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找交易机会提升基金净值收益。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:53:01.257Z","mo":"展望下半年，预计债市在一定区间内震荡，波动性或有加大。产业刺激政策的陆续出台，房地产政策优化调整，将逐步修复市场对于前期经济疲软的预期。风险资产的估值变化将引起债券市场的波动加大。但内生性的动能修复过程尚需时日，理财规模稳定增长，而且目前实际利率水平相对偏高，降准降息依然存在一定可能性，从债券定价角度看，债市运行方向下行存在合理性。货币政策仍然易松难紧，延续总量宽松的局面，依然利好短久期信用资产，但利差压缩空间有限。","fund":{"_id":3000000014468,"__csrcFundId":11075,"stockCode":"014468","shortName":"平安元和90天滚动持有短债(014468)","masterFundShortName":"平安元和90天滚动持有短债","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":14468,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:13:56.152Z","status":"normal","exchange":"jj","fundCollectionId":4000050640000,"name":"平安元和90天滚动持有短债债券型证券投资基金","followedNum":1,"inceptionDate":"2022-05-17T16:00:00.000Z","setUpDate":"2022-05-17T16:00:00.000Z","setUpAssetScale":313399298.5,"setUpShares":313399298.5,"pinyin":"payh90tgdcydzzqxzqtzjj","managers":[{"stockCode":"db20186058","stockType":"fund_manager","exchange":"fm","tickerId":122412238640,"name":"刘晓兰"}]},"announcement":{"linkText":"平安元和90天滚动持有短债债券型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=956593","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0bd7fea5b3eb0512227","date":"2023-03-30T16:00:00.000Z","stockId":3000000014468,"sao":"2023年一季度，宏观经济进入疫后的迅速恢复期。投资方面，基建和制造业投资保持强劲，地产投资韧性较强，消费恢复明显；出口受外需走弱影响依然处于负增长区间，但降幅有所收窄。价格方面，通胀处于低位，对债券市场不构成压制力量。政策方面，经济增长目标相对温和，财政政策注重加力提效，货币政策精准有力，央行通过降准为“宽信用”提供稳定的流动性。资金面来看，流动性维持合理充裕，市场利率围绕政策利率波动，但价格波动加大。整体看，债券收益率先上后下，其中中短期信用债收益率3月后下行较多，信用利差快速收窄，长债收益率区间内震荡。　　报告期内，本产品以信用债投资为主，赚取稳定票息和骑乘收益的同时，结合市场环境动态调整组合久期和杠杆，力争增强组合收益。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:53:01.255Z","fund":{"_id":3000000014468,"__csrcFundId":11075,"stockCode":"014468","shortName":"平安元和90天滚动持有短债(014468)","masterFundShortName":"平安元和90天滚动持有短债","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":14468,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:13:56.152Z","status":"normal","exchange":"jj","fundCollectionId":4000050640000,"name":"平安元和90天滚动持有短债债券型证券投资基金","followedNum":1,"inceptionDate":"2022-05-17T16:00:00.000Z","setUpDate":"2022-05-17T16:00:00.000Z","setUpAssetScale":313399298.5,"setUpShares":313399298.5,"pinyin":"payh90tgdcydzzqxzqtzjj","managers":[{"stockCode":"db20186058","stockType":"fund_manager","exchange":"fm","tickerId":122412238640,"name":"刘晓兰"}]},"announcement":{"linkText":"平安元和90天滚动持有短债债券型证券投资基金2023年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=884506","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0bd7fea5b3eb0512226","date":"2022-12-30T16:00:00.000Z","stockId":3000000014468,"sao":"2022年债市总体呈现震荡态势。2022年1-10月受疫情影响，经济增速下滑，货币政策总体维持相对宽松态势，收益率逐步下行至历史较低水平。2022年11-12月，在疫情管控政策调整的情况下，市场预期发生较大变化，收益率出现明显上行。报告期内本产品以信用债投资为主，赚取稳定票息和骑乘收益的同时，结合市场环境动态调整组合久期和杠杆，力争增强组合收益。","declarationDate":"2023-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:53:01.252Z","mo":"2023年预计债市总体震荡偏弱。第一，疫情对经济和政策的约束减弱，稳增长政策可能持续推出，居民预期逐步改善，经济修复性回升的概率偏高。第二，极端经济环境已过，货币政策回归正常的概率偏高，市场资金利率可能逐步回归到政策利率以上，不过，考虑到稳增长诉求，货币政策大幅收紧的可能性不大。第三，当前债市市场定价基本与当前经济及货币政策相匹配，考虑到未来经济实质复苏和货币政策逐步调整的可能性，预计收益率依然有上行空间。策略上，以获取票息和骑乘收益为主。","fund":{"_id":3000000014468,"__csrcFundId":11075,"stockCode":"014468","shortName":"平安元和90天滚动持有短债(014468)","masterFundShortName":"平安元和90天滚动持有短债","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":14468,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:13:56.152Z","status":"normal","exchange":"jj","fundCollectionId":4000050640000,"name":"平安元和90天滚动持有短债债券型证券投资基金","followedNum":1,"inceptionDate":"2022-05-17T16:00:00.000Z","setUpDate":"2022-05-17T16:00:00.000Z","setUpAssetScale":313399298.5,"setUpShares":313399298.5,"pinyin":"payh90tgdcydzzqxzqtzjj","managers":[{"stockCode":"db20186058","stockType":"fund_manager","exchange":"fm","tickerId":122412238640,"name":"刘晓兰"}]},"announcement":{"linkText":"平安元和90天滚动持有短债债券型证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=864059","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed0bd7fea5b3eb0512225","date":"2022-09-29T16:00:00.000Z","stockId":3000000014468,"sao":"报告期内，疫情仍在持续影响经济运行：居民预期悲观、消费场景受限，导致消费整体偏弱；疫情延后订单消化后，随着海外经济走弱，出口增速开始下行；房地产政策在边际放松，但偏悲观的预期始终难扭转，销售、投资均表现不佳；制造业投资维持高增但增速放缓；基建投资为仅有的受疫情影响不多的领域，但仅凭基建投资发力，依然难抵消费、出口和房地产的多重压力。通胀方面，基数效应下CPI持续走高，但核心CPI、PPI偏弱，通胀压力不大。货币政策目标聚焦稳增长，整体偏宽松。9月疫情逐步受控，刺激政策频出，高频数据有所修复，债市小幅承压。在此背景下，三季度债券市场先扬后抑。报告期内本产品以信用债投资为主，赚取稳定票息和骑乘收益的同时，结合市场环境动态调整组合久期和杠杆，力争增强组合收益。","declarationDate":"2022-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:53:01.249Z","fund":{"_id":3000000014468,"__csrcFundId":11075,"stockCode":"014468","shortName":"平安元和90天滚动持有短债(014468)","masterFundShortName":"平安元和90天滚动持有短债","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":14468,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T00:13:56.152Z","status":"normal","exch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