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优势的优质制造业公司、以及具备全球竞争力的行业和公司。在新的周期里，我们会更加勤勉，将过去多年以来的研究覆盖转化为投资成果。","declarationDate":"2024-04-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:38.259Z","fund":{"_id":3000000010894,"__csrcFundId":8483,"stockCode":"010894","shortName":"鹏华汇智优选混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":10894,"masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:27.333Z","status":"normal","name":"鹏华汇智优选混合型证券投资基金","exchange":"jj","followedNum":10,"inceptionDate":"2021-01-07T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华汇智优选混合","setUpDate":"2021-01-07T16:00:00.000Z","setUpAssetScale":11302899156.51,"setUpShares":11302899156.51,"pinyin":"phhzyxhhxzqtzjj","managers":[{"stockCode":"8801361729","stockType":"fund_manager","exchange":"fm","tickerId":1208110090,"name":"梁浩"},{"stockCode":"db20684747","stockType":"fund_manager","exchange":"fm","tickerId":2618195940,"name":"朱睿"},{"stockCode":"db20830221","stockType":"fund_manager","exchange":"fm","tickerId":260810219560,"name":"张宏钧"}]},"announcement":{"linkText":"鹏华汇智优选混合型证券投资基金2024年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1068975","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece127fea5b3eb04e483f","date":"2023-12-30T16:00:00.000Z","stockId":3000000010894,"sao":"报告期内，我们主要投资了汽车零部件、军工、新能源、医药、计算机等成长性行业。  从2021年起，我们加大了对汽车领域的研究，从新技术开始逐步到传统领域。虽然国内电动车渗透率最快的阶段已经过去，但我们仍看好汽车电动化的发展为国内相关零部件企业所带来的发展机遇。国内部分零部件企业在这一轮产业机遇面前表现出来的竞争力前所未有的强大，部分公司在所在领域的市场份额仍有较大的提升空间。同时，整车领域的格局变动，也使得传统的一体化生产模式无法持续，产业链必然会走向高效的社会化分工。  我们也持续关注需求端相对稳定、有着长期投资机会的医药行业；对于电子行业，我们重视潜在的创新周期可能带来的投资机会；在新材料领域，过去一些我们长期关注的公司逐渐回落至合理价格，这带来了新的配置窗口期。  对于未来，我们持相对乐观态度，市场在寻底过程中也在不断形成新的平衡，新一轮的优质公司也在逐步浮出水面。","declarationDate":"2024-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:38.256Z","mo":"2023年，随着宏观经济走弱，市场缺乏系统性机会。同时，主题类交易性机会成为市场的主流。这种大背景下，4季度经营状况良好的优质公司，通常会进行估值切换的行情并未演绎。相信随着年报和一季报的展开，基于业绩的结构性机会会优于主题投资。2024年，预计我国宏观运行状态整体仍将稳定。但基于城市化高速发展所带来的β性机会，已经告一段落。未来的投资机会将在那些具备优秀管理能力，注重股东回报的公司，以及仍处于成长型的行业之中。  当前指数回落幅度已经很大，主流预期悲观，我们对这种环境并不感到陌生，我们并不会被这种悲观情绪左右，反而会更加积极的选股。挖掘下一轮市场周期中表现突出的行业和公司，修复净值曲线，是我们能做的唯一正确事情。","fund":{"_id":3000000010894,"__csrcFundId":8483,"stockCode":"010894","shortName":"鹏华汇智优选混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":10894,"masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:27.333Z","status":"normal","name":"鹏华汇智优选混合型证券投资基金","exchange":"jj","followedNum":10,"inceptionDate":"2021-01-07T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华汇智优选混合","setUpDate":"2021-01-07T16:00:00.000Z","setUpAssetScale":11302899156.51,"setUpShares":11302899156.51,"pinyin":"phhzyxhhxzqtzjj","managers":[{"stockCode":"8801361729","stockType":"fund_manager","exchange":"fm","tickerId":1208110090,"name":"梁浩"},{"stockCode":"db20684747","stockType":"fund_manager","exchange":"fm","tickerId":2618195940,"name":"朱睿"},{"stockCode":"db20830221","stockType":"fund_manager","exchange":"fm","tickerId":260810219560,"name":"张宏钧"}]},"announcement":{"linkText":"鹏华汇智优选混合型证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1051519","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece127fea5b3eb04e483e","date":"2023-09-29T16:00:00.000Z","stockId":3000000010894,"sao":"2023年3季度，A股市场延续偏弱走势。上证指数、沪深300、创业板指涨幅分别为-2.86%、-3.98%、-9.53%。行业层面，煤炭（10.37%）、非银金融（6.48%）、石油石化（5.79%）涨幅居前，传媒（-14.19%）、计算机（-13.88%）、电力设备及新能源（-13.53%）跌幅居前。  报告期内，我们的投资组合结构保持稳定，针对宏观环境、市场的变化，对持仓结构进行了一定微调，增持了部分在需求和市场偏弱的环境下，仍能够保持自身竞争优势和经营持续性,仍有良好发展前景的公司。当前市场情绪仍然低迷，但我们仍维持市场处在高性价比阶段的看法，我们将稳扎稳打，围绕企业的长期价值进行布局，在市场底部仍然尽力保持组合的活力和反击的可能。","declarationDate":"2023-10-23T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:38.254Z","fund":{"_id":3000000010894,"__csrcFundId":8483,"stockCode":"010894","shortName":"鹏华汇智优选混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":10894,"masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:27.333Z","status":"normal","name":"鹏华汇智优选混合型证券投资基金","exchange":"jj","followedNum":10,"inceptionDate":"2021-01-07T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华汇智优选混合","setUpDate":"2021-01-07T16:00:00.000Z","setUpAssetScale":11302899156.51,"setUpShares":11302899156.51,"pinyin":"phhzyxhhxzqtzjj","managers":[{"stockCode":"8801361729","stockType":"fund_manager","exchange":"fm","tickerId":1208110090,"name":"梁浩"},{"stockCode":"db20684747","stockType":"fund_manager","exchange":"fm","tickerId":2618195940,"name":"朱睿"},{"stockCode":"db20830221","stockType":"fund_manager","exchange":"fm","tickerId":260810219560,"name":"张宏钧"}]},"announcement":{"linkText":"鹏华汇智优选混合型证券投资基金2023年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=986892","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece127fea5b3eb04e483d","date":"2023-06-29T16:00:00.000Z","stockId":3000000010894,"sao":"2023上半年，A股走势震荡分化。上证指数、沪深300、创业板指涨幅分别为3.65%、-0.75%、-5.61%，行业层面，通信（45.41%）、传媒（43.43%）、计算机（32.26%）涨幅居前，消费者服务（-27.92）、房地产（-14.07%）、农林牧渔（-9.21%）涨幅居后，排名首尾的行业指数涨跌幅差距超过70个百分点。从万得普通股票型和偏股混合型基金指数表现看，上半年涨跌幅分别为0.02%、-1.48%。  上半年宏观经济和权益市场表现的一波三折。一方面，经济基本面的复苏需要时间和信心的循序修复，另一方面，在过去几年赚钱不佳、增量资金有限的背景下，权益市场呈现出热点较多、轮动加快、博弈现象加重的特征。在这种背景下，主流权益基金普遍表现不佳。  我们的组合表现在上半年也经受了挑战。我们针对宏观环境的变化、市场风格的理解，对持仓结构进行了一定的优化，当前我们的投资组合主要关注先进制造、军工、新能源、计算机、消费、汽车等领域，行业分布较为均衡。在下半年，我们将继续拓展研究方向，积极储备，努力寻找符合我们分析框架的投资标的。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:38.251Z","mo":"展望未来，我们仍然保持相对乐观。从经济运行的角度，尽管上半年走势曲折，但伴随政策开始边际发力，我们判断国内经济有望阶段性筑底，海外方面，美联储加息或已进入尾声，对新兴市场压力最大阶段可能已经过去。  我们判断上半年相对极致的市场风格有望得到平衡，许多我们长期看好的公司，已经逐渐进入可投资的性价比阶段，我们相信，随着时间的推移，组合内的持仓，在基本面上能够兑现成长逻辑，在股价上仍有修复的空间。在投资方法和知识体系全面更新后，我们有能力为持有人创造较过往更好的收益。我们期望在未来，能够给持有人提供更好的持有体验。","fund":{"_id":3000000010894,"__csrcFundId":8483,"stockCode":"010894","shortName":"鹏华汇智优选混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":10894,"masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:27.333Z","status":"normal","name":"鹏华汇智优选混合型证券投资基金","exchange":"jj","followedNum":10,"inceptionDate":"2021-01-07T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华汇智优选混合","setUpDate":"2021-01-07T16:00:00.000Z","setUpAssetScale":11302899156.51,"setUpShares":11302899156.51,"pinyin":"phhzyxhhxzqtzjj","managers":[{"stockCode":"8801361729","stockType":"fund_manager","exchange":"fm","tickerId":1208110090,"name":"梁浩"},{"stockCode":"db20684747","stockType":"fund_manager","exchange":"fm","tickerId":2618195940,"name":"朱睿"},{"stockCode":"db20830221","stockType":"fund_manager","exchange":"fm","tickerId":260810219560,"name":"张宏钧"}]},"announcement":{"linkText":"鹏华汇智优选混合型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=961555","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece127fea5b3eb04e483c","date":"2023-03-30T16:00:00.000Z","stockId":3000000010894,"sao":"2023年1季度，A股市场走势分化，计算机、传媒、通信、电子涨幅居前，房地产、消费者服务、银行、电力设备新能源等行业涨幅居后。我们的持仓以成长股为主，集中在新能源、军工、消费、先进制造等方向，开年以来，我们暂时跑输了基准，仍有改进的空间。  今年以来市场分化较大，一方面，TMT板块在政策扶持、技术变革等方面迎来催化，表现突出，另一方面，由于增量资金有限，大部分行业的基本面复苏也需要时间，在TMT风格达到极致的阶段，场内资金形成了虹吸效应，导致主流机构持仓的板块资金流出，相关板块指数表现相对落后。  我们仍维持对全年市场乐观的看法。整体上，2022年压制大盘的外部环境在2023年均有所缓解，另一方面，疫情防控措施优化后，全社会目前处于逐步回归常态和消费复苏阶段，此外，美国加息或已经临近尾声，A股的投资价值凸显。  我们相信，随着时间的推移，组合内的持仓，在基本面上能够兑现成长逻辑，在股价上仍有修复的空间。在投资方法和知识体系全面更新后，我们有能力为持有人创造较过往更好的收益。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:38.248Z","fund":{"_id":3000000010894,"__csrcFundId":8483,"stockCode":"010894","shortName":"鹏华汇智优选混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":10894,"masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:27.333Z","status":"normal","name":"鹏华汇智优选混合型证券投资基金","exchange":"jj","followedNum":10,"inceptionDate":"2021-01-07T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华汇智优选混合","setUpDate":"2021-01-07T16:00:00.000Z","setUpAssetScale":11302899156.51,"setUpShares":11302899156.51,"pinyin":"phhzyxhhxzqtzjj","managers":[{"stockCode":"8801361729","stockType":"fund_manager","exchange":"fm","tickerId":1208110090,"name":"梁浩"},{"stockCode":"db20684747","stockType":"fund_manager","exchange":"fm","tickerId":2618195940,"name":"朱睿"},{"stockCode":"db20830221","stockType":"fund_manager","exchange":"fm","tickerId":260810219560,"name":"张宏钧"}]},"announcement":{"linkText":"鹏华汇智优选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=886659","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece127fea5b3eb04e483b","date":"2022-12-30T16:00:00.000Z","stockId":3000000010894,"sao":"回顾22年A股走势，1季度诸多因素冲击市场，包括疫情对需求和收入预期的影响、地产数据低迷、大宗商品超预期上涨、地缘冲突等等，市场大幅下跌，2季度随着疫情缓和，市场先抑后扬，下半年随着疫情反复，市场再次震荡回落，投资者信心仍然脆弱，我们对组合进行适度调整，以相对均衡和稳妥的策略应对市场波动。  由于市场下跌，持有人整体还是在亏损状态，没能给投资者赚到钱，我们也感觉到内心不安，我们未来仍有改进的空间。过去两年，我们一直在改进投资框架，我们仍坚持深度研究、广泛覆盖。在市场失去耐心，或者在赛道切换、优秀公司被错杀等适当时机，我们将力争利用机会积极布局优秀公司。我们期望在未来，能够给持有人提供更好的持有体验。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:38.246Z","mo":"展望2023年，我们对市场的投资机会感到乐观。过去两年指数走势之所以艰难，主要受新冠疫情、地产行业信用风险暴露等影响，今年这些因素都逐渐迎来改善，企业的生产经营，居民的消费出行，都将回归正轨，映射到权益市场上，也将迎来积极的变化。历史上每一轮危机和市场磨底之后，都将孕育新的投资机会，我们也有预感这有可能是新一轮市场周期的起点。所以，我们在心态上更加开放和积极。  目前市场的底层资产仍然十分优异，国内很多优秀公司核心竞争力突出，放眼全球没有竞争对手，在新一轮周期中也将迎来新的投资机会。方向上，我们将以成长股为主，重点关注新能源、计算机、汽车零部件、消费、化工等领域。","fund":{"_id":3000000010894,"__csrcFundId":8483,"stockCode":"010894","shortName":"鹏华汇智优选混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":10894,"masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:27.333Z","status":"normal","name":"鹏华汇智优选混合型证券投资基金","exchange":"jj","followedNum":10,"inceptionDate":"2021-01-07T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华汇智优选混合","setUpDate":"2021-01-07T16:00:00.000Z","setUpAssetScale":11302899156.51,"setUpShares":11302899156.51,"pinyin":"phhzyxhhxzqtzjj","managers":[{"stockCode":"8801361729","stockType":"fund_manager","exchange":"fm","ti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期投资角度，我们仍然看好中国权益市场的未来长期表现。基金将坚持自下而上精选个股，主要围绕科技、创新医药与医疗服务、消费升级与新兴消费、高端制造和新材料等方向，着重发掘那些未来盈利增长可观且确定性较强的细分行业优质公司并长期持有。我们相信这些长期赛道优秀、中长期盈利可期、基本面扎实的个股有望取得较好长期表现。","date":"2021-03-30T16:00:00.000Z","declarationDate":"2021-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:41:38.221Z","fund":{"_id":3000000010894,"__csrcFundId":8483,"stockCode":"010894","shortName":"鹏华汇智优选混合A","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":10894,"masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:27.333Z","status":"normal","name":"鹏华汇智优选混合型证券投资基金","exchange":"jj","followedNum":10,"inceptionDate":"2021-01-07T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华汇智优选混合","setUpDate":"2021-01-07T16:00:00.000Z","setUpAssetScale":11302899156.51,"setUpShares":11302899156.51,"pinyin":"phhzyxhhxzqtzjj","managers":[{"stockCode":"8801361729","stockType":"fund_manager","exchange":"fm","tickerId":1208110090,"name":"梁浩"},{"stockCode":"db20684747","stockType":"fund_manager","exchange":"fm","tickerId":2618195940,"name":"朱睿"},{"stockCode":"db20830221","stockType":"fund_manager","exchange":"fm","tickerId":260810219560,"name":"张宏钧"}]},"announcement":{"linkText":"鹏华汇智优选混合型证券投资基金2021年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=571396","linkType":"PDF","source":"csrc_pdf"}}]}