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提升投资业绩的目标。上半年，本基金交易较少，主要以持仓为主。三季度以后逐步增加了交易，一是对仓位进行了大幅的调整，先做了减仓后逐渐加回，利用市场的反弹对持仓的行业结构进行了调整。行业配置向沪深300指数的结构靠拢，增加了银行的配置，此外，此前零配置的有色、食品饮料、非银金融等行业也增加了部分仓位。2024年末，我们的第一大重仓行业依然是电子，因为看好AI发展、苹果手机的创新和国产半导体的进步。我们减持了电新行业，主要是基于行业竞争格局没有如预想的改善，盈利的弹性被压制。","declarationDate":"2025-01-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.698Z","mo":"我们预期2025年上证指数能够取得正收益。主要是基于以下几点：一是国际环境的阶段性改善，虽然中期角度看大国之间的竞争还在加剧，但是阶段性的平衡有望在2025年看到；二是国内政策对经济的支持作用在不断发挥效力，预期仍有储备政策待落地；三是在无风险利率下行的过程中，居民资产配置有望向股票资产倾斜。","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴混合型证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1250779","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82c0","date":"2024-09-29T16:00:00.000Z","stockId":3000000011136,"sao":"市场在三季度的大部分时间里持续阴跌，在9月的下旬受政策影响，开始剧烈反弹，以券商和互联网金融为代表的股票表现最好，内需的地产和白酒，成长板块中的新能源和半导体都有较好的表现，在此之前一直有相对收益的红利资产在反弹中表现落后。本基金的投资策略一如既往，长期深耕中国有比较优势的，具备全球市场空间的成长性行业，在其中选择优秀企业家经营的公司，集中持有。我们的持仓分布在电子、新能源和医药，多数重仓股都长期持有。为了适应当下的市场，我们也适当增加了交易性的操作，主要是为了把握一些阶段性的机会，并及时获利了结，或者是对原有的持仓在低位做一些增仓。三季度我们主要新增了苹果手机电池供应商标的，所选标的公司自身能力优秀，同时我们也看好在人工智能的普及下，苹果手机带来一轮换机周期的高增长。同时，我们减持了个别基本面有一定压力的标的。在光伏板块内部依据个股的PB估值差异以及公司基本面变化做出个股调整。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.695Z","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴混合型证券投资基金2024年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1174771","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82bf","date":"2024-06-29T16:00:00.000Z","stockId":3000000011136,"sao":"2024年上半年，本基金的投资策略依然是寻找代表时代特征的，优秀企业家经营的公司，我们在选股时更注重企业长期的增长潜力和企业构建的壁垒，以集中持股的方式投资。上半年的市场一波三折，年初因为流动性问题，小盘股深度调整，随着增量资金的入场，市场开始反弹。投资者对确定性的要求较高，部分资金买入了以央企为代表的红利类资产，例如银行等；在全球资源品涨价的背景下，部分资金买入了有色；还有的选择了受益于AI的快速发展的英伟达产业链，并扩展到了苹果产业链。与此相对，以内需为代表的食品饮料、医药等公司依然呈现下跌的态势。本基金在上半年坚守了一些多年持有的公司，也优化了一部分，腾出来的仓位建仓了一批新标的。我们从2019年开始对AIOT保持持续关注，这是下一轮科技进步的方向，有望成为超越移动互联网的存在。我们的持仓集中在存储芯片、苹果产业链和边缘AI的算力芯片上，很多标的在二季度对组合都有正贡献，可惜的是我们没有重仓参与英伟达产业链中相关性最高的光模块和服务器PCB公司。我们的重仓股中，还有个别行业的龙头白马标的股价依旧处在低位。投资者当下似乎更看重业务是否反转，是否有向上的弹性，而在当下的经济环境下，这一答案的确定性或许并不高。我们更关注的是这些公司的高壁垒，当市场给予这些公司一个周期底部的盈利预测和普通消费品公司的估值水平时，我们认为中长期来看是良好的投资机会。我们新建仓了个别新能源细分领域的公司，对新能源相关的投资机会也持续关注。","declarationDate":"2024-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.693Z","mo":"我们相信证券市场会领先反映宏观经济的复苏，相信全年有很大可能取得正收益。我们预计地产的周期会在不远的时间内见底，一线城市的量价会逐步企稳，从而可以期待整个内需的企稳；随着海外大选的陆续落地，A股出口相关板块的担忧也会尘埃落地，目前的股价已经基本反映了各种悲观的预期，届时可能会利空出尽。我们还看好AI的科技进步对生产力的极大促进，相关产业链公司值得持续关注。","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴混合型证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1145218","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82be","date":"2024-03-30T16:00:00.000Z","stockId":3000000011136,"sao":"本基金持续多年的投资策略是集中在代表时代特征的成长行业中精选个股，注重企业中长期的增长潜力和企业家的创新能力。我们把主要的精力都投入在对产业趋势和企业发展的判断上，以集中持股的方式投资。2024年一季度，我们大部分的持股保持稳定，2023年四季度加仓的新能源股票中，部分个股贡献了较好的收益。我们认为光伏产业伴随着2023年价格的下降，供需两侧都在发生积极的变化，库存水位也已经下降到低位，预计在2024年下半年有望重新开始增长。我们投资的存储芯片公司，在2024年一季度表现不佳。虽然我们2023年下半年开始对存储周期见底的判断得到了验证，但市场首先选择了存储模组公司，或因为其商业模式可以通过囤货赚取差价，因此最先体现在利润中。但我们判断这一轮存储是一个向上的大周期，我们认为，中长期来看，设计公司的利润弹性更大。此外，我们在一季度也参与了部分光模块的公司交易。随着经济向上周期的徐徐展开，我们相信组合持仓公司会有更好的表现。","declarationDate":"2024-04-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.690Z","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴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=1065400","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82bd","date":"2023-12-30T16:00:00.000Z","stockId":3000000011136,"sao":"本基金持续多年的投资策略是集中在具备时代特征的成长行业中精选个股，注重企业中长期的增长潜力和企业家的创新能力。我们把主要的精力都投入在对产业趋势和企业发展的判断上，以集中持股的方式投资。2023年我们的主要持仓维持稳定。虽然市场风格是风水轮流转，2023年高股息的股票表现较好，我们持有的公司股票估值压缩较多，但这些公司无论是行业顺境还是逆境，始终保持领先地位，一步一个脚印的向前发展，我们认为其成长的空间依然很大，决定继续持有。二季度，我们新增了电子行业中存储细分领域的标的，因其存储周期在接近底部，虽然库存还在持续去化，可能还需要1-2个季度的时间，但是产品价格已经跌到历史底部，多数企业开始亏损。我们观察到行业内的海外龙头公司已经开始削减产量，这通常是周期即将见底的标志。四季度，我们大幅加仓了电力设备新能源板块的光伏产业链和动力电池产业链，其实我们在2021年开始参与这两个板块的投资，在2022年几乎全部清仓，主要是担心行业的供需格局开始恶化，但站在现在这个时点，供需的恶化成了投资者的共识，大家都认为行业待建产能过剩，又担心需求不及预期。这个时候股价也已经反映了这一预期。而企业家会根据形势进行调整，供给未必如大家想象的那么多，库存也已经开始回落。尤其是最先行的指标——上游原材料如硅料和碳酸锂的价格已经接近成本。因此我们依据对行业基本面情况变化趋势的判断，认为现在可提前布局。2023年全年，我们还参与了AI的投资机会，但因为始终没有重仓最受益的光模块板块，因此收益有限，但我们仍会对AI保持跟踪，期待看到AI从服务器的算力投资扩散到泛AI硬件领域。","declarationDate":"2024-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.688Z","mo":"2024年，我们认为市场会开始修复，随着经济指标的触底回升，投资者的信心也会逐步恢复。我们相信万事万物皆有周期，从极度亢奋到极端悲观，不过又是一次轮回。每次，当市场参与者变得极度悲观，将长期问题线性外推，往往都是情绪周期的底部。尽管路径会波折，我们期望市场在2024年能取得较好的收益。","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴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=1052007","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82bc","date":"2023-09-29T16:00:00.000Z","stockId":3000000011136,"sao":"本基金一直以来的投资策略是集中在代表时代特征的成长行业中精选个股，注重企业中长期的增长潜力和企业家的创新能力。我们把主要的精力都投入在对产业趋势和企业发展的判断上，以集中持股的方式投资。在三季度，我们认为市场的机会依然来自于高端制造行业的进展，因此对半导体行业维持重仓不变，同时我们增加了通讯行业的持仓，主要是光模块和一些主设备商；增加了电力设备新能源行业的持仓，主要是光伏逆变器。我们的持仓集中在相关行业中有一定市场地位的龙头公司，主要是因为在变化的环境中，他们抗风险的能力更强，也有更多的资源用于研发投入，而不是挣扎在生存的边缘。我们对一些医药公司的持仓已经维持了一年以上，通过持续的跟踪，我们对企业的竞争力保持很强的信心，尽管外部环境变化，可能掩盖了公司的努力和进步，但是相信随着时间的推移，是金子总会发光的。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.685Z","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴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=983502","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82bb","date":"2023-06-29T16:00:00.000Z","stockId":3000000011136,"sao":"2023年上半年，市场中的投资者经历了满怀希望到耐心消磨的变化，伴随着成交量的萎缩，市场归于平静。上半年市场最大的亮点是人工智能相关，但一如A股过往被冠以各种宏大头衔的主题，人工智能相关公司的股价上涨，有多少仅是概念相关，又有多少是实质受益，投资者对此或许并不在意，似乎不加入这场盛宴，就会落后于这个“时代”。但如果真的是堪比蒸汽机，堪比互联网的技术进步，那又何必在乎一朝一夕的得失。本基金的投资策略是长期专注在制造业升级和消费升级两个领域寻找投资机会，我们在半导体细分行业已经持续深耕5年，就是因为相信下一次技术浪潮会在AIoT（人工智能物联网），我们会持续保持关注并挖掘相关投资机会。复盘本基金上半年净值表现，我们错过了一些机会，例如光模块这类明显受益且起点估值较低的行业；我们也把握住了一些机会，如算力芯片相关标的；我们加仓了一些长期看好的医药标的，它们不是上半年的市场热点，同期股价跌幅也较大，但我们依然认为5-10年维度来看当前是非常好的机会。这些年，我们越发感受到A股市场在变化，即定价变得更有效。尽管还是有主题炒作，但主流资产的定价更理性，超额收益的获取更难。一方面，股价对短期的信息反映更充分，但对于主动投资者来说，对行业长期发展的洞见、对公司竞争优势的理解、对管理层主观能动性的判断，是我们获取超额收益的来源。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.683Z","mo":"我们依然预期今年A股市场有望取得正收益。虽然短期刺激性政策的缺乏导致投资人认为经济增长修复低于预期，但政策保持定力，着眼于长期的结构性改革，并牢牢守住不发生系统性风险的底线，对长期来说反而是机会。没有短期刺激意味着短期的弹性不足，但机会可能来自于错误的定价，因此我们需要耐心地等待，等待市场开始纠偏的那一刻。","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴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=955015","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82ba","date":"2023-03-30T16:00:00.000Z","stockId":3000000011136,"sao":"2023年一季度，市场各主要指数均有一定涨幅，其中科创50表现较好，上证50相对较弱，成长风格整体占优。本基金一直以来坚持的投资策略是在代表时代特征的成长行业中精选个股，注重企业中长期的增长潜力和企业家的创新能力。我们把主要的精力都投入在对产业趋势、企业发展的判断上，相对淡化对宏观周期和短期市场情绪的择时。依据行业周期规律判断，TMT各行业预计会在今年陆续见到经营的拐点，开始新的向上周期。恰逢此时点，以chatGPT为代表的大模型作为人工智能的最新成果，给TMT各行业都带来了创新的机会，可能会极大地促进生产力的提升，因此我们给予了很高的关注。在一季度的具体运作中，本基金减持了部分医药行业，加仓了计算机、新能源和机械行业个股，主要的思路是要把握住人工智能带来的投资机会。我们在2019年时曾提到：下一轮科技浪潮是以物联网和人工智能相结合的AIOT为代表。如今人工智能出现了里程碑式的进步，我们一方面紧跟产业的趋势，另一方面积极寻找在中国可以落地的应用，因此加大了对计算机行业的配置。除此以外，我们对长期跟踪的新能源行业做了增持，主要集中在锂电细分的品种。我们认为中国锂电产业链的竞争优势在加强，龙头公司的市场份额还在提升，而之前受制于成本上涨和短期的终端销量波动，股价有所下跌，当前估值处于相对低位，是一个较好的投资机会。最后，我们今年会进一步在策略上做到长短结合，既做一些中长期的布局，也做一些短期的景气投资，争取在波动的市场中给投资人带来更好的回报。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.680Z","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴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=879236","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82b9","date":"2022-12-30T16:00:00.000Z","stockId":3000000011136,"sao":"2022年市场各指数普跌，在美联储加息和中国经济增速不及预期的双重压力下，以成长股为代表的创业板指数跌幅更大。航空、地产、银行等绝对低估值行业的表现相对较好。本基金的投资策略属于高信仰长期多头策略，我们始终专注于选择成长行业中未来的优胜者，因此不以对短期市场波动的判断来调整仓位，不做成长价值的切换。我们认为外部环境的变化虽然短期会使得企业的发展变缓，但优秀公司的相对竞争力是在增强的，在逆境中更能拉开与竞争对手的差距。在全年基金的运作中，我们的换手率降到了历年最低的水平，主要持仓基本没有变化，只是在半导体和医药行业内部，做了个别公司的换仓。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.678Z","mo":"2023年我们认为是宏观经济修复的一年，中长期预期修复的一年，也是外部环境缓和的一年。因此我们对A股市场持乐观积极的看法。行业方面，经历了2022年的下跌，各行业都处在估值的底部区间，因此2023年都有修复的空间，一些成长性行业有望再次获得溢价。我们相对看好受益于制造业投资方向的高端设备、“卡脖子”的半导体行业和具有长期成长性的医药行业。最后，我们相信优秀的企业能够突破万难，靠创新走出新的成长曲线。","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴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=864900","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82b8","date":"2022-09-29T16:00:00.000Z","stockId":3000000011136,"sao":"2022年3季度，市场各主要指数在经过2个多月的反弹后，重新开始下跌，并且录得了较大的跌幅。市场中投资者对全球经济衰退的预期越来越强，局部冲突导致不断抬升的能源成本、美联储持续的加息进程、以及疫情导致的需求疲软，使得各行各业都面临很大的经营压力。我们认为外部环境的变化虽然短期会使得企业的发展变缓，但优秀公司的相对竞争力是在增强的，在逆境中更能拉开与竞争对手的差距。本基金的投资策略属于高信仰长期多头策略，我们始终专注于选择成长行业中未来的优胜者，因此不以短期市场波动来调整仓位。尽管基金净值在三季度表现不佳，但我们对组合做了检视后依然充满信心。本基金在三季度继续稳定持股，换手率较低。对主体持仓，尤其是前十大重仓股做了小幅增持，另外增加了部分创新医疗器械、精密仪器的持仓，对半导体子行业的持仓做了优化。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.675Z","fund":{"_id":300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的变化。基于整体的流动性环境，我们认为市场依然会是板块轮动的行情，我们会继续在自己擅长的领域力争超额收益。在过去两年的时间里，电子行业中的半导体细分领域业绩高速增长消化估值，我们认为核心企业的股价已经到了非常有吸引力的水平，尽管投资者在2021年一度担心产能紧缺的缓解会导致周期见顶，但事实是尽管手机行业的需求在放缓，但总需求依然强劲，供需缺口持续存在。对于医药行业我们认为集采有可能是行业的常态，当投资者习惯了集采后，会发现只要医药板块整体是增长的，就总会存在快速成长的细分领域，即使是集采的领域，竞争结构也在优化，头部企业通过降价获取了数倍的市场份额。随着股价的调整，估值渐趋合理，我们将持续在其中寻找机会。","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴混合型证券投资基金2021年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=707622","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82b4","date":"2021-09-29T16:00:00.000Z","stockId":3000000011136,"sao":"2021年三季度，市场主要指数保持震荡。以化工、煤炭、有色为代表的行业由于产品大幅涨价而驱动股价上涨，消费、医药等行业回调较多。我们没有因为市场的波动而改变自己的方法论，因此并没有参与到如火如荼的周期股行情当中，而是继续检视自己的持仓，并在长期深耕的高端制造业和消费行业中寻找机会。我们认为周期股的上涨，在上半段可以看成是由基本面改善驱动，是对过去低估值的一个修复；在后半段，股价演绎的逻辑是跟着产品涨价走。而常识告诉我们，全球煤炭储量最丰富的国家及全球制造业产能最大的国家，几乎不会出现持续的工业品和资源品涨价现象，通常只会是阶段性的。因此我们冷静地旁观市场的演变。在三季度的具体运作中，本基金对原有持仓做了优化，对于看好的股票在下跌后进一步加仓。因为我们相信基金回报的差异主要是来自于能否重仓投资到极少数的超级成长股。我们增加了对半导体龙头和家电龙头公司的持仓，减持了部分光伏行业的公司。我们会通过更加勤勉的态度和不懈的努力去探求更接近真实的基本面，以量化的手段来控制盈利回撤的幅度，尽量减少犯错的损失，以期能够给投资人创造更理想的收益。","declarationDate":"2021-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.665Z","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴混合型证券投资基金2021年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=650349","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aece4b7fea5b3eb04e82b3","date":"2021-06-29T16:00:00.000Z","stockId":3000000011136,"sao":"2021年上半年，市场主要指数经历了较大的波动。以医药、半导体、光伏和电动车为代表的成长股表现较好，周期股整体上涨后在高位波动。本基金的投资策略是寻找持续创造价值的伟大企业。因为我们相信基金回报的差异主要是来自于能否重仓投资到那些极少数的超级成长股，我们会在顺应时代发展趋势的行业中选择优秀管理层经营的企业。因此，在一季度市场调整时，我们继续建仓光伏和电动车行业的龙头公司，加仓半导体行业的龙头公司，并在二季度的市场低点加快了建仓的速度。报告期内，我们新增了半导体MCU细分行业中有成长潜力的公司，提高了港股的配置比例，以半导体、医药和医疗服务为主。我们反思了在一些新消费领域错过的机会，修正了成见，今后将以更开放的心态去对待变化。我们会通过更加勤勉的态度和不懈的努力去探求更接近真实的基本面，以量化的手段来控制盈利回撤的幅度，希望能够给投资人创造理想的回报。","declarationDate":"2021-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:42:35.662Z","mo":"尽管全球复苏进程会时不时被新冠疫情打断，但总体上各种生产生活已经在有序地恢复，因此要着眼于疫情后那些给经济生活带来长久变化的部分，而不是疫情当前的临时状态。我们发现，数字化、线上化是一个长期的趋势。人工智能越来越多地渗透到生产生活的方方面面，以至于各国政府都开始重视底层数据的规范，开始治理数据的安全使用问题。我们认为疫情后的一个大问题是，全球宽松的流动性何时逆转。这也是始终困扰着投资人的高估值问题的根源。无数的经济学家、机构和研究员就此给出了自己的答案，我们目前的做法是选择投资那些优秀的公司，希望他们能穿越周期，这看似短期回避了估值的问题，但我们也知道能穿越周期的公司是极少数的，大部分公司都是在泡沫中起舞。因此我们也会密切关注宏观的变化，不断调整和筛选组合的成分股。我们始终相信，在实现中华民族伟大复兴的征程中，我们的资本市场也会一同走向繁荣，道路可能会有颠簸，但不妨碍我们长期投资者与优秀企业家同行的决心。","fund":{"_id":3000000011136,"__csrcFundId":8700,"stockCode":"011136","shortName":"广发盛兴混合(011136)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":11136,"masterFundFlag":1,"lastUpdated":"2026-04-30T22:39:39.911Z","status":"normal","name":"广发盛兴混合型证券投资基金","exchange":"jj","inceptionDate":"2021-02-01T16:00:00.000Z","followedNum":9,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发盛兴混合","setUpDate":"2021-02-01T16:00:00.000Z","setUpAssetScale":6580846244.1,"setUpShares":6580846244.1,"pinyin":"gfsxhhxzqtzjj","managers":[{"stockCode":"db20548217","stockType":"fund_manager","exchange":"fm","tickerId":625170210,"name":"费逸"}]},"announcement":{"linkText":"广发盛兴混合型证券投资基金2021年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=628742","linkType":"PDF","source":"csrc_pdf"}}]}