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优质战略新兴企业，以扩大模型选股的空间，增加选股alpha来源。并结合市场宏观环境、产业发展阶段不断优化基本面选股逻辑，纳入机器学习等量化投资领域的前沿有效成功，继续去提升我们在选股上的alpha。","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1450111","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb0529a09","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000017154,"sao":"进入三季度以来，A股市场延续了二季度的上行趋势并进一步加速，市场在科技板块轮番驱动下取得较大涨幅。总体来看，三季度市场受到的海外扰动因素相对较少，叠加国内流动性相对宽裕，同时权益市场性价比较高，机构资金持续流入权益市场。微观上来看，上市公司定期报告显示成长板块盈利持续上修，进一步提振了市场信心，带动主要指数持续上行。　　从风格方面来看，三季度市场大小盘风格表现差异不大；但价值与成长风格出现较大分化，成长风格显著占优；行业方面，通信、电子、有色、电力设备等行业上涨较多；而银行、综合金融等行业则出现小幅度下跌。　　报告期内，本基金基于对公司及行业基本面的持续跟踪，通过量化选股模型，从估值、成长、盈利、一致预期等角度在专精特新企业中进行股票优选，构建最终的投资组合。","lastUpdated":"2026-03-09T13:59:05.630Z","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2025年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1375829","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb0529a08","date":"2025-06-29T16:00:00.000Z","stockId":3000000017154,"sao":"2025年一季度以来，在“DeepSeek”等科技领域的突破驱动下，中国资产重估的热度不断攀升。同时，在政策护航下，消费、房地产以及企业盈利等高频数据显示国内基本面企稳已有一定迹象。热点驱动、基本面企稳预期催化下，市场交投活跃度维持在历史较高水平，投资者情绪保持高涨。　　进入二季度，4月受关税冲击影响，市场短期大幅度下挫，但在基本面具备韧性、流动性相对充裕、市场整体性价比仍较高的背景下，指数迅速开启走势修复。5月初，中美达成阶段性关税协议，外部不确定性因素有所弱化，市场继续震荡上行。整体来看，二季度市场虽然受到阶段性外部因素冲击，但交投活跃度整体仍维持在历史较高水平，投资者情绪较为积极。　　总结来看，上半年热点驱动+基本面企稳预期持续催化市场的投资者情绪。虽然指数层面，市场整体上行幅度不大，但内部热点板块较多，呈现出较为显著的结构性行情。 　　风格上，上半年市场风格表现较为稳定，小市值风格受益于流动性驱动、市场风险偏好提升等因素，持续表现较好；成长价值风格上，市场表现有阶段性差异，但全区间来看，整体较为均衡。行业上，有色金属、银行、传媒、国防军工等行业上半年涨幅居前，煤炭、房地产、食品饮料、石油石化等行业表现相对靠后。　　投资策略方面，本基金基于公司及行业基本面的持续跟踪，通过量化选股模型，从估值、成长、盈利、一致预期等角度在专精特新企业中进行股票优选，构建最终的股票投资组合。","declarationDate":"2025-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:05.627Z","mo":"展望下半年，在政策对基本面的持续护航下，国内经济有望进一步企稳向好，带来A股、港股盈利端的持续恢复改善。此外，可以看到自去年9.24以来，投资者对于市场的风险偏好已明显进入新的阶段，后续若基本面改善迹象能够得到数据验证，市场情绪有望能够得到维持。　　下半年投资策略上，我们持续纳入满足条件的专精特新主题公司进入我们的选股空间，同时将继续基于对公司基本面及行业景气度的持续跟踪，通过量化选股模型对专精特新主题股票进行优选，结合市场环境持续优化迭代模型，力争为投资者提供高于业绩比较基准的投资收益。","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1341965","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb0529a07","date":"2025-03-30T16:00:00.000Z","stockId":3000000017154,"sao":"一季度以来，在“DeepSeek”等科技领域的突破驱动下，中国资产重估的热度不断攀升。同时，在政策护航下，消费、房地产以及企业盈利等高频数据显示国内基本面企稳已有一定迹象。热点驱动、基本面企稳预期催化下，市场交投活跃度维持在历史较高水平，投资者情绪保持高涨。　　从市场表现来看，主要指数呈现前低后高态势。风格方面来看，大小盘风格仍有分化，小盘风格依旧表现强势；成长风格相对价值风格也呈现出一定的优势；红利类风格则持续回调。　　行业方面，有色金属、汽车、机械、计算机、传媒等表现较为领先；而煤炭、商贸零售、非银金融、石油石化、房地产等行业则出现明显的下跌。　　报告期内，本基金基于公司及行业基本面的持续跟踪，通过量化选股模型，从估值、成长、盈利、一致预期等角度在专精特新企业中进行股票优选，构建最终的投资组合。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:05.625Z","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2025年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1274770","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb0529a06","date":"2024-12-30T16:00:00.000Z","stockId":3000000017154,"sao":"2024年市场多空因素交织，A股整体震荡上行。在需求端压力、地方债务、房地产风险、海外地缘政治冲突等因素的压制下，权益市场的风险偏好受到压制。但伴随着国内一揽子稳增长、化风险、扩内需政策的落地，叠加海外降息周期开启，市场预期逐步修复，权益市场逐渐走出底部。　　具体来看，2024年的A股市场行情可分为以下几个阶段：　　伴随着国内经济修复斜率放缓，美联储降息预期的滞后，叠加小微盘流动性冲击带来的指数迅速下行，投资者避险情绪较浓，2024年初市场延续了2023年末的下跌态势。2-5月，在资金面压力释放后，叠加资本市场强力措施的出台、稳增长政策持续加码、房地产政策发生边际变化等因素的共同推动下，A股在指数层面迎来了持续的反弹上行，逐渐修复前期的跌幅。5月中旬后，政策出台频率有所减弱，前期政策效果尚未传导至经济基本面，同时市场对于美联储降息的预期再度降温，交投活跃度逐渐下降，市场开始转向下行。进入8月，美联储降息预期再次强化，并于9月18日美元降息正式落地。9月国内重磅政策接连出台，在政策端超预期的驱动下A股出现脉冲式上涨。国庆后，国内经济政策上延续了前期的定调，但在海外因素的影响下，市场风险偏好再度下行，市场进入震荡调整。　　本报告期内，本基金基于对公司及行业基本面的持续跟踪，通过量化选股模型，从估值、成长、盈利、一致预期等角度出发在专精特新企业中进行股票优选，构建相应的投资组合。","declarationDate":"2025-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:05.622Z","mo":"2025年，在政策护航下，国内经济有望进一步企稳向好，带动上市企业盈利端的持续恢复改善。流动性方面，美元降息周期下海外资金有望转向流入A股等新兴市场；同时，海外大选落地、地缘政治冲突降温，也有利于降低A股面临的外部不确定性。性价比方面，当前A股整体估值水平仍处于近十年平均水平附近，估值上仍具有一定的吸引力。　　本基金将结合日常运作评估及定期风险归因，持续优化所使用的量化模型。并力争在专精特新企业中持续挖掘具有Alpha的优质个股。","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1247236","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb0529a05","date":"2024-09-29T16:00:00.000Z","stockId":3000000017154,"sao":"三季度前期，市场整体走势延续了二季度末的趋势，市场交投活跃度保持在历史较低水平，赚钱整体效应依旧偏弱，主要指数继续震荡下行。三季度末，伴随着“一行一局一会”召开金融支持经济高质量发展有关情况发布会，多项货币、地产、资本市场重磅政策陆续推出。9月底，中央政治局召开会议，分析研究当前经济形势，部署下一步经济工作，进一步释放稳增长信号，稳定了市场对国内经济基本面进一步企稳回升趋势的预期，带来投资者在权益市场中风险偏好的提升，市场在季度末出现了较大幅度反弹。　　从风格方面来看，在季度末的市场大幅度反弹推动下，市场风格表现相对前期出现一定变化。具体来看，大盘风格与小盘风格表现的差异开始收敛，三季度整体表现差异不大；但成长风格好于价值风格；同时前期表现较好的红利类风格，在季末的市场反弹期间表现相对弱势。　　行业方面，各行业也呈现出与前期较大差异的表现，其中前期表现较为弱势的非银金融、房地产、消费者服务、计算机、传媒等行业出现了更为强势的反弹；而石油石化、煤炭、电力及公用事业等行业上涨幅度则相对靠后。　　报告期内，本基金基于公司及行业基本面的持续跟踪，通过量化选股模型，从估值、成长、盈利、一致预期等角度在专精特新企业中进行股票优选，构建最终的投资组合。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:05.619Z","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2024年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1174755","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb0529a04","date":"2024-06-29T16:00:00.000Z","stockId":3000000017154,"sao":"上半年，国内经济整体维持继续复苏态势，但结构上有所分化，外需较强而内需相对较弱。外需在新兴市场资本开支及欧美补库存拉动下持续复苏，强劲的出口推动国内工业增加值、制造业投资维持在较高增速。但从地产、社零等数据来看，内需仍相对疲软，虽然地产销售价格及销量趋势在政策密集落地下有所改善，但地产投资端的数据依然偏弱，同时社零数据的增速也反映了当前国内需求仍缺乏弹性。　　上半年市场表现波动较大，1月市场在避险情绪的驱动下出现较大幅度下跌，投资者配置方向由去年的红利+微盘的“杠铃”策略，转向为红利的极致防守风格。2-3月，在市场资金面压力释放后，叠加政策端措施的强力出台，市场预期逐步修正，指数层面迎来了一定的反弹，开始逐渐修复前期的跌幅。4月初新“国九条”的发布，提升了投资者对于上市公司质量、市场稳定性等方面的长期预期，市场风险偏好得到进一步提振。4月底-5月中旬，受地产政策预期升温以及北上资金持续回流的影响，市场延续上行趋势。5月中旬后，政策出台频率有所减弱，同时市场也在等待前期政策传导效果，市场整体交投活跃度有所下降，相应指数迎来震荡下行。　　风格上，上半年市场风格分化较为显著，市场以红利为代表的“确定性”投资为主线，高股息风格整体表现较好，成长、消费板块表现则相对弱势。行业上，银行、煤炭、公用事业等行业上半年涨幅居前，计算机、商贸零售及社会服务等行业表现则较为靠后。　　投资策略方面，本基金基于公司及行业基本面的持续跟踪，通过量化选股模型，从估值、成长、盈利、一致预期等角度在专精特新企业中进行股票优选，构建最终的股票投资组合。","declarationDate":"2024-07-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:05.617Z","mo":"展望下半年，国内宏观基本面修复斜率有望提升，A股企业盈利状况也有望继续改善。外需在海外补库周期及新兴市场资本开支刚性需求下有望得到持续拉动，而内需则在国内地产市场的企稳下有望得到一定修复；资金面上，美联储降息预期继续升温，海外流动性的改善有望助推外资回流中国资产，为市场带来增量资金；情绪上，当前市场预期定价已较为充分，市场情绪已处在历史底部，下半年市场风险偏好有望在政策持续推动下得到提振，带动A股市场回暖。　　下半年投资策略上，我们将持续把满足条件的专精特新主题公司纳入我们的选股空间，同时将继续基于对公司基本面及行业景气度的持续跟踪，通过量化选股模型对专精特新主题股票进行优选，结合市场环境持续优化迭代模型，力争为投资者提供高于业绩比较基准的投资收益。","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1146610","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb0529a03","date":"2024-03-30T16:00:00.000Z","stockId":3000000017154,"sao":"1月市场在避险情绪的驱动下出现较大幅度下跌，投资者配置方向也由去年的红利+微盘的“杠铃”风格，转向为红利的极致防守风格。2-3月，在市场资金面压力释放后，伴随政策端强力措施的出台，市场预期逐步修正，指数层面迎来了一定的反弹，开始逐渐修复前期的跌幅。站在当前时间点，我们对2024年全年经济基本面的看法仍未发生变化，A股企业整体盈利企稳回暖的概率较大。　　从风格方面来看，一季度风格分化较大，市场以红利、大盘风格为主要配置方向，以沪深300为代表的大盘、价值指数表现优于中证2000等小盘、成长指数，中证红利指数表现也优于上证综指、深成指数等市场基准指数。　　行业方面，各行业依旧呈现出较大的结构性差异，煤炭、石油石化、银行、家电、有色金属等行业表现相对强势，而电子、医药、房地产等行业则表现相对较弱。　　报告期内，本基金基于公司及行业基本面的持续跟踪，通过量化选股模型，从估值、成长、盈利、一致预期等角度在专精特新企业中进行股票优选，构建最终的投资组合。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:05.614Z","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"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下半年市场机会建议重点关注高端制造、TMT、低估值顺周期板块等强产业、稳增长政策重要“抓手”板块。风格上建议在风险偏好出现显著边际变化前，保持相对均衡的配置。　　投资策略上，我们持续纳入满足条件的专精特新主题公司进入我们的选股空间，同时将继续基于对公司基本面及行业景气度的持续跟踪，通过量化选股模型对专精特新主题股票进行优选，结合市场环境持续优化迭代模型，力争为投资者提供高于业绩比较基准的投资收益。","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=958752","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2297fea5b3eb05299ff","date":"2023-03-30T16:00:00.000Z","stockId":3000000017154,"sao":"2023年一季度，欧美银行暴雷事件对金融系统稳定性产生了较大冲击，提升了美联储等未来政策利率调整路径的不确定性。ChatGPT等大语言模型在技术上的飞跃使得全球投资者开始广泛评估通用人工智能对于未来产业与生活产生的影响，并且反映在资产定价上。国内方面，疫情达峰后经济活动逐渐复苏，生产端相对较强，但消费端特别是耐用消费相对较弱，青年就业存在结构性压力。权益市场上，人工智能和中国特色估值等相关板块是市场的关注热点。　　一季度，万得全A指数上涨6.47%。中信一级行业中计算机、传媒和通信等行业涨幅靠前，房地产、消费者服务和综合等行业跌幅靠前。　　报告期内，本基金根据量化多因子模型构建股票组合。组合在阿尔法因子层面上进行优化配置，并严格控制行业、市值等风险因子的暴露，做好跟踪误差的控制。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:05.603Z","fund":{"_id":3000000017154,"__csrcFundId":12022,"stockCode":"017154","shortName":"民生加银专精特新智选混合发起式(017154)","masterFundShortName":"民生加银专精特新智选混合发起式","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17154,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:25:43.130Z","status":"normal","exchange":"jj","fundCollectionId":4000050610000,"name":"民生加银专精特新智选混合型发起式证券投资基金","inceptionDate":"2022-12-04T16:00:00.000Z","setUpDate":"2022-12-04T16:00:00.000Z","setUpAssetScale":11544851.87,"setUpShares":11544851.87,"pinyin":"msjyzjtxzxhhxfqszqtzjj","followedNum":4,"memoNum":1,"managers":[{"stockCode":"8801639356","stockType":"fund_manager","exchange":"fm","tickerId":2619235320,"name":"周帅"}]},"announcement":{"linkText":"民生加银专精特新智选混合型发起式证券投资基金2023年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=882105","linkType":"PDF","source":"csrc_pdf"}}]}