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现较大调整，1年期中债同业存单(AAA)到期收益率从最低约1.54%左右上行至2.00%以上；3月中旬至5月初，央行释放宽松信号、降准降息各1次，加上美国关税政策落地，同业存单到期收益率下行至阶段性低点；5月初至6月末，中美关税摩擦有所缓和，央行通过增加买断式逆回购投放频次以及前置投放维持资金面合理充裕，债券市场转向震荡。上半年，3个月、6个月、1年期中债同业存单(AAA)估值收益率分别上行约0bp、2bp、5bp。与OMO利率相比，当前同业存单的收益率有较高的套息价值，配置价值显现。本基金密切跟踪指数，并根据成份券变更和规模的变动进行小幅的调整，有效实现了对指数的跟踪。","declarationDate":"2025-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.441Z","mo":"上半年经济指标平稳运行，尽管中美关税摩擦持续，但出口和内需仍然展现出一定韧性。上半年经济增速完成目标，国内经济复苏基础不断积累。展望下半年，在行业“反内卷”背景下，价格指标可能在低位企稳，但价格指标和经济数据向上弹性较大程度上取决于需求端。目前供给侧政策已率先发力，密切关注是否有需求侧政策新增或接续。从短期来看，6月社会消费品零售总额增速有所放缓，内需复苏势头还需进一步巩固。此外，中美关税谈判尚未落地，海外主要经济体的景气度也出现一定程度回落。在抢出口效应退坡后，下半年出口能否维持韧性尚待观察。整体而言，基本面积极向好的态势不变，但复苏过程可能难以一蹴而就。因此，宽松的货币环境仍是未来不可或缺的，叠加物价数据和信贷需求偏弱在未来或将延续，债市中长期趋势尚未逆转。另一方面，与去年单边牛市不同，今年债券市场已经进入“低利率+薄利差”的环境，市场波动可能有所加大，收益率可能在震荡中纠结下行。投资者持有体验可能不如去年，但市场波动本是投资过程中不可避免的一部分，投资者可以把握每次市场调整机会进行配置。央行重视银行的净息差，多措并举引导银行负债成本下行。同业存单作为银行同业负债的重要组成部分，收益率大概率仍有下行空间。本基金为被动型指数基金，我们将进一步优化既有的跟踪策略，注重保持组合的流动性，有效跟踪标的指数。","fund":{"_id":3000000014430,"__csrcFundId":10541,"stockCode":"014430","shortName":"南方中证同业存单AAA指数7天持有(014430)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":14430,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:12:51.719Z","status":"normal","exchange":"jj","name":"南方中证同业存单AAA指数7天持有期证券投资基金","fundCollectionId":4000050020000,"masterFundShortName":"南方中证同业存单AAA指数7天持有","blackenedNum":0,"inceptionDate":"2021-12-19T16:00:00.000Z","followedNum":13,"setUpDate":"2021-12-19T16:00:00.000Z","setUpAssetScale":8127478403.95,"setUpShares":8127478403.95,"pinyin":"nfzztycdaaazs7tcyqzqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20158813","stockType":"fund_manager","exchange":"fm","tickerId":240324121080,"name":"夏晨曦"},{"stockCode":"db20748022","stockType":"fund_manager","exchange":"fm","tickerId":2610204910,"name":"朱佳"}]},"announcement":{"linkText":"南方中证同业存单AAA指数7天持有期证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1351594","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0b67fea5b3eb0511b56","date":"2025-03-30T16:00:00.000Z","stockId":3000000014430,"sao":"宏观经济层面，1-2月经济数据呈现弱复苏的态势。制造业PMI2月和3月读数均回升至荣枯线以上。市场普遍关注的房地产销售数据有低位企稳迹象，特别是一线城市二手房成交并不弱。经济基本面进一步下滑风险有所缓释。但1-2月CPI同比下滑0.1%；PPI同比下滑2.2%，价格信号依然偏弱。值得注意的是，美国经济动能走弱、加上对华关税政策超预期落地，对出口增速的影响可能在二季度进一步显现，经济复苏难以一蹴而就，未来财政对经济的托底作用将愈发重要。货币政策层面，央行一季度没有调整存款准备金率和公开市场逆回购利率，在政府债发行提速、银行同业存款流失的背景下，资金价格中枢有一定抬升。3月下旬起央行频频释放暖意，修改MLF招标模式客观上起到了降低银行负债成本的作用，加上央行在多个场合表态择机降准降息，表明货币政策取向并未改变，外部事件冲击可能促使增量货币政策落地。市场层面，一季度收益率总体上行。股市回升叠加资金面边际收敛的背景下，市场对货币政策的宽松预期有所回摆，债市出现一定程度调整。报告期内，银行间隔夜回购加权利率均值为1.97%，较上季度上行约38BP，7天回购加权利率均值为2.11%，与上季度上行约24BP。3个月、9个月和12个月的AAA级同业存单收益率分别上行约27bp、31bp、31bp。基金运作上，报告期内，本基金密切跟踪指数，并根据成份券变更和规模的变动进行小幅的调整，有效实现了对指数的跟踪。展望未来，同业存单在流动性合理充裕的环境下仍是较好的配置品种，我们将密切关注各项宏观经济数据的走势，留意流动性的边际变化，合理运用杠杆工具，维持组合稳健的久期策略。本基金为被动型指数基金，我们将进一步优化既有的跟踪策略，注重保持组合的流动性，有效跟踪标的指数。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.438Z","fund":{"_id":3000000014430,"__csrcFundId":10541,"stockCode":"014430","shortName":"南方中证同业存单AAA指数7天持有(014430)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":14430,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:12:51.719Z","status":"normal","exchange":"jj","name":"南方中证同业存单AAA指数7天持有期证券投资基金","fundCollectionId":4000050020000,"masterFundShortName":"南方中证同业存单AAA指数7天持有","blackenedNum":0,"inceptionDate":"2021-12-19T16:00:00.000Z","followedNum":13,"setUpDate":"2021-12-19T16:00:00.000Z","setUpAssetScale":8127478403.95,"setUpShares":8127478403.95,"pinyin":"nfzztycdaaazs7tcyqzqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20158813","stockType":"fund_manager","exchange":"fm","tickerId":240324121080,"name":"夏晨曦"},{"stockCode":"db20748022","stockType":"fund_manager","exchange":"fm","tickerId":2610204910,"name":"朱佳"}]},"announcement":{"linkText":"南方中证同业存单AAA指数7天持有期证券投资基金2025年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1277558","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0b67fea5b3eb0511b55","date":"2024-12-30T16:00:00.000Z","stockId":3000000014430,"sao":"全年经济指标运行平稳，向上向好的积极因素不断累积，国内生产总值同比增长5%，顺利完成经济社会发展主要目标任务，从中长期趋势看，我国经济基础稳、优势多、韧性强、潜力大，长期向好的支撑条件和基本趋势没有改变。从短期来看，经济复苏并不能一蹴而就，依然面临一定挑战：全年CPI同比增长0.2%、PPI同比下滑2.2%，M1同比增速连续多个月处于负值区间，内生需求偏弱的特征较为明显。海外方面，美联储进入降息周期，全年降息三次，累计降息100bp；下半年特朗普赢得美国总统大选，贸易摩擦有所升温。货币政策方面，整体保持支持性的货币政策立场，降准两次，合计下调存款准备金率100bp，提供长期流动性超过2万亿元，开展买断式逆回购、国债买卖操作、中期借贷便利等工具，保持流动性合理充裕。央行两次下调公开市场操作逆回购利率，合计30bp，引导LPR定价下行，强化利率政策执行，推动社会综合融资成本稳中有降。全年来看，银行间隔夜、7天回购加权利率均值为1.77%、1.96%。稳增长政策方面，年内增发特别国债1万亿、特殊再融资债2万亿，对经济起到了较好的托底作用。市场层面，全年债券市场整体处于牛市，期限利差、信用利差均被压缩至近年低位。二季度央行提示长端利率风险及三季度末股债跷跷板效应虽引发回调，但在流动性宽松与资产荒逻辑主导下，市场重归下行趋势。全年，6个月、9个月和12月的AAA级同业存单收益率分别下行约75bp，81bp、83bp。本基金密切跟踪指数，并根据成份券变更和规模的变动进行小幅的调整，有效实现了对指数的跟踪。","declarationDate":"2025-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.436Z","mo":"展望未来，中国经济将在多重积极因素驱动下延续修复格局：其一，经济复苏的支撑动能持续增强，2024年四季度以来以\"稳预期、扩内需\"为核心的政策组合拳累积效应正逐步显现。其二，按照中央经济工作会议部署，2025年宏观政策将更加积极有为，预示财政货币政策协同空间进一步打开，经济基本盘稳定性有望巩固。对债券市场而言，短期波动可能有所加大：宏观经济低位企稳或削弱市场对货币宽松的线性预期，叠加央行进入政策效果观察期，增量货币政策的节奏尚待明确。其次，经历完整年度牛市行情后，市场投资者或有止盈需求，因此债券市场短期内可能面临一定程度的扰动。中长期来看，债券市场核心逻辑尚未发生根本性逆转：首先，货币政策仍处于宽松周期，地方化债大背景下政府债券供给压力需要低利率环境予以对冲，政策利率和存款准备金率仍具备调降的空间和必要性。其次，2024年先后叫停“存款手工贴息”、实施同业存款自律，表内高息揽储路径受阻，票息资产或更加稀缺，理财、货基、保险等非银机构面临到期存款的刚性配置需求，这将持续强化债市需求端的支撑动能。需特别关注的是，全球化重构背景下经济内生增长动能的培育需经周期考验，外部贸易摩擦与内部新旧动能转换的复杂性仍将持续，作为兼具稳定票息与避险属性的同业存单，仍然具备较高的配置价值。同时，当前银行净息差承压，压降银行负债成本仍是大势所趋，存单收益率有望进一步下行。本基金为被动型指数基金，我们将进一步优化既有的跟踪策略，注重保持组合的流动性，有效跟踪标的指数。","fund":{"_id":3000000014430,"__csrcFundId":10541,"stockCode":"014430","shortName":"南方中证同业存单AAA指数7天持有(014430)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":14430,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:12:51.719Z","status":"normal","exchange":"jj","name":"南方中证同业存单AAA指数7天持有期证券投资基金","fundCollectionId":4000050020000,"masterFundShortName":"南方中证同业存单AAA指数7天持有","blackenedNum":0,"inceptionDate":"2021-12-19T16:00:00.000Z","followedNum":13,"setUpDate":"2021-12-19T16:00:00.000Z","setUpAssetScale":8127478403.95,"setUpShares":8127478403.95,"pinyin":"nfzztycdaaazs7tcyqzqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20158813","stockType":"fund_manager","exchange":"fm","tickerId":240324121080,"name":"夏晨曦"},{"stockCode":"db20748022","stockType":"fund_manager","exchange":"fm","tickerId":2610204910,"name":"朱佳"}]},"announcement":{"linkText":"南方中证同业存单AAA指数7天持有期证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1258330","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0b67fea5b3eb0511b54","date":"2024-09-29T16:00:00.000Z","stockId":3000000014430,"sao":"宏观经济层面，三季度经济景气度小幅回落。7-8月份经济数据同比均呈现不断放缓态势，9月份制造业PMI虽然回升至49.8，但仍处于荣枯线以下，地产销售旺季不旺，经济增长压力有所加大。虽然禁止手工补息、防止资金空转等因素对企业短贷的影响基本消除，但金融数据仍在低位震荡，M1同比增速持续为负，且跌幅扩大，反映出经济内生活力不足，融资需求疲软。总体来看，年初至今基本面维持弱复苏格局，经济波浪式运行的特征没有改变，三季度或为年内经济增长低点。政策层面，二十届三中全会强调坚定不移实现全年经济社会发展目标，金融增量政策举措加快落地，全力促进经济持续回升向好。三季度央行累计下调OMO利率30BPs和MLF利率50BPs，并下调金融机构存款准备金率0.5个百分点，释放约万亿长期资金，维护流动性合理充裕。同时，个人住房贷款最低首付款比例政策得到优化，最低首付款比例统一为不低于15%。存量房贷利率实施批量调整，加点幅度大幅下调，有利于进一步降低借款人房贷利率支出，提升居民消费意愿。地方专项债发行进度也显著加快。市场层面，7月初至9月中，虽然受央行卖出长债的利空因素扰动，但在经济基本面表现偏弱以及广谱利率下行的大环境下，债券市场收益率震荡下行，10年国债一度接近2.0%的历史低位。季末，政治局会议罕见在9月讨论经济工作，指出当前经济运行出现一些新的情况和问题，要“加大财政货币政策逆周期调节力度”以及“促进房地产市场止跌回稳”。在强烈的稳增长信号下，市场风险偏好快速回暖，债市市场出现V型反转，收益率大幅反弹。报告期内，银行间隔夜、7天回购平均加权利率分别为1.79%、1.90%；3个月AAA级同业存单收益率上行约8BPs，9个月和12个月AAA级同业存单收益率分别下行约4BPs和5BPs。基金运作层面，报告期内，本基金密切跟踪指数，并根据成份券变更和规模的变动对久期和持仓结构进行小幅调整，有效实现了对指数的跟踪。展望未来，经济新旧动能切换，人口结构弱化，全球货币政策处于降息周期，广谱利率中枢将继续下移，债券收益率中长期下行逻辑仍然顺畅。诚然，受权益市场上涨影响，债券市场短期逆风，波动将有所加大，甚至不排除超调可能。但本轮股票上涨主要由于情绪、流动性和估值修复驱动，缺少盈利支撑的行情持续性，动能也尚待观察。在政策布局落地后，市场最终仍将回归基本面定价。就当前而言，基本面现实仍待改善，支持性货币政策取向不改，债券市场经过调整后，收益率已处于较为合理的水平，配置价值逐渐显现。四季度我们将密切关注各项宏观经济数据的走势，留意流动性的边际变化，合理运用杠杆工具，维持组合稳健的久期策略。本基金为被动型指数基金，我们将进一步优化既有的跟踪策略，有效跟踪标的指数，同时注重保持组合的流动性积极应对潜在的赎回冲击，最大化持有人利益。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.433Z","fund":{"_id":3000000014430,"__csrcFundId":10541,"stockCode":"014430","shortName":"南方中证同业存单AAA指数7天持有(014430)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":14430,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:12:51.719Z","status":"normal","exchange":"jj","name":"南方中证同业存单AAA指数7天持有期证券投资基金","fundCollectionId":4000050020000,"masterFundShortName":"南方中证同业存单AAA指数7天持有","blackenedNum":0,"inceptionDate":"2021-12-19T16:00:00.000Z","followedNum":13,"setUpDate":"2021-12-19T16:00:00.000Z","setUpAssetScale":8127478403.95,"setUpShares":8127478403.95,"pinyin":"nfzztycdaaazs7tcyqzqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20158813","stockType":"fund_manager","exchange":"fm","tickerId":240324121080,"name":"夏晨曦"},{"stockCode":"db20748022","stockType":"fund_manager","exchange":"fm","tickerId":2610204910,"name":"朱佳"}]},"announcement":{"linkText":"南方中证同业存单AAA指数7天持有期证券投资基金2024年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1180797","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0b67fea5b3eb0511b53","date":"2024-06-29T16:00:00.000Z","stockId":3000000014430,"sao":"上半年经济整体平稳、呈现温和复苏格局，国内生产总值同比增长5%，增速与年度预期目标一致，正如国家统计局新闻发言人所概括的\"形有波动、势仍向好”。国内方面，制造业PMI除了3月和4月短暂位于荣枯线以上，其他月份均位于收缩区间；金融\"挤水分”的背景下，M1同比增速罕见连续为负，经济内生需求不足的特征比较明显。中长期看，经济稳定运行、长期向好的基本面没有改变；但短期面临的不确定性和挑战有所增多。海外方面，通胀压力明显缓解，美联储可能于下半年进入降息周期；但选举大年或带来地缘政治不确定性和潜在的贸易摩擦。货币政策上，央行行长表示当前货币政策立场仍然是支持性的，上半年存款准备金率下调50BPs，5年期LPR下调25BPs，1年期LPR、公开市场操作利率和MLF操作利率则维持不变。同时，流动性也维持合理充裕，DR007略高于政策利率区间运行、且波动较去年有所降低，整体上为经济增长、财政发债创造了较好的货币环境。稳增长政策上，一线城市房地产政策陆续优化，房地产销售数据脉冲式好转后重归平稳；二季度开始发行1万亿特别国债，发行节奏平缓，形成实物工作量还需时间。市场层面，债券市场整体处于牛市中，一方面是以城投债为代表的信用债供给不足、地方专项债发行进度偏慢，另一方面是停止\"手工补息”后大量理财资金再配置需求较大，上半年债券市场呈现明显\"资产荒”特征，期限利差、信用利差均被压缩至历史低位。二季度起，央行多次提示长端利率风险，市场多次出现调整，但调整幅度逐次减小，整体下行趋势不变。上半年，6个月、9个月和12月的AAA级同业存单收益率分别下行约46bp，44bp、45bp。本基金密切跟踪指数，并根据成份券变更和规模的变动进行小幅的调整，有效实现了对指数的跟踪。","declarationDate":"2024-07-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.430Z","mo":"展望未来，短期债市可能波动加剧：财政政策可能开始加力，政府债供给有望提速，宏观经济压力阶段性缓释；市场结构方面，降息落地后止盈压力可能也有释放需求。央行多次提示长端利率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15BP，流动性整体维持在较为充裕水平上，但受到短期人民币汇率贬值的影响，货币政策操作的空间受到一定限制。市场层面，三季度同业存单收益率震荡下行，其中长端下行幅度较大，3个月、9个月和12个月的AAA级同业存单收益率分别下行13BP、23BP和29BP。报告期内，本基金密切跟踪指数，并根据成份券变更和规模的变动进行小幅的调整，有效实现了对指数的跟踪。展望未来，经济仍然受到疫情和地产等因素的影响，信用扩张节奏偏慢。海外方面，后续衰退压力较大。政策层面，房地产政策仍在放松，准财政政策持续加码。货币政策虽然受到汇率影响，但预计货币政策环境友好，流动性水平边际变化不大，同业存单仍将是流动性维持宽松的环境下一类较好的配置品种。本基金为被动型指数基金，我们将进一步优化既有的跟踪策略，注重保持组合的流动性，有效跟踪标的指数。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.401Z","fund":{"_id":3000000014430,"__csrcFundId":10541,"stockCode":"014430","shortName":"南方中证同业存单AAA指数7天持有(014430)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":14430,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:12:51.719Z","status":"normal","exchange":"jj","name":"南方中证同业存单AAA指数7天持有期证券投资基金","fundCollectionId":4000050020000,"masterFundShortName":"南方中证同业存单AAA指数7天持有","blackenedNum":0,"inceptionDate":"2021-12-19T16:00:00.000Z","followedNum":13,"setUpDate":"2021-12-19T16:00:00.000Z","setUpAssetScale":8127478403.95,"setUpShares":8127478403.95,"pinyin":"nfzztycdaaazs7tcyqzqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20158813","stockType":"fund_manager","exchange":"fm","tickerId":240324121080,"name":"夏晨曦"},{"stockCode":"db20748022","stockType":"fund_manager","exchange":"fm","tickerId":2610204910,"name":"朱佳"}]},"announcement":{"linkText":"南方中证同业存单AAA指数7天持有期证券投资基金2022年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=811059","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0b67fea5b3eb0511b4b","date":"2022-06-29T16:00:00.000Z","stockId":3000000014430,"sao":"上半年经济受疫情冲击较大。国内方面，年初经济复苏势头较强，随后受到疫情影响出现回落，5月开始疫情逐步缓解，经济触底回升。海外方面，通胀压力较大，美联储加息节奏加快。政策上，上半年央行下调存款准备金率0.25个百分点，降低公开市场操作和MLF操作利率10BP，降低1年期LPR利率10BP，降低5年期LPR利率20BP，流动性整体维持在较为充裕水平上，政策托底意愿较强。市场层面，上半年存单收益率下行显著，其中短端下行幅度较大，其中6个月、9个月和12月的AAA级同业存单收益率分别下行63bp，40bp和33bp。本基金密切跟踪指数，并根据成份券变更和规模的变动进行小幅的调整，有效实现了对指数的跟踪。","declarationDate":"2022-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.398Z","mo":"展望未来，经济正在逐步走出疫情的影响，房地产销售出现了底部企稳的迹象，但楼市整体偏冷，回暖尚需时间，而消费迟迟难以回暖也值得关注。海外方面，通胀压力维持高位，需求出现放缓迹象，预计也将拖累出口。后续债券市场的关注点聚焦在疫情后的经济修复节奏以及稳增长政策的实施效果。下半年，预计货币政策环境友好，但宽货币与宽信用预期共存，预计整体保持震荡走势，波动幅度有限，票息资产依然确定性高，在流动性维持宽松的环境下仍是较好的配置品种。本基金为被动型指数基金，我们将进一步优化既有的跟踪策略，注重保持组合的流动性，有效跟踪标的指数。","fund":{"_id":3000000014430,"__csrcFundId":10541,"stockCode":"014430","shortName":"南方中证同业存单AAA指数7天持有(014430)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":14430,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:12:51.719Z","status":"normal","exchange":"jj","name":"南方中证同业存单AAA指数7天持有期证券投资基金","fundCollectionId":4000050020000,"masterFundShortName":"南方中证同业存单AAA指数7天持有","blackenedNum":0,"inceptionDate":"2021-12-19T16:00:00.000Z","followedNum":13,"setUpDate":"2021-12-19T16:00:00.000Z","setUpAssetScale":8127478403.95,"setUpShares":8127478403.95,"pinyin":"nfzztycdaaazs7tcyqzqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20158813","stockType":"fund_manager","exchange":"fm","tickerId":240324121080,"name":"夏晨曦"},{"stockCode":"db20748022","stockType":"fund_manager","exchange":"fm","tickerId":2610204910,"name":"朱佳"}]},"announcement":{"linkText":"南方中证同业存单AAA指数7天持有期证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=788703","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0b67fea5b3eb0511b4a","date":"2022-03-30T16:00:00.000Z","stockId":3000000014430,"sao":"一季度经济形势较为复杂。开年1-2月经济数据表现良好，反映宏观景气度较高。但3月以来，外部地缘政治形势恶化，国内疫情出现扩散，经济出现了内需放缓叠加外部输入性通胀的压力。政策上，金稳会定调稳增长继续加码，稳定了市场预期，但政策的实施路径和出台节奏仍需观察。市场层面，一季度债券市场收益率震荡为主，短端利率略有下行。其中， 3个月AAA等级同业存单利率下行5BP，6个月AAA等级同业存单利率下行2BP，1年AAA等级同业存单利率下行4.5BP。本基金密切跟踪指数，根据成份券变更和规模的变动进行小幅的调整，有效实现了对指数的跟踪，并结合杠杆策略和骑乘择券策略，通过精细化投资管理，在尽力缩小跟踪误差的基础上，力争为投资者实现相对于指数的超额收益。展望未来，经济依然面临需求收缩、供给冲击和预期转弱的三重压力。内需的压力主要体现在地产投资持续低迷，同时疫情防控难度大,或对消费形成拖累；外需压力则体现在地缘政治形势复杂，以及全球流动性趋于收紧。通胀方面，目前的主要问题依然在海外，输入性通胀风险需要警惕。政策方面，预计货币政策继续坚持“以我为主”，将采取较为积极的政策来应对国内的压力，短期内流动性环境或将继续保持充裕。本基金为被动型指数基金，我们将进一步优化既有的跟踪策略，注重保持组合的流动性，有效跟踪标的指数。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:52:54.395Z","fund":{"_id":3000000014430,"__csrcFundId":10541,"stockCode":"014430","shortName":"南方中证同业存单AAA指数7天持有(014430)","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":14430,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:12:51.719Z","status":"normal","exchange":"jj","name":"南方中证同业存单AAA指数7天持有期证券投资基金","fundCollectionId":4000050020000,"masterFundShortName":"南方中证同业存单AAA指数7天持有","blackenedNum":0,"inceptionDate":"2021-12-19T16:00:00.000Z","followedNum":13,"setUpDate":"2021-12-19T16:00:00.000Z","setUpAssetScale":8127478403.95,"setUpShares":8127478403.95,"pinyin":"nfzztycdaaazs7tcyqzqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20158813","stockType":"fund_manager","exchange":"fm","tickerId":240324121080,"name":"夏晨曦"},{"stockCode":"db20748022","stockType":"fund_manager","exchange":"fm","tickerId":2610204910,"name":"朱佳"}]},"announcement":{"linkText":"南方中证同业存单AAA指数7天持有期证券投资基金2022年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=730729","linkType":"PDF","source":"csrc_pdf"}}]}