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从不适开始的，这才是显著超额的所在。","fund":{"_id":3000000160921,"stockCode":"160921","stockType":"fund","areaCode":"cn","followedNum":11,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2016-07-17T16:00:00.000Z","setUpScale":1005440000,"market":"a","tickerId":160921,"custody":"中国银行股份有限公司","name":"大成多策略灵活配置混合型证券投资基金（LOF）","shortName":"大成多策略混合（LOF）(160921)","fundSecondLevel":"hybrid","__csrcFundId":653,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:35.318Z","masterFundFlag":1,"inceptionDate":"2016-08-18T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成多策略混合（LOF）","pinyin":"dcdcllhpzhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"db20786570","stockType":"fund_manager","exchange":"fm","tickerId":2610219340,"name":"邹建"}]},"announcement":{"linkText":"大成多策略灵活配置混合型证券投资基金（LOF）2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1057379","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed8957fea5b3eb05934fb","date":"2023-09-29T16:00:00.000Z","stockId":3000000160921,"sao":"三季度，医药整体调整幅度较大，其性价比进一步提升；从供给端的角度看，医药行业在产品端的创新依然层出不穷，其中不乏大品种，好的产品不仅刺激了需求的释放，同时也带动相应产业链上下游的发展，我们也沿着这个脉络进行了一定配置。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T14:26:29.607Z","fund":{"_id":3000000160921,"stockCode":"160921","stockType":"fund","areaCode":"cn","followedNum":11,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2016-07-17T16:00:00.000Z","setUpScale":1005440000,"market":"a","tickerId":160921,"custody":"中国银行股份有限公司","name":"大成多策略灵活配置混合型证券投资基金（LOF）","shortName":"大成多策略混合（LOF）(160921)","fundSecondLevel":"hybrid","__csrcFundId":653,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:35.318Z","masterFundFlag":1,"inceptionDate":"2016-08-18T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成多策略混合（LOF）","pinyin":"dcdcllhpzhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"db20786570","stockType":"fund_manager","exchange":"fm","tickerId":2610219340,"name":"邹建"}]},"announcement":{"linkText":"大成多策略灵活配置混合型证券投资基金（LOF）2023年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=991094","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed8957fea5b3eb05934fa","date":"2023-06-29T16:00:00.000Z","stockId":3000000160921,"sao":"本基金整体保持平稳。我们观察到，今年以来院内刚需诊疗的复苏较为强劲，另外大众平价消费品、部分制造业方向上，我们增加了一定的的配置。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T14:26:29.604Z","mo":"尽管市值大小不是本基金关注的核心重点，但从过去几年的市场结构变化来看，这一现象仍值得重视和关注；过去一两年赛道型公司从极致的行情演绎中持续降温，代替而来的是中小市值的集体爆发；本基金在过去的持仓结果中也呈现这样的特征，中小市值公司偏多；但站在这个时间点上，从我们的投资框架出发，会发现中大型市值公司的性价比在明显提升，逐步进入我们的视野范围，相反中小市值公司在逐步淡出视野；从微观上看，部分竞争力不强的中小市值公司被贴上了盘小底部无基的投资逻辑，这一现象的出现显然是个危险的信号，和几年前的“看未来30年它依然是行业龙头的赛道型投资逻辑”可能并没有什么两样。","fund":{"_id":3000000160921,"stockCode":"160921","stockType":"fund","areaCode":"cn","followedNum":11,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2016-07-17T16:00:00.000Z","setUpScale":1005440000,"market":"a","tickerId":160921,"custody":"中国银行股份有限公司","name":"大成多策略灵活配置混合型证券投资基金（LOF）","shortName":"大成多策略混合（LOF）(160921)","fundSecondLevel":"hybrid","__csrcFundId":653,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:35.318Z","masterFundFlag":1,"inceptionDate":"2016-08-18T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成多策略混合（LOF）","pinyin":"dcdcllhpzhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"db20786570","stockType":"fund_manager","exchange":"fm","tickerId":2610219340,"name":"邹建"}]},"announcement":{"linkText":"大成多策略灵活配置混合型证券投资基金（LOF）2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=960430","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed8957fea5b3eb05934f9","date":"2023-03-30T16:00:00.000Z","stockId":3000000160921,"sao":"一季度，本基金对行业配置进行了进一步优化，以降低单一行业配置过高对基金的影响。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T14:26:29.601Z","fund":{"_id":3000000160921,"stockCode":"160921","stockType":"fund","areaCode":"cn","followedNum":11,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2016-07-17T16:00:00.000Z","setUpScale":1005440000,"market":"a","tickerId":160921,"custody":"中国银行股份有限公司","name":"大成多策略灵活配置混合型证券投资基金（LOF）","shortName":"大成多策略混合（LOF）(160921)","fundSecondLevel":"hybrid","__csrcFundId":653,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:35.318Z","masterFundFlag":1,"inceptionDate":"2016-08-18T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成多策略混合（LOF）","pinyin":"dcdcllhpzhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"db20786570","stockType":"fund_manager","exchange":"fm","tickerId":2610219340,"name":"邹建"}]},"announcement":{"linkText":"大成多策略灵活配置混合型证券投资基金（LOF）2023年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=886312","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed8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