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报告期内本基金以投资中短期利率债和高评级信用债为主。","date":"2020-09-29T16:00:00.000Z","declarationDate":"2020-10-27T16:00:00.000Z","lastUpdated":"2026-03-09T13:13:52.766Z","fund":{"_id":3000000003891,"__csrcFundId":1102,"stockCode":"003891","shortName":"汇安嘉裕纯债债券(003891)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":3891,"masterFundFlag":1,"lastUpdated":"2026-04-30T19:02:38.401Z","status":"normal","inceptionDate":"2016-12-04T16:00:00.000Z","name":"汇安嘉裕纯债债券型证券投资基金","exchange":"jj","followedNum":0,"fundCollectionId":4000051300000,"currency":"CNY","masterFundShortName":"汇安嘉裕纯债债券","pinyin":"hajyczzqxzqtzjj","managers":[{"stockCode":"j101019804","stockType":"fund_manager","exchange":"fm","tickerId":231225246240,"name":"吴乐玉"}]},"announcement":{"linkText":"汇安嘉裕纯债债券型证券投资基金2020年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=491684","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7907fea5b3eb046d254","stockId":3000000003891,"sao":"2020年上半年来看，一季度受新冠肺炎疫情影响，国内宏观经济生产侧、需求侧均出现明显收缩，债市收益率整体下行。进入二季度宏观经济总体快速复原，PMI连续3个月处于扩张区间、工业增加值持续同比为正，地产、汽车销售近期同比已转正，基建发力确定性较高，线上消费维持高增速，国外需求下滑对出口的影响尚未充分显现。猪肉价格有所反弹，大宗商品价格基本收复了疫情造成的下跌，CPI和PPI环比降幅已收窄，通缩压力有所下降。 截至6月的M2和社融存量同比增速达到11.1%和12.8%，不搞大水漫灌是政策基调，前期偏宽松的货币政策已边际调整，保存货币政策空间，打击资金套利和确保资金直达实体成为重要政策考量。  债券收益率从5月份开始出现明显调整，十年期国债收益率已回到疫情爆发前水平，期间信用息差变动较小，信用债收益率随国债收益率相应提升。但目前经济主要以边际修复为主，且政府降低社会融资成本的要求将压制债券收益率的上升空间。 报告期内，组合在债券投资方面主要以利率债和高评级信用债为主，适度使用杠杆以增加收益。","date":"2020-06-29T16:00:00.000Z","declarationDate":"2020-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:13:52.763Z","mo":"展望后市，一方面，复工复产的加快和产业链的逐步恢复，叠加财政和货币政策加大逆周期调节力度，将促进生产侧的稳步提高，近期的高炉开工率都在复苏中，但另一方面，海外疫情的不断扩散和防控力度的不足，将从需求侧对外需、出口产生影响，外需的走弱会影响外向型制造业。在宏观经济波动加大的过程中，将关注收益率震荡回调的投资机会。","fund":{"_id":3000000003891,"__csrcFundId":1102,"stockCode":"003891","shortName":"汇安嘉裕纯债债券(003891)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":3891,"masterFundFlag":1,"lastUpdated":"2026-04-30T19:02:38.401Z","status":"normal","inceptionDate":"2016-12-04T16:00:00.000Z","name":"汇安嘉裕纯债债券型证券投资基金","exchange":"jj","followedNum":0,"fundCollectionId":4000051300000,"currency":"CNY","masterFundShortName":"汇安嘉裕纯债债券","pinyin":"hajyczzqxzqtzjj","managers":[{"stockCode":"j101019804","stockType":"fund_manager","exchange":"fm","tickerId":231225246240,"name":"吴乐玉"}]},"announcement":{"linkText":"汇安嘉裕纯债债券型证券投资基金2020年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=463382","linkType":"PDF","source":"csrc_pdf"}}]}