window.pageData = {"stock":{"_id":3000000012944,"name":"广发稳睿六个月持有期混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","exchange":"jj","stockCode":"012944","tickerId":12944,"shortName":"广发稳睿六个月持有期混合C","currency":"CNY","inceptionDate":"2021-09-15T16:00:00.000Z","fundCollectionId":4000050300000,"followedNum":1,"status":"normal","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3664656922.01,"setUpShares":3664656922.01,"masterFundFlag":null,"activeFundFlag":null,"classificationFlag":null,"closedEnd":null,"etfFundFlag":null,"feederFundFlag":null,"indexFundFlag":null,"lofFundFlag":null,"pensionTargetFlag":null,"pinyin":"gfwrlgycyqhhxzqtzjj","memoNum":1,"fundCollection":{"exchange":"jjgs","stockType":"fund_collection","stockCode":"50300000","tickerId":50300000,"name":"广发基金管理有限公司"},"managers":[{"name":"王予柯","stockType":"fund_manager","stockCode":"db20346687","exchange":"fm","tickerId":232511154730}],"hotMetrics":{"fss":{"stockId":3000000012944,"type":"fss","f_s_s_d":"2024-06-29T16:00:00.000Z","f_ins_h_s_r":0.006,"f_ind_h_s_r":0.9940000000000001,"f_h_a":9618,"f_h_s_a":79241,"f_ind_h_s_r_c_1y":0.0029000000000001247,"f_ind_h_s_r_c_hy":-0.0012999999999998568,"f_ins_h_s_r_c_1y":-0.0029,"f_ins_h_s_r_c_hy":0.0013000000000000008,"last_data_date":"2025-12-30T16:00:00.000Z"},"fpr":{"stockId":3000000012944,"type":"fpr","f_p_r_fys_ssc":8993,"f_p_r_fys_ssrp":0.7289813167259787,"f_p_r_m1_ssc":9213,"f_p_r_m1_ssrp":0.813504125054277,"f_p_r_m3_ssc":9089,"f_p_r_m3_ssrp":0.5681117957746479,"f_p_r_m6_ssc":8808,"f_p_r_m6_ssrp":0.8318383104348813,"f_p_r_y1_ssc":8330,"f_p_r_y1_ssrp":0.9040701164605595,"f_p_r_y2_ssc":7721,"f_p_r_y2_ssrp":0.7683937823834197,"f_p_r_y3_ssc":6925,"f_p_r_y3_ssrp":0.560369728480647,"f_cagr_p_r_fs_ssc":9139,"f_cagr_p_r_fs_ssrp":0.5979426570365507},"fp":{"stockId":3000000012944,"type":"fp","f_p_r_fys":0.0197539131162634,"f_p_r_m1":0.005861955085865178,"f_p_r_m3":0.014404662781015709,"f_p_r_m6":-0.00016413623307343084,"f_p_r_y1":0.030536288276095336,"f_cagr_p_r_fs":0.04343123342999933,"f_p_r_d1":-0.0014485344239946185,"f_p_r_y2":0.12493074792243775,"f_p_r_y3":0.1763058800811046,"last_data_date":"2026-05-07T16:00:00.000Z"},"ff":{"stockId":3000000012944,"type":"ff","f_m_f":3431081,"f_m_f_r":0.007,"f_c_f":735231,"f_c_f_r":0.0015,"f_m_a_c_f":4166312,"f_m_a_c_f_r":0.0085,"f_m_c_f_d":"2024-06-29T16:00:00.000Z","f_c_fr":0.0015,"f_fr_d":"2025-05-25T16:00:00.000Z","f_m_fr":0.007,"f_mac_fr":0.0085},"f_nlacan":{"stockId":3000000012944,"type":"f_nlacan","f_nv_d":"2026-05-07T16:00:00.000Z","f_nv":1.2183,"f_nv_cr":-0.0004102395799148173},"f_as":{"stockId":3000000012944,"type":"f_as","f_tas":425072654.83070004,"f_tas_d":"2026-03-30T16:00:00.000Z"}},"masterSlaveFunds":[{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj"}],"shareholdings":[{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":600674,"holdings":4317639,"marketCap":64289644,"netValueRatio":0.0393,"quarterlyChange":0.07122302158273452,"stock":{"stockCode":"600674","exchange":"sh","stockType":"company","tickerId":600674,"name":"川投能源"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":600886,"holdings":4528900,"marketCap":64129224,"netValueRatio":0.0392,"quarterlyChange":0.07926829268292712,"stock":{"stockCode":"600886","exchange":"sh","stockType":"company","tickerId":600886,"name":"国投电力"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":1000000000000941,"holdings":729935,"marketCap":51011866,"netValueRatio":0.0312,"quarterlyChange":-0.031211750305996988,"stock":{"stockCode":"00941","exchange":"hk","stockType":"company","tickerId":941,"name":"中国移动"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":1000000000000857,"holdings":4464000,"marketCap":42371004,"netValueRatio":0.0259,"quarterlyChange":0.2828162291169447,"stock":{"stockCode":"00857","exchange":"hk","stockType":"company","tickerId":857,"name":"中国石油股份"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":1000000000000700,"holdings":94100,"marketCap":40213427,"netValueRatio":0.0246,"quarterlyChange":-0.19198664440734592,"stock":{"stockCode":"00700","exchange":"hk","stockType":"company","tickerId":700,"name":"腾讯控股"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":1000000000001816,"holdings":9312000,"marketCap":28941547,"netValueRatio":0.0177,"quarterlyChange":0.20136518771331113,"stock":{"stockCode":"01816","exchange":"hk","stockType":"company","tickerId":1816,"name":"中广核电力"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":1000000000002020,"holdings":392800,"marketCap":26254482,"netValueRatio":0.016,"quarterlyChange":-0.06021104903786456,"stock":{"stockCode":"02020","exchange":"hk","stockType":"company","tickerId":2020,"name":"安踏体育"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":600900,"holdings":881400,"marketCap":23833056,"netValueRatio":0.0146,"quarterlyChange":0.002433075036404553,"stock":{"stockCode":"600900","exchange":"sh","stockType":"company","tickerId":600900,"name":"长江电力"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":603393,"holdings":651434,"marketCap":23445109,"netValueRatio":0.0143,"quarterlyChange":0.35351635953365923,"stock":{"stockCode":"603393","exchange":"sh","stockType":"company","tickerId":603393,"name":"新天然气"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockId":2001,"holdings":677732,"marketCap":23415640,"netValueRatio":0.0143,"quarterlyChange":0.37157602223104447,"stock":{"stockCode":"002001","exchange":"sz","stockType":"company","tickerId":2001,"name":"新和成"}}],"bondHoldings":[{"_id":"69e8fa831398d79843002388","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockCode":"019743","stockName":"24国债11","holdings":4000000,"marketCap":420039342,"netValueRatio":0.2566,"lastUpdated":"2026-04-22T16:42:43.087Z"},{"_id":"69e8fa831398d79843002389","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockCode":"019788","stockName":"25国债16","holdings":4000000,"marketCap":401061917,"netValueRatio":0.245,"lastUpdated":"2026-04-22T16:42:43.091Z"},{"_id":"69e8fa831398d7984300238a","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockCode":"220003IB","stockName":"22附息国债03","holdings":2300000,"marketCap":246253312,"netValueRatio":0.1504,"lastUpdated":"2026-04-22T16:42:43.095Z"},{"_id":"69e8fa831398d7984300238b","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockCode":"019721","stockName":"23国债18","holdings":2000000,"marketCap":212403287,"netValueRatio":0.1297,"lastUpdated":"2026-04-22T16:42:43.100Z"},{"_id":"69e8fa831398d7984300238c","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000012943,"stockCode":"230210IB","stockName":"23国开10","holdings":1000000,"marketCap":109185972,"netValueRatio":0.0667,"lastUpdated":"2026-04-22T16:42:43.103Z"}]},"list":[{"_id":"69e8eb8b1398d79843fe93e2","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","stockId":3000000012943,"sao":"2026年一季度，中国经济延续原有态势，外需强于内需，GDP实际值表现好于名义值。虽然经济数据有所改善，但考虑到突发的中东战争等因素，未来经济的不确定性仍然较大。战争对能源价格的冲击幅度很难预测，对全球经济增长不利，还会限制各国央行的降息空间、推迟降息预期，增加金融市场流动性的不确定性。受此影响，一季度股票市场冲高回落，而债市收益率自年初以来小幅下行。报告期内，本基金继续坚持杠铃策略。考虑到市场不确定性增大，股票资产维持一个防守比进攻更多的杠铃结构，防守端行业选择电力、通信运营商等，进攻端行业选择游戏、可选消费、油气、化工等。债券资产配置以利率债久期策略为主。","lastUpdated":"2026-04-22T15:38:51.890Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2026年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1471166","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69cac9a340924dd8ca638eea","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-03-29T16:00:00.000Z","stockId":3000000012943,"sao":"2025年，中国的经济延续原有态势，外需强于内需，GDP实际值表现好于名义值。相较经济基本面的稳定，对A股叙事的变化更为明显：伴随着DeepSeek的出现，以及关税政策的短期冲击可控，乐观叙事不断加强，A股创下近10年高点。债市方面，全年债市收益率下行乏力，上冲有顶，整体低位区间震荡，但仍有几次区间波段机会。报告期内，本基金继续坚持攻守平衡的杠铃策略，股票资产的防御端选择电力、通信运营商等行业；进攻端全年重点把握了铜、石化、游戏、电商等行业及个股机会。债券资产以利率债久期策略为主。","lastUpdated":"2026-03-30T19:06:11.708Z","mo":"展望2026年，内外需的不确定性仍构成市场潜在风险，杠铃策略仍是我们应对不确定性的投资框架。具体而言，防御端选择投资一些需求稳定的行业，中期可以为组合提供稳定的收益。进攻端基于性价比目前选择了游戏、油气资源等顺周期行业。债券方面，预计债市的基本面仍有支撑，存在中期配置价值。我们将在此基础上继续优化资产配置，寻找经济转型过程中的结构性机会。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1448847","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501022","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000012943,"sao":"2025年三季度，国内主要经济活动数据较二季度有所放缓，但出口放缓幅度好于预期，金融部门由于股市上涨对经济有一定拉动。房地产行业仍处于底部盘整，预计实际GDP表现继续好于名义GDP。三季度，国内股票市场加速上行，AI链、全球定价的资源品等板块表现亮眼。债市在股市上涨等因素影响下收益率震荡上行。报告期内，本基金在债券配置上仍以利率品种为主，在9月开始小幅提升组合久期。在股票配置上，组合维持了杠铃策略，防守端配置公用事业、通讯等，进攻端配置互联网、有色金属及石化等顺周期行业，在9月份对部分上涨幅度较快的行业进行了止盈，调换为更有性价比的标的。","lastUpdated":"2026-03-09T13:48:37.750Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2025年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1372904","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501021","date":"2025-06-29T16:00:00.000Z","stockId":3000000012943,"sao":"2025年上半年，国内经济活动数据超出市场预期，出口、消费表现较好，房地产行业底部盘整，实际GDP表现好于名义GDP的表现。二季度开始，特朗普关税政策的反复无常成为关注焦点。市场方面，虽然受关税政策影响，股市一度在二季度快速下行，但随后逐步反弹企稳。债市上半年收益率先上后下，后期在资金面持续宽松下维持窄幅震荡。报告期内，本基金在债券配置上仍以利率品种为主，组合久期先下后上，在3月中下旬小幅提升组合久期。在股票配置上，组合维持了杠铃策略，防守端配置公用事业、通讯等，进攻端配置互联网、有色金属及少量顺周期行业，同时寻找更有性价比的品种优化组合。","declarationDate":"2025-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.747Z","mo":"本基金的目标是通过维持一个攻守平衡、适度对冲的股债组合，寻找经济转型过程中的结构性机会。在我们的框架中，最本质的收益来自于资产的内在回报率，如果我们纳入组合的每一笔资产都有合适的内在收益率，组合的长期收益一定会得到保证。杠铃结构则通过配置不同类型的资产，进一步控制短期波动，提高持有体验。展望未来一段时间，美国历史性的高关税和极端的不确定性将出现在经济数据中，在这种环境下杠铃策略仍然是较好的应对思路，我们将在前述框架的基础上构建组合，持续优化资产配置。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1343341","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501020","date":"2025-03-30T16:00:00.000Z","stockId":3000000012943,"sao":"2025年一季度，国内经济活动数据超出市场预期，PMI指数连续运行在扩张区间。房地产行业表现略好于预期，尤其是一线重点城市的二手房交易。预计一季度实际GDP表现将好于名义GDP的表现。市场方面，DeepSeek的成功刺激了一系列产业趋势，股票受产业趋势推动，科技成长方向表现亮眼，非科技方向的股票表现相对逊色。债券方面，资金面持续偏紧，债券收益率先下后上。报告期内，债券方面，本基金适度降低了组合久期，增加逆回购占比；股票方面，本基金仍然维持了杠铃策略，防守端以公用事业为主，进攻端配置互联网龙头、有色金属及部分低估的顺周期行业。","declarationDate":"2025-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.744Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2025年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1266103","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb050101f","date":"2024-12-30T16:00:00.000Z","stockId":3000000012943,"sao":"2024年，经济环境依然复杂。股票市场大幅震荡后在三季度末快速上行，之后又在高位震荡，股票市场经历了风格的明显切换。债券市场收益率全年不断下行，虽然三季度末股市大涨一度给债市带来较大回调压力，但最终未能改变收益率大幅下行的趋势，四季度债市收益率加速下行。全年来看，股市方面逆周期的公用事业类股票表现突出，债市方面超长端和长端利率债表现较好。报告期内，本基金在股债配置以及股票的行业配置上维持了攻守平衡、适度对冲的杠铃型策略，在杠铃的防守端配置了精选红利策略和长端利率债，杠铃的进攻端配置了质量类和成长类的优质公司，从运作结果上看，杠铃结构有助于把握住全年资产配置的主线及市场的阶段性机会。","declarationDate":"2025-01-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.742Z","mo":"本基金的目标是维持一个攻守平衡、适度对冲的股债组合，寻找经济转型过程中的结构性机会。内外部因素交织影响下，预计2025年的投资环境将持续复杂，展望未来一段时间，杠铃策略或将依然适合复杂的宏观环境。由于股债赔率都有所下降，未来需要更加注重区间交易、重视赔率，高位不上头、低位不恐慌，继续优化股债资产的配置。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=1250813","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb050101e","date":"2024-09-29T16:00:00.000Z","stockId":3000000012943,"sao":"2024年三季度，股票市场和债券市场在延续各自原有趋势近一个季度后，在季度末迎来了较大的波动期。受政策利好驱动，市场悲观预期大幅向上修正，股市在三季度最后一周大幅上涨，与此同时，债券收益率有所上行。报告期内，本基金在股债配置上维持了攻守平衡、适度对冲的杠铃型策略。具体来说，股票部分增持了中期竞争优势明确、估值有吸引力的公司股票，减持了少量快速上涨的股票，整体股票仓位有所下降。债券部分整体维持了组合久期。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.739Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=1174972","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb050101d","date":"2024-06-29T16:00:00.000Z","stockId":3000000012943,"sao":"2024年上半年，股票市场呈现震荡走势，虽然整体指数变动不大，上证指数和年初水平差不多，但内部板块和风格经历了明显切换。债券市场收益率不断下行，二季度一度有所震荡，短暂回调后仍然继续下行。从结构上看，股市方面逆周期的公用事业类股票继续表现抢眼，债市方面超长端和长端利率债表现较好，尽管半年末波动一度加大。报告期内，本基金在股债配置以及股票行业配置上维持了攻守平衡、适度对冲的杠铃型策略。股票部分对持续上涨的公用事业股票少量止盈，对中期竞争优势明确、估值有一定吸引力的公司增加配置。债券部分随着市场上涨，小幅降低组合久期，但相较市场同类产品，整体仍然保持了较高久期。","declarationDate":"2024-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.736Z","mo":"资本市场上任何一种看似阿尔法的策略都是周期现象，会随着市场资本的进入呈现供需关系逆转，进而发生波动和回撤，以2021年三季度为分水岭，传统主流投资机构热衷的成长（各种景气策略、景气轮动）和质量（优质龙头股）策略失效，低估值因子、红利因子的表现正好与之互为镜像。本基金的目标是维持一个攻守平衡、适度对冲的股债组合，寻找经济转型过程中的结构性机会。防守一端，我们偏好逆周期属性和绝对收益属性，我们选择了可持续的红利股以及长久期债券，在今年上半年这部分表现不错。而在进攻端，我们将逐步增加质量和成长类股票，期待这一部分在未来为组合带来更好的回报。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=1144852","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb050101c","date":"2024-03-30T16:00:00.000Z","stockId":3000000012943,"sao":"2024年一季度，股票市场一度大幅调整，债券市场收益率大幅下行，随着股市企稳反弹，债市也逐步转为窄幅震荡。全季来看，股市方面逆周期的公用事业类股票表现抢眼，债市方面超长端和长端利率债表现最好。报告期内，本基金在配置上保持攻守平衡、适度对冲。防守一端的公用事业、长期利率债经过前期上涨累积有一定的止盈动力，操作上以持有或适度止盈为主；进攻一端继续配置一些和地产周期关系较弱的行业，优先考虑从中期角度看，竞争优势明确、估值有一定吸引力的公司。","declarationDate":"2024-04-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.733Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=1065257","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb050101b","date":"2023-12-30T16:00:00.000Z","stockId":3000000012943,"sao":"2023年全年基本面形势复杂，股票市场先涨后跌，债市全年上涨。全年来看，本基金在债券资产方面维持了相对较高的利率债久期。在股票资产方面，本基金维持了较高的股票仓位，在行业选择上偏向供给格局好、估值较低的行业，较好地把握了市场的主要矛盾，配置上契合了市场整体风格。","declarationDate":"2024-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.731Z","mo":"鉴于基本面形势复杂，投资者需对宏观环境的变化提高警惕，并据此调整自身投资久期和风险敞口，多寻找经济转型中的结构性机会。具体来看，股票市场方面，我们看好类公用事业行业、财富管理行业，以及经历过充分调整后具备更高性价比的白马股。债券市场方面，长期利率债对于构建攻守平衡的偏债混合组合而言，是非常好的配置品种。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=1051828","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb050101a","date":"2023-09-29T16:00:00.000Z","stockId":3000000012943,"sao":"2023年三季度，基本面形势复杂，市场人心浮动，围绕着稳增长政策落地情况进行博弈。一方面股票市场震荡，出现利好兑现即下跌的博弈状态。另一方面，债市先强后弱，收益率呈现“V”型走势，但整体仍呈现上涨趋势。国际方面，美国经济韧性超出预期，市场上调了美国今年的经济展望，与此同时10年期美债收益率不断挑战前高，对国内资本市场的外部流动性再度构成挑战。本基金的策略是构建一个攻守平衡的长期价值组合。围绕这一策略，本季度组合在债券方面保持了较高的债券久期，同时在收益率低点进行了适度止盈。在股票方面，由于处于经济转型期，我们看好部分结构性机会，同时注意攻守平衡。具体来看，组合继续配置了财富管理、电力运营等经济周期属性不同的行业，同时在三季度低点小幅增配了医药等行业的标的，尤其是一些估值较为便宜且有前景的品种。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.728Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=983442","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501019","date":"2023-06-29T16:00:00.000Z","stockId":3000000012943,"sao":"2023年上半年，随着人员流动的迅速恢复，国内经济延续了2022年11月以来的修复态势，但从4月份开始，经济修复态势出现拐点，5月至6月回落压力进一步增大，其中一个表现是二季度GDP增速低于市场预期。在此背景下，债券资产整体表现良好，二季度中长端债券表现尤其突出。股票资产整体承压，除了AI相关等板块表现亮眼外，多数板块在二季度都有不同程度回撤。我们在2022年年底认为2023年经济将处于弱复苏格局，因此股票和债券都有结构性机会，因此报告期内本基金在债券方面维持了较长的久期配置，在股票方面则重点配置了公用事业、电信运营商、财富管理等行业，把握住了结构性机会。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.725Z","mo":"展望未来半年，我们觉得在弱复苏背景下仍然存在结构性机会。股票方面，我们着重从低估值股票中寻找估值修复机会。从2022年下半年开始，此类低估值行业开始跑赢市场，展望未来这一策略并不以估值作为配置的唯一参考因子，而是同时考虑宏观经济的位置及行业产能的周期，选择“便宜且有前途”的行业，这类行业在经济转型过程中有中长期逻辑，结构市中有望持续跑赢。债券方面，弱复苏背景下长端利率仍有空间，但短期需要注意情绪过度演绎。未来组合考虑通过国债期货对冲等方式降低回撤风险。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=954962","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501018","date":"2023-03-30T16:00:00.000Z","stockId":3000000012943,"sao":"一季度，国内经济随着人员流动的快速恢复有所复苏，但地产销售的恢复及消费的复苏都仍需一定时日，市场也逐步认识到这将是一轮弱复苏，叠加美债收益率反弹，外部流动性有所收紧等不利因素，股票市场从普涨变为交易各种主题机会。债市方面，年初资金面紧张，债市有所回调，但随着两会经济增长目标的确定以及受货币政策意外降准等因素刺激，本季度债市收益率整体震荡下行。本季度，在经济弱复苏的背景下，权益方面，本基金重点配置了成长逻辑与地产复苏低相关、符合未来中国经济发展方向的资产，例如电力运营商、通信运营商、财富管理等相关行业，这些行业的一个普遍特点是过去盈利受损，估值处于低位，但未来盈利能力将迎来修复，受损的估值也有较大的修复空间。债券方面，本基金严控债券信用风险，通过选择中等偏长的债券久期来获取期限利差收益。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.722Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=879306","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501017","date":"2022-12-30T16:00:00.000Z","stockId":3000000012943,"sao":"2022年一季度到二季度初，在内外部风险因素导致股市大跌的过程中，我们控制了组合仓位。自5月起，在经济增速下行、流动性宽松的背景下，我们看好财富管理、电力运营商、高分红电信运营商、汽车零部件等行业，组合增加权益仓位。在7月初开始的债市调整过程中，组合拉长了债券久期。到8月份，随着重点配置的行业板块的上涨，以及央行超乎市场预料的降息，股债双涨，对净值贡献非常明显。但当时有一个因素大幅超出我们的预计，十年期美债收益率从8月开始大幅上行，从3%迅速上升到4%的水平，最高点至4.25%，外部流动性大幅紧缩，叠加国内地产疲弱、疫情等因素影响，股票大幅下跌，特别是港股市场跌幅远超预期。由美债收益率大幅上行引发的这波调整非常急促，而这些行业的基本面都没有实质变化，甚至引发调整的事件在事后都被证伪，同时这些行业的估值非常便宜，只是由内外部因素共振，市场偏好急剧恶化导致的急跌。我们判断美债利率在4%的水平不可持续，因此在底部区域只对部分基本面确实进一步恶化的个股进行了减仓，同时基于弱复苏、宽货币的判断维持了组合的利率债久期。11月开始，美债利率大幅下行，能源价格下跌，反映全球需求走弱的预期，11月底疫情政策优化，市场情绪开始回暖，我们坚定持有的财富管理、电力运营等行业股价反弹幅度位居前列，净值开始修复。同时随着年末赎回因素逐步过去，债市调整也告一段落。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.719Z","mo":"我们预期2023年经济处于弱复苏过程中，流动性将保持宽松，债券和股票都将有结构性机会。股票方面，我们相对看好通信运营、电力公用事业、财富管理等行业的结构性机会，综合考虑行业前景、估值和机构持仓拥挤度等因素，这些板块性价比凸显。同时我们也看好电动车等行业的成长空间。债券方面，我们看好债券资产，特别是收益率曲线的期限利差较高，长期利率债存在投资价值。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=864685","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501016","date":"2022-09-29T16:00:00.000Z","stockId":3000000012943,"sao":"三季度，伴随着7月地产销售显著回落、楼市“断供潮”发酵、疫情反复以及7月PMI显著低于预期等事件的发生，市场对经济的预期向下修正，对应的是利率债上涨、股市下跌，其中受疫情和地产政策影响最大的消费出行链及地产链跌幅靠前。市场在资产荒逻辑下追逐景气行业，光伏、新能源车等赛道的资产在6月大幅反弹，进入7月后权重标的逐步进入横盘，资金进而在景气行业内部追逐小盘成长股，随后市场进入价值、成长风格再平衡阶段。美联储在9月22日加息75bp，虽然符合市场预期，但是会议整体进一步强化了市场对于持续超预期加息的预期，随后英国在联储加息过程中宽松财政政策、减税，导致英国利率大幅上行，带动美债也快速上行，体现出复杂系统相互加强的特征。报告期内，组合在股票方面配置了与地产链相关度较低的景气行业，债券方面配置了长久期利率债。基于8月市场风格处于再平衡进行时，电力及财富管理行业降费等行业事件带来的冲击是短期扰动的判断，组合依据中期逻辑适当进行了加仓。但从9月22日开始，美债收益率、美元指数上行加剧了行业的调整，持仓的长期债券资产也受此影响，组合净值有所回调。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.717Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2022年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=805487","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501015","date":"2022-06-29T16:00:00.000Z","stockId":3000000012943,"sao":"上半年，经济局势呈现“外热内冷”的局面。一方面，海外通胀高企，各国开始加息缩表；另一方面，国内经济受疫情等因素影响整体偏冷。市场表现上，债券市场冲高回落，股票市场见底反弹，两大市场的表现均反映了投资者对疫情影响减弱、经济动能修复的预期。报告期内，组合增加了利率债投资的占比，拉长了整体的久期和杠杆，同时提升了股票仓位，加仓方向为财富管理、新能源运营、汽车零部件等。","declarationDate":"2022-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.714Z","mo":"展望下半年，由于中美经济周期错位，当前位置逐渐开始有利于国内资产，目前股债资产都有结构性机会。基于以上判断，权益方面，我们将关注一些基本面受地产链影响较小、符合未来经济结构调整方向、估值合理甚至很便宜的行业板块。债券方面，我们重视信用风险，布局长久期利率债。总而言之，我们在选择投资方向上，既考虑经济发展方向，也综合考虑各类资产的性价比。当下符合这两个原则的资产有很多，我们将积极把握机会。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=779994","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501014","date":"2022-03-30T16:00:00.000Z","stockId":3000000012943,"sao":"2022年一季度，国内经济疲弱，内部流动性宽松，海外通胀压力持续，面临外部流动性可能收紧的风险。而俄乌战争是新增的外部地缘风险因素，短期内推升了通胀压力，增加了中长期的不确定性，市场情绪和产品交易结构的负反馈机制进一步放大了这些风险因素，导致市场一度出现股债双杀的局面。本季度，我们继续在控制回撤的基础上积极寻找市场机会。股票方面，组合维持了中性仓位，对下跌后估值与业绩相匹配、同时长期前景看好的一些行业进行了重点配置。债券方面，组合维持了对高等级信用债的配置，同时保持了一定的利率久期，目的是综合股票和债券两类资产的特性，使组合获得相对平衡的攻守特性。","declarationDate":"2022-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.711Z","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期混合型证券投资基金2022年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=721678","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecfb57fea5b3eb0501013","date":"2021-12-30T16:00:00.000Z","stockId":3000000012943,"sao":"2021年是近三年来市场情况最复杂的一年，在疫情反复的背景下，新增了很多来自行业政策的扰动因素，经济整体先上后下，与之相对应，债券市场利率在3月中旬开启下行，在7月确认进入货币宽松周期后加速下行。股市方面，与以往经济下行周期中周期行业表现不佳相反，在相关行业政策的影响下，钢铁、煤炭、化工等行业涨幅靠前，另外，电动车、光伏等高端制造板块延续了2020年的行情，表现较好，而消费、互联网等行业表现不佳。在组合操作上，建仓初期股票维持中低仓位配置，结构上主要在政策托底经济的方向进行布局。债券上，我们维持了以票息策略为主、久期交易为辅的策略。","declarationDate":"2022-01-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:48:37.709Z","mo":"展望2022年，国内经济将面临下行压力已成为市场共识，预计内部流动性宽松。另一方面，美国受通胀压力影响处于加息周期，外部流动性收紧，将构成一定风险因素。但在稳增长政策陆续出台的背景下，股市机会相较2021年将趋向于均衡，沿着政策托底经济的方向，景气度修复的低估值行业、稳增长地产基建链条以及高位下跌后的高景气度赛道资产或都存在一定的机会。债券市场方面，后续预计仍有降息降准的可能，也存在一定的交易机会。我们将继续密切跟踪市场动向，从资产的风险收益性价比出发，争取为投资者获取长期稳健收益。","fund":{"_id":3000000012943,"__csrcFundId":9884,"stockCode":"012943","shortName":"广发稳睿六个月持有期混合(012943)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":12943,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:33:13.031Z","status":"normal","exchange":"jj","name":"广发稳睿六个月持有期混合型证券投资基金","fundCollectionId":4000050300000,"inceptionDate":"2021-09-15T16:00:00.000Z","followedNum":2,"masterFundShortName":"广发稳睿六个月持有期混合","setUpDate":"2021-09-15T16:00:00.000Z","setUpAssetScale":3446057117.04,"setUpShares":3446057117.04,"pinyin":"gfwrlgycyqhhxzqtzjj","managers":[{"stockCode":"db20346687","stockType":"fund_manager","exchange":"fm","tickerId":232511154730,"name":"王予柯"}]},"announcement":{"linkText":"广发稳睿六个月持有期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=707648","linkType":"PDF","source":"csrc_pdf"}}]}