案落地情况。综合来看，当前的宏观环境处于稳步修复，同时有增量政策托底的阶段，对资本市场形成较为温和的投资环境。与此同时，资金面保持适度宽松，股票市场微观流动性比较充裕，股市成交活跃，流动性环境整体利好股票市场。整体上，我们对股票市场的观点偏积极，成长和价值板块均有表现机会。下半年，预计生猪出栏数量继续维持较高水平，生猪价格压力较大。但在“反内卷”的大环境下，生猪出栏体重可能有所下降，供给压力可能减少。同时能繁存栏也存在下降可能，由此明年生猪价格可能有所上涨。同期，农业板块相对市场整体可能有更好表现。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1340661","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2780","date":"2025-03-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2025年1季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，以及持有的新股上市后涨幅与基准指数涨幅的差异。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.119Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2025年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1269971","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e277f","date":"2024-12-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2024年按照基金合同约定将基金资产投资于基准指数成分股，采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。","declarationDate":"2025-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.117Z","mo":"展望2025年，在“保持经济稳定增长”的目标下，全年GDP增速有望与2024年持平。各宏观方面，地产，一二线城市或将逐渐由主动去库存转向被动去库存，企稳可能性上升；基建，广义财政支出有望改善；消费，受地产下跌的压制有望缓解，政策也将大力提振；制造业，进入去产能阶段，供大于求与企业盈利下滑的负循环或延续；出口，外需疲软叠加特朗普上台后可能的贸易摩擦，预计将会承压。预计A股市场2025年走势将以震荡为主，刺激政策与经济数据的预期差，是震荡的主要原因。行业方面，预计2025年猪价或低于2024年，但仍处于盈利线以上，这是由于猪企在2024年能繁母猪产能扩张比较谨慎。但如果宏观需求回升，可能或改变当前市场的悲观预期，带来农业板块较好表现。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1252224","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e277e","date":"2024-09-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2024年3季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化、成分股分红以及持有的新股上市后涨幅与基准指数涨幅的差异。本基金参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益下降。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.114Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2024年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1173016","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e277d","date":"2024-06-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2024年上半年按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。","declarationDate":"2024-07-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.112Z","mo":"国内经济2024年上半年虽然完成了5%的目标，但二季度增速回落，低于市场预期，主要原因在于国内有效需求不足。与去年相比，出口的支撑效应提升明显。消费的边际变化偏弱。居民端实际收入和改善预期提升有限，消费弱复苏格局未变。房地产投资受政策影响，有所企稳。对于下半年，出口可能由于美国补库存周期见顶，以及大选等等不确定因素相比上半年走弱。但消费高基数影响减弱，边际贡献有所提升。房地产对经济拖累减少，专项债发行提速支持基建投资增长。货币宽松基调未变。经济增长或略好于上半年。证券市场上半年波动较大，年初的雪球敲入引发市场大幅下跌。伴随国家队增持，快速企稳。但市场情绪依然低迷，资金流入红利资产。预计下半年，随着美联储降息预期强化，人民币贬值趋势改善，A股市场也会走强。农业板块以养殖为主，表现受生猪价格的影响较大。上半年，生猪价格上涨较多，但板块表现不佳，主要原因是市场预期价格上涨不可持续，企业利润改善只是短期，情况类似2022年。但我从能繁母猪去化，二次育肥，企业负债等角度进行对比，认为此轮生猪价格上涨或是震荡向上的走势，持续时间或更长，企业利润会有较大改善，并不同于2022年。所以看好农业板块下半年相对市场更好的表现。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1145792","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e277c","date":"2024-03-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2024年1季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，以及持有的新股上市后涨幅与基准指数涨幅的差异。本基金参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益明显下降。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.109Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2024年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1069900","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e277b","date":"2023-12-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2023年按照基金合同约定将基金资产投资于基准指数成分股，采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。","declarationDate":"2024-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.106Z","mo":"2023年，大家对经济和A股市场的预期经历了从乐观到悲观的过程。而对于2024年的宏观经济，我觉得可以适当乐观。2024年，宏观政策会比较积极，叠加2023年下半年的出台政策的效果显现，经济和消费会继续复苏。中央有望打开杠杆空间，赤字率上升；房地产投资降幅收窄，对经济的拖累减少；中美关系有所改善，出口有望修复。对于A股市场也不必悲观。此前市场较差的表现，主要还是经济复苏不佳导致预期的较大落差。矫枉过正，当前预期又过于悲观，如果未来经济好转，预期再次转向，A股市场会有较好表现。而刺激经济和美联储降息背景下，宽松的流动性也给市场好转提供了必要条件。A股的农业板块表现受养殖股影响较大，当前生猪价格处于周期底部，而在明年有较大可能见底后反弹，这将改善养殖企业的经营利润和现金流压力。所以，全年看，对农业板块看好，并且认为其表现会超过市场整体。但当前生猪价格仍有可能继续下跌，并引发养殖企业抛售导致的更深幅度下跌，加剧养殖企业的亏损和现金压力。所以，对上半年农业板块也不宜过度乐观。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1053634","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e277a","date":"2023-09-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2023年3季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。本基金参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益明显下降。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.104Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2023年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=987659","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2779","date":"2023-06-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2023年上半年按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。同时，本基金参与了转融通证券出借业务，以获得出借证券的利息收入；参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益明显下降。","declarationDate":"2023-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.101Z","mo":"由于去年底防疫政策调整，股票市场对今年经济复苏期待较高，所以今年初A股市场表现较好。但随着地产复苏低于预期，以及政策定力超预期，股票市场开始震荡并走低。对于下半年的中国经济，我认为仍有一定压力。一是海外高利率环境，导致全球经济有较大衰退风险，外需下降将影响出口；二是中美贸易摩擦延续，脱钩断链会影响国内的投资；三是经济的悲观预期可能带来消费和房地产上的自我实现。但相应的，预期会有较大力度的刺激政策出台。所以，对于下半年的A股市场，不必太过悲观，可能以震荡为主。本基金所跟踪的农业主题指数中，养殖相关企业占比较高，所以猪价是影响指数走势的主要因素之一。在猪价持续下跌的背景下，猪粮比已处于较低水平，发改委已宣布将启动第二批收储工作，所以猪价继续下跌空间有限。这将缓解相关企业的资金压力，但产能去化的趋势不会改变。当前，生猪养殖上市公司估值较低，从头均市值指标看，已接近历史低位，具备投资价值。种植板块，由于极端气候对农产品供应的影响，下半年粮食价格有反弹可能。以及转基因试点范围的扩大，均利好相关种企。整体看，下半年农业板块相对A股市场会表现较好。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=963251","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2778","date":"2023-03-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2023年1季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，以及持有的新股上市后涨幅与基准指数涨幅的差异。本基金参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益明显下降。","declarationDate":"2023-04-22T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.098Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2023年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=887710","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2777","date":"2022-12-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2022年按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。超额收益主要来自指数成分股分红和基金所申购新股上市后的上涨。由于今年新股上市后涨幅较小甚至破发，所以新股收益较往年有所下降。","declarationDate":"2023-01-27T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.096Z","mo":"我们预计2023年经济将有所好转。过去三年，疫情以及动态清零政策，保护了居民身体健康，但对经济产生较大不确定性，所以居民和企业比较保守，消费下降、储蓄增加、投资减少。虽然防疫政策调整，但经济仍处于囚徒困境——个体的最优选择却是整体的不利选择。所以，需要恢复对经济的信心。国家密集出台地产政策，是希望借地产的短期效应，拉动经济回归长期的正轨。不过由于地产对经济的边际效应下降，所以此次所需刺激力度更大，好在政府的财政和货币政策仍有较大空间。预计A股2023年会有较好表现，主要因素是流动性宽松，海外通货膨胀趋稳，加息接近尾声，强势美元结束，资金重返新兴市场；国内刺激经济，货币政策也会比较宽松。由于流动性宽松，对农业行业表现看好，但预计未必能超过市场整体。主要原因是，养殖板块，由于此轮猪周期中，国家采用收储和抛储调节价格，所以价格周期波动幅度减少，这对龙头企业的扩张相对不利。粮食价格和大宗价格处于高位，有回落可能，所以对种植板块和农化板块也并不友好。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=870163","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2776","date":"2022-09-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2022年3季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。本基金参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益明显下降。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.093Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2022年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=805350","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2775","date":"2022-06-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2022年上半年按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。同时，本基金参与了转融通证券出借业务，以获得出借证券的利息收入；参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益明显下降。","declarationDate":"2022-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.090Z","mo":"对于2022年下半年国内的宏观经济，我们认为会逐渐复苏。但由于当前中美利差收窄，人民币相对美元贬值，下半年国内的CPI将承受输入性压力，进而对货币政策形成制约。提高居民对经济的信心，改变当前消费疲软的现象，将是政策主要发力的方向。证券市场，虽然外资流出，人民币贬值对证券市场带来压力，但由于国内相对宽松的货币环境，以及刺激经济政策的持续推出，A股下半年有可能表现较好。由于当前国内猪肉价格仍处于上行周期，所以养殖相关企业利润将继续改善。俄乌战争持续和局部的极端天气，国际粮食价格可能再次冲高，利好种植企业。而全球流动性收紧，大宗价格可能回落，对农化较为不利。由于该基金所跟踪的农业指数，包含以上几个子版块，所以，我认为其下半年的市场表现将相对中性。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=784838","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2774","date":"2022-03-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2022年1季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差，并力争在跟踪误差允许范围内获取更多收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。本基金参与了转融通证券出借业务，以获得出借证券的利息收入；还参与了新股申购业务，不过由于近期新股上市后涨幅变小甚至破发，新股贡献的收益明显下降。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.087Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2022年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=725222","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2773","date":"2021-12-30T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2021年按照基金合同约定采用完全复制的投资策略来控制跟踪误差。并适当减少交易，以及参与新股申购和转融通证券出借业务，从而力争在跟踪误差允许范围内获取超额收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。其中日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离，指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。超额收益主要来自指数成分股分红、转融通证券出借业务产生的利息收入、基金所申购新股上市后的上涨。","declarationDate":"2022-01-23T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.084Z","mo":"对于2022年的宏观经济，我认为是企稳反弹的一年。固定投资方面，制造业投资回落趋势不变，但节奏上将继续保持温和的回落速率；基建发力仍需时日；地产投资仍有继续走弱空间。工业生产在外需退潮的格局下回落趋势不变，但短期内具有一定韧性。消费改善的方向不变，但整体幅度可能不会太强。而居民部门就业仍存压力，可支配收入的恢复过程仍不乐观。而证券市场，由于全球多数经济体为对抗高通胀进行加息，所以资金存在流出压力，A股市场可能出现大幅震荡的走势。而农业指数中生猪养殖相关个股占比较多，行业表现受到猪周期的影响。当前猪肉价格不断下跌，企业利润受损，但以存栏估计，猪肉价格可能在3季度反弹。所以对农业指数下半年的表现相对乐观，而上半年受企业利润不佳的影响应保持谨慎。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2021年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=714466","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2772","date":"2021-09-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2021年3季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差。并适当减少交易成本，以及参与新股申购，从而力争在跟踪误差允许范围内获取超额收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内，并取得了一定的超额收益。其中日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离、指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。超额收益主要来自指数成分股分红、基金所申购新股上市后的较大幅度涨幅。本基金成立时间已满6个月，已开始参与转融通证券出借业务。","declarationDate":"2021-10-26T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.081Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2021年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=655448","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2771","date":"2021-06-29T16:00:00.000Z","stockId":3000000010769,"sao":"本基金在2021年上半年按照基金合同约定采用完全复制的投资策略来控制跟踪误差。并适当减少交易成本，以及参与新股申购，从而在跟踪误差允许范围内获取超额收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内，并取得了一定的超额收益。其中日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，指数成分股调整导致的结构偏离、指数成分股分红，以及持有的新股上市后涨幅与基准指数涨幅的差异。超额收益主要来自指数成分股分红、基金所申购新股上市后的较大幅度涨幅。由于成立时间不满6个月，所以未参与转融通证券出借业务，无相关利息收入。","declarationDate":"2021-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.079Z","mo":"对于2021年下半年的宏观经济，我认为，今年上半年经济仍然处于不断修复的趋势，但下半年宏观经济仍存在不确定性，制造业PMI虽然仍处于荣枯线上，但已经连续4个月回落，洪涝灾害和疫情反复对非制造业的修复可能产生影响。政策上，7月初降准是为了给中小企业减负，下半年仍有再次降准的可能性，传递宏观经济政策不会收紧的信号，但也不会过于放松，从中长期的角度，仍然需要控制宏观杠杆率的过快上涨，对利率环境保持警惕。我国是农业大国，但受自然条件和技术水平等因素的限制，有很多农产品还依赖进口，农业科技落后于许多发达国家和跨国公司。国内自给自足的农产品也存在现代化程度低，集中规模化程度低的现状。国家出台的农业政策也在反复强调加强现代化设施建设，提高农业质量和竞争力等方面。所以，一些农产品行业正在经历集中度提高，降本增效的过程。从投资角度看，农业行业具有刚需属性，所以行业利润空间不断增加，但幅度有限，同时伴随一定的周期性。长期投资的收益主要来源，一是可以预见的已有的国内市场的利润空间，二是国内农业公司做大做强，对当前依赖进口的产品打破国外公司垄断实现国产替代，甚至形成出口的增量空间。本基金所跟踪的农业指数中，约有一半权重的上市公司是生猪养殖相关企业，其业绩受猪肉价格波动影响较大。由于今年上半年生猪价格下跌较多，市场预期相关公司业绩下降，所以指数下跌。预计下半年生猪价格仍可能难有起色，但由于指数已下跌较多，在市场发生下跌调整时，其跌幅不会太大。但如果市场表现较好，也可能难以有超过市场的表现。","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2021年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=634457","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecdf27fea5b3eb04e2770","stockId":3000000010769,"sao":"本基金在2021年1季度按照基金合同约定采用完全复制的投资策略来控制跟踪误差。并适当减少交易成本，以及参与新股申购，从而力争在跟踪误差允许范围内获取超额收益。期间基金整体运行平稳，日均跟踪偏离和年化跟踪误差均控制在合理范围内。其中日均跟踪偏离和跟踪误差主要来自基金每日的申购赎回导致的基金仓位变化，以及持有的新股上市后涨幅与基准指数涨幅的差异。","date":"2021-03-30T16:00:00.000Z","declarationDate":"2021-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:06.076Z","fund":{"_id":3000000010769,"__csrcFundId":8446,"stockCode":"010769","shortName":"天弘中证农业主题ETF联接A","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":10769,"masterFundFlag":1,"lastUpdated":"2026-04-10T17:08:26.144Z","status":"normal","name":"天弘中证农业主题交易型开放式指数证券投资基金联接基金","exchange":"jj","followedNum":18,"inceptionDate":"2021-01-21T16:00:00.000Z","fundCollectionId":4000050430000,"currency":"CNY","masterFundShortName":"天弘中证农业主题ETF联接","setUpDate":"2021-01-21T16:00:00.000Z","setUpAssetScale":33777016.75,"setUpShares":33777016.75,"pinyin":"thzznyztjyxkfszszqtzjjljjj","__indexSourceEastMoney":1,"__indexSourceCsi":1,"memoNum":1,"etfFundFlag":1,"feederFundFlag":1,"indexFundFlag":1,"indexId":1000000000949,"managers":[{"stockCode":"db20133456","stockType":"fund_manager","exchange":"fm","tickerId":1903185560,"name":"沙川"}]},"announcement":{"linkText":"天弘中证农业主题指数型发起式证券投资基金2021年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=574182","linkType":"PDF","source":"csrc_pdf"}}]}