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国内经济逐步好转，货币政策大幅收紧的概率较低，A股市场中期依然向好。考虑到国内经济大概率呈现弱复苏，下半年出口有放缓的压力，以及国内通胀上行的影响，本基金管理人认为市场单边上涨难以持续，市场大概率转向挖掘结构性机会。在结构性行情中，随着新能源行业的大幅上涨，除了继续挖掘这一领域新的变化，我们也看好基本面好转滞后一些的信息科技板块，确定性较强的自主可控领域，基建地产产业链也会有阶段性机会。考虑到供求关系的变化，部分上游资源类行业仍需保持重视。","fund":{"_id":3000000013910,"__csrcFundId":10363,"stockCode":"013910","shortName":"兴业兴睿两年持有期混合(013910)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":13910,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:59:19.502Z","status":"normal","exchange":"jj","name":"兴业兴睿两年持有期混合型证券投资基金","fundCollectionId":4000050810000,"masterFundShortName":"兴业兴睿两年持有期混合","inceptionDate":"2021-12-20T16:00:00.000Z","followedNum":1,"setUpDate":"2021-12-20T16:00:00.000Z","setUpAssetScale":5186101520.47,"setUpShares":5186101520.47,"pinyin":"xyxrlncyqhhxzqtzjj","managers":[{"stockCode":"db20774817","stockType":"fund_manager","exchange":"fm","tickerId":2608204600,"name":"邹慧"}]},"announcement":{"linkText":"兴业兴睿两年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=784462","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0607fea5b3eb050c0e0","date":"2022-03-30T16:00:00.000Z","stockId":3000000013910,"sao":"一季度对于A股市场是较为艰难的时期，美联储开始收紧货币政策，突发的战争加剧了全球的割裂以及通胀预期的抬升，国内疫情反复加大了保持经济较快增长的难度，也给上市公司盈利能力带来了新的挑战，基金发行放缓以及外资流入减少给资金面带来了压力。整个一季度万得全A指数涨幅为-13.92%，是2016年熔断之后表现最差的一个季度，从市场风格来看，价值类股票表现好于成长类股票，从行业表现来看，抗通胀的资源类行业以及与稳增长相关的部分行业表现较好，而电子、汽车、家电等中游制造业受到需求下滑和成本上升的双重挤压表现落后。报告期内本基金处于建仓期，基于相对谨慎的判断，本基金保持了较为稳健的逐步建仓节奏，行业和个股较为分散，但总体来看对于市场估值压缩的准备不足，成长风格占比较高，价值类型股票配置比重较低，基金净值有一定的损失。展望后市，本基金管理人认为外部环境依然不容乐观，美联储紧缩的政策以及通胀的压力可能还将持续，但国内疫情影响有望逐步趋缓，稳增长的措施将逐步生效，市场有望迎来震荡筑底的阶段，本基金也将继续保持稳健的建仓节奏，在重视抗通胀以及稳增长板块的同时寻找因为短期压力被错杀的成长股，为未来布局。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:51:28.720Z","fund":{"_id":3000000013910,"__csrcFundId":10363,"stockCode":"013910","shortName":"兴业兴睿两年持有期混合(013910)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":13910,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T23:59:19.502Z","status":"normal","exchange":"jj","name":"兴业兴睿两年持有期混合型证券投资基金","fundCollectionId":4000050810000,"masterFundShortName":"兴业兴睿两年持有期混合","inceptionDate":"2021-12-20T16:00:00.000Z","followedNum":1,"setUpDate":"2021-12-20T16:00:00.000Z","setUpAssetScale":5186101520.47,"setUpShares":5186101520.47,"pinyin":"xyxrlncyqhhxzqtzjj","managers":[{"stockCode":"db20774817","stockType":"fund_manager","exchange":"fm","tickerId":2608204600,"name":"邹慧"}]},"announcement":{"linkText":"兴业兴睿两年持有期混合型证券投资基金2022年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=727344","linkType":"PDF","source":"csrc_pdf"}}]}