window.pageData = {"stock":{"_id":3000000017885,"name":"长城久润灵活配置混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","fundStatus":"normal","stockCode":"017885","tickerId":17885,"shortName":"长城久润混合C","currency":"CNY","exchange":"jj","fundCollectionId":4000050150000,"inceptionDate":"2023-02-15T16:00:00.000Z","status":"normal","masterFundFlag":null,"activeFundFlag":null,"classificationFlag":null,"closedEnd":null,"etfFundFlag":null,"feederFundFlag":null,"indexFundFlag":null,"lofFundFlag":null,"pensionTargetFlag":null,"pinyin":"ccjrlhpzhhxzqtzjj","followedNum":1,"fundCollection":{"exchange":"jjgs","stockType":"fund_collection","stockCode":"50150000","tickerId":50150000,"name":"长城基金管理有限公司"},"managers":[{"name":"陈子扬","stockType":"fund_manager","stockCode":"db20913184","exchange":"fm","tickerId":32625236740}],"hotMetrics":{"fss":{"stockId":3000000017885,"type":"fss","f_s_s_d":"2024-06-29T16:00:00.000Z","f_ins_h_s_r":0,"f_ind_h_s_r":1,"f_h_a":57,"f_h_s_a":523,"f_ind_h_s_r_c_hy":0,"f_ins_h_s_r_c_hy":0,"f_ind_h_s_r_c_1y":0,"f_ins_h_s_r_c_1y":0,"last_data_date":"2025-06-29T16:00:00.000Z"},"fpr":{"stockId":3000000017885,"type":"fpr","f_p_r_fys_ssc":8947,"f_p_r_fys_ssrp":0.22568745808182428,"f_p_r_m1_ssc":9346,"f_p_r_m1_ssrp":0.142964151952916,"f_p_r_m3_ssc":9171,"f_p_r_m3_ssrp":0.3308615049073064,"f_p_r_m6_ssc":8947,"f_p_r_m6_ssrp":0.25273865414710484,"f_p_r_y1_ssc":8429,"f_p_r_y1_ssrp":0.22093023255813954,"f_p_r_y2_ssc":7799,"f_p_r_y2_ssrp":0.26878686842780203,"f_cagr_p_r_fs_ssc":9328,"f_cagr_p_r_fs_ssrp":0.5298595475501233,"f_p_r_y3_ssc":7011,"f_p_r_y3_ssrp":0.3360912981455064},"fp":{"stockId":3000000017885,"type":"fp","f_cagr_p_r_fs":0.049912785231384094,"f_p_r_m1":0.08908642616143303,"f_p_r_d1":0.008970820189274642,"f_p_r_m3":0.15313272877164152,"f_p_r_m6":0.19500213583938608,"f_p_r_fys":0.253079507278837,"f_p_r_y1":0.6176754047802631,"f_p_r_y2":0.8206963878945694,"last_data_date":"2026-07-05T16:00:00.000Z","f_p_r_y3":0.3959580838323393,"f_i_d":"2023-02-15T16:00:00.000Z"},"ff":{"stockId":3000000017885,"type":"ff","f_m_f":338392,"f_m_f_r":0.012,"f_c_f":56398,"f_c_f_r":0.002,"f_m_a_c_f":394790,"f_m_a_c_f_r":0.014,"f_m_c_f_d":"2025-01-19T16:00:00.000Z","f_c_fr":0.002,"f_fr_d":"2025-12-11T16:00:00.000Z","f_m_fr":0.012,"f_mac_fr":0.014},"f_nlacan":{"stockId":3000000017885,"type":"f_nlacan","f_nv_d":"2026-07-05T16:00:00.000Z","f_nv":1.6785,"f_nv_cr":-0.01241468580842553},"f_as":{"stockId":3000000017885,"type":"f_as","f_tas":37284622.585599996,"f_tas_d":"2026-03-30T16:00:00.000Z"}},"masterSlaveFunds":[{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj"}],"shareholdings":[{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":2001,"holdings":178300,"marketCap":6160265,"netValueRatio":0.0946,"quarterlyChange":0.37157602223104447,"stock":{"stockCode":"002001","exchange":"sz","stockType":"company","tickerId":2001,"name":"新和成"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":600426,"holdings":149600,"marketCap":5415520,"netValueRatio":0.0832,"quarterlyChange":0.15176582882596312,"stock":{"stockCode":"600426","exchange":"sh","stockType":"company","tickerId":600426,"name":"华鲁恒升"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":603067,"holdings":123060,"marketCap":3861622,"netValueRatio":0.0593,"quarterlyChange":0.0892051371051723,"stock":{"stockCode":"603067","exchange":"sh","stockType":"company","tickerId":603067,"name":"振华股份"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":2064,"holdings":346200,"marketCap":3552012,"netValueRatio":0.0546,"quarterlyChange":-0.06727272727272682,"stock":{"stockCode":"002064","exchange":"sz","stockType":"company","tickerId":2064,"name":"华峰化学"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":600160,"holdings":87700,"marketCap":2994955,"netValueRatio":0.046,"quarterlyChange":-0.10725666243815102,"stock":{"stockCode":"600160","exchange":"sh","stockType":"company","tickerId":600160,"name":"巨化股份"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":600309,"holdings":34400,"marketCap":2733080,"netValueRatio":0.042,"quarterlyChange":0.036124152321334924,"stock":{"stockCode":"600309","exchange":"sh","stockType":"company","tickerId":600309,"name":"万华化学"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":600389,"holdings":93000,"marketCap":2699790,"netValueRatio":0.0415,"quarterlyChange":0.14833860759493578,"stock":{"stockCode":"600389","exchange":"sh","stockType":"company","tickerId":600389,"name":"江山股份"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":792,"holdings":71200,"marketCap":2634400,"netValueRatio":0.0405,"quarterlyChange":0.3139204545454535,"stock":{"stockCode":"000792","exchange":"sz","stockType":"company","tickerId":792,"name":"盐湖股份"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":688257,"holdings":36807,"marketCap":2576490,"netValueRatio":0.0396,"quarterlyChange":1.0420070011668598,"stock":{"stockCode":"688257","tickerId":688257,"exchange":"sh","stockType":"company","name":"新锐股份"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000002512,"stockId":2092,"holdings":354600,"marketCap":2453832,"netValueRatio":0.0377,"quarterlyChange":0.38955823293172664,"stock":{"stockCode":"002092","exchange":"sz","stockType":"company","tickerId":2092,"name":"中泰化学"}}]},"list":[{"_id":"69e8ea5c1398d79843fe8686","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","stockId":3000000002512,"sao":"2026年一季度A股市场先扬后抑，核心指数整体小幅调整，其中上证指数下跌1.94%，沪深300下跌3.89%，创业板指下跌0.57%。结构上周期占优，石油石化、煤炭、公用事业、建材、基础化工涨幅居前，消费、金融、地产等板块相对偏弱。地缘冲突导致能源供应受阻，原油价格急剧拉升，市场风险偏好快速回落。　　一季度国内经济实现良好开局，工业生产、外贸出口超预期回暖，核心城市房地产市场企稳，经济整体呈现“外需走强、内需修复”的态势。海外地缘冲突持续推升能源价格，以及部分工业品供应中断，主要经济体或将面临通胀上升、需求走弱的压力。我国能源来源多元化、稳定性强，中期有望凭借供应链稳定的优势，提升制造业在全球的份额。　　本基金一季度持仓以基础化工、石油石化、机械设备为主，根据宏观环境变化减持石油石化板块，增持中期相对优势得到加强的细分行业。基金管理人将继续密切跟踪宏观与企业基本面变化，动态评估个股风险收益比，力求控制回撤、把握结构性机会。","lastUpdated":"2026-04-22T15:33:48.845Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2026年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1479727","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d67","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-01-21T16:00:00.000Z","stockId":3000000002512,"sao":"2025年四季度A股表现平稳，上证指数、沪深300、创业板指分别上涨2.22%、下跌0.23%和下跌1.08%。在海外产能退出、国内“反内卷”推动下，石油石化板块领涨；在商业航空催化下国防军工紧随其后。在产业趋势中的有色金属、通信板块则保持了三季度以来的强势。　　四季度出口保持强劲，投资和消费走弱，国内保持经济整体平稳的同时，坚定不移推进科技创新和产业结构转型。海外方面，美联储12月再次降息25BP，平衡通胀和就业。人工智能巨头业绩分化引发市场关于人工智能泡沫的讨论，借鉴历史经验，虽然每一轮科技创新过程中都容易出现过度投资，但最终科技创新将对生产生活产生深刻影响。总体而言，稳定的经济增长预期、宽松的货币和财政政策为权益市场提供了相对友好的环境。　　本基金四季度持仓以基础化工、石油石化、机械设备为主，净值表现超越基准。经历漫长的下跌之后，新能源产业链相关的化工材料价格在储能需求拉动下出现了反转。炼化产业链部分产品出现供需缺口，行业新一轮向上周期可能刚开启。本基金四季度根据基本面和估值性价比，增持石油石化、机械设备板块。","lastUpdated":"2026-03-09T13:09:23.331Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1459822","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d66","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000002512,"sao":"2025年三季度A股明显上涨，上证指数、沪深300、创业板指分别上涨12.7%、17.9%和50.4%。人工智能再次领涨，海外算力、国产算力轮番上涨，通信、电子指数涨幅分别达到50.2%、44.5%。在美国降息预期和国内“反内卷”政策驱动下，宏观关联度高的有色金属、基础化工等板块也有不俗表现。　　三季度国内经济增速平稳，产业结构转型加快，出口维持强劲。海外方面，美国就业走弱，美联储9月如期降息25BP，人工智能投资依旧活跃。　　本基金三季度持仓以化工、有色金属为主。“反内卷”是国内未来数年的重点工作之一，以化工为代表的产能过剩的中游行业将持续受益，投资回报率有望回升。三季度化工行业资本开支已经出现下降，展望未来两年，产能利用率将进入上行周期。当前化工板块盈利水平处于历史20-30%分位，随着产能利用率好转，行业盈利将有较大的提升空间。本季度增持化工行业个股，根据个股风险收益比，动态调整持股比例。","lastUpdated":"2026-03-09T13:09:23.329Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2025年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1380886","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d65","date":"2025-06-29T16:00:00.000Z","stockId":3000000002512,"sao":"2025年上半年A股整体上涨，其中上证指数涨2.76%，沪深300涨0.03%，创业板指涨0.35%；有色金属、银行、传媒、国防军工等行业涨幅居前，煤炭、房地产、食品饮料等行业下跌超过5%。　　人工智能无疑是一季度的市场主线，国产算力、智能驾驶、人形机器人均涌现出很多投资机会。此外，顺周期的有色金属、新兴消费亦有所表现。二季度初美国对全球主要国家加征关税，市场呈现较强的“避险”特征，投资者主动规避关税政策影响大的领域，创新药、新消费、银行成为这一阶段的主线。　　本基金上半年重点配置化工、有色、建材等板块，力求构建一个兼具安全边际和向上弹性的周期投资组合。上市基础化工企业资本开支从扩张走向收缩，产能周期下行、盈利周期上行渐行渐近。部分建材企业在周期底部仍具备丰厚的现金流回报，一旦需求预期改善，向上潜力可期。","declarationDate":"2025-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.326Z","mo":"上半年国内财政发力，消费企稳回升，出口保持强劲增长。根究出口强的原因，一方面是海外需求韧性较强，并存在“抢出口”现象，另一方面归功于我国制造业显著的竞争优势以及出口结构优化。　　展望下半年，海外二季度需求前置可能带来短期扰动，但美国和欧洲都进入财政扩张周期，外需将具有韧性。国内经济驱动力更多元，稳定性明显提升。中央财经委会议提出治理无序竞争、推动落后产能有序退出、引导干部树立和践行正确政绩观，“反内卷”政策有望改善重点行业的供需比，实现盈利能力好转。　　权益市场估值处于合理偏低水平，上半年上市公司自由现金流好转，在无风险收益率持续下行的背景下，优质上市公司提供的自由现金流回报有明显优势。监管鼓励长钱长投，居民资产配置向股票倾斜，权益市场资金结构改善。总体而言，我们对下半年权益市场展望乐观。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1346207","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d64","date":"2025-03-30T16:00:00.000Z","stockId":3000000002512,"sao":"2025年一季度A股走势平稳，结构机会为主。上证指数跌0.48%，沪深300跌1.21%，创业板指跌1.77%；有色金属、汽车、机械等行业涨幅居前。人工智能无疑是一季度的市场主线，国产算力、智能驾驶、人形机器人均涌现出很多投资机会。此外，顺周期的有色金属、新兴消费亦有所表现。风格上成长优于价值。　　一季度国内经济开门红，核心源于有力的消费刺激以及新兴产业投资加快，一线城市房价也有止跌回升的趋势。美国加征进口商品关税，政府债务面临约束，逐渐显示出滞胀迹象。中国权益资产一定程度上成了全球资本的“避风港”。　　本基金一季度持仓以基础化工、建材等周期行业龙头企业为主。从未来现金流贴现的视角来看，相关公司明显低估。在紧密跟踪持仓个股基本面变化的同时，根据股价表现动态评估个股的风险收益比。具体操作层面，从投资理念和能力圈出发，一季度增持了基础化工、建材等周期行业龙头，减持消费。","declarationDate":"2025-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.323Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2025年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1269196","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d63","date":"2024-12-30T16:00:00.000Z","stockId":3000000002512,"sao":"2024年A股整体上涨，上证指数、沪深300、创业板指分别涨12.67%、14.68%、13.23%。但上下半年市场风格却是大相径庭，红利、出海等贯穿上半年，大市值公司显著跑赢；9月底开始市场快速上涨，金融地产、TMT等板块明显占优。　　2024年久润基金重点配置食品饮料行业，相关标的股价经过漫长调整后长期潜在回报率较高，但客观而言短期行业需求表现不尽人意。　　股票市场是一个复杂的混沌系统，基本面只是影响短期股价的因子之一。过去一年我们能清晰看到，市场参与主体、信息的传播手段都可能成为定价的主导因素，唯有保持谦卑，力求取得稳健的收益。","declarationDate":"2025-01-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.321Z","mo":"过去一年经济运行出现一些新挑战，也取得了不凡的成就。对内稳定需求、提质增效，整顿财政纪律、改革分配体制，对外参与全球科技竞争，提升产业竞争力，这是难而正确的事。去年三季度开始宏观政策更加积极有为，实体经济将会逐渐感受到政策的效果。　　回到资本市场，过去一年国债收益率创新低，很多优质企业的估值仍在历史底部，其股价过去一年的上涨幅度甚至不如ROE水平。未来我们将继续聚焦供给约束、成本优势、产品差异化，在广阔的周期行业中寻找超额回报的机会。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1257389","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d62","date":"2024-09-29T16:00:00.000Z","stockId":3000000002512,"sao":"2024年三季度A股主要指数上涨，其中上证指数上涨12.44%，沪深300上涨16.07%，创业板指上涨29.21%。从行业来看，各版块均出现上涨，其中非银行金融、房地产、消费者服务等板块涨幅居前，石油石化、煤炭、电力及公用事业等板块涨幅居后。长城久润基金在本报告期内跑赢比较基准。　　随着9月底政治局会议定调，宏观政策在三季度末出现转向，一揽子刺激经济的增量政策陆续推出，货币政策开始发力，资本市场出现大幅度反弹，资本市场的表现一定程度上反映了市场预期和信心的修复。在过去几年，资本市场特别是消费板块持续下跌，很多优秀的消费企业的估值其实已经到了极低的估值，这些公司模式好、空间大、壁垒高、文化正，拉长周期看已经具备很大的投资价值，一旦宏观经济出现向上拐点，都具备不错的成长潜力。我们认为，虽然经济的修复不是一蹴而就，但现在已经在路上，只要老百姓对更美好生活追求的朴实向往不会发生变化，那么消费品的价值投资逻辑就不会发生改变，我们相信那些优秀的消费品企业的价值会逐步得到修复和重估。　　截至2024年三季度末，长城久润基金的重点配置板块为食品饮料等消费行业。展望2024年四季度，我们认为国内宏观经济有望出现向上的拐点，本基金希望选择符合当前消费发展趋势的行业及相关个股，赚企业成长的钱。","declarationDate":"2024-10-23T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.318Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2024年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1171216","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d61","date":"2024-06-29T16:00:00.000Z","stockId":3000000002512,"sao":"2024年上半年A股市场整体行情偏弱，其中上证指数跌0.25%，深证成指跌7.10%，创业板跌10.99%。从行业板块来看，银行、煤炭、石油石化等板块涨幅居前，消费者服务、计算机、商贸零售等板块跌幅居前。长城久润基金在本报告期内跑输比较基准。　　截至2024年上半年末，长城久润基金的重点配置板块为食品饮料等消费行业。在当前内需偏弱的背景下，本基金希望选择符合当前消费发展趋势的子行业及相关个股，赚企业成长的钱。","declarationDate":"2024-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.315Z","mo":"展望下半年，预计国内稳内需相关政策会逐步发力，经济呈现出稳中向好态势；以美国为代表的海外主要经济体预计将进入降息周期，补库存仍将持续。在此背景下，A股预计仍然存在结构性行情，本基金将结合宏观情况，综合评估行业景气度、公司基本面和估值水平，选择有合适预期回报的优质个股。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1154312","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d60","date":"2024-03-30T16:00:00.000Z","stockId":3000000002512,"sao":"2024年一季度A股主要指数涨跌互现，其中上证指数涨2.23%，沪深300涨3.10%，创业板指跌3.87%。从行业来看，石油石化、家电、银行、煤炭等板块涨幅居前，医药、电子、房地产、计算机等板块跌幅居前。长城久润基金在本报告期内跑输比较基准。　　截至2024年一季度末，长城久润基金的重点配置板块为食品饮料等消费行业。展望2024年二季度，我们认为国内宏观经济会处于稳中向好态势，欧美等海外主要经济体逐步进入补库存周期，A股市场存在结构性行情。本基金希望选择符合当前消费发展趋势的行业及相关个股，赚企业成长的钱。","declarationDate":"2024-04-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.312Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2024年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1074952","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d5f","date":"2023-12-30T16:00:00.000Z","stockId":3000000002512,"sao":"2023年A股市场主要指数均出现不同程度下跌。全年来看，上证指数跌3.70%，深证成指跌13.54%，创业板跌19.41%。从行业板块来看，通信、传媒、煤炭、家电等板块涨幅居前，消费者服务、房地产、电力设备及新能源、建材等板块跌幅居前。长城久润基金在本报告期内跑输比较基准。　　截至2023年底，长城久润基金的重点配置板块为食品饮料等消费行业。回顾2023年，我国经济呈现出弱复苏态势，消费行业整体呈现出“K型”复苏态势，即结构性消费升级及高性价比产品占优的趋势并行，行业挤压式增长的特征较为明显，在这样的大背景下，资本市场对于消费行业未来的增速中枢是否会大幅下移、升级态势是否能够持续下去等问题都有一定的担忧。虽然从最终的报表来看，很多消费龙头企业的业绩都呈现出较强的韧性，但市场对这些公司未来的发展担忧仍未消除，因此全年来看消费板块的走势呈现出震荡下行态势。　　当前来看，经过23年的调整，消费板块的整体估值为历史较低水平，很多优秀的消费品企业在产品升级、渠道拓展甚至国际化方面都有不错进展，已经具备较优的投资价值。本基金希望立足当前态势，选择符合当前经济环境的优秀消费品个股进行配置，立足长远，赚企业成长的钱","declarationDate":"2024-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.310Z","mo":"展望24年，机遇与风险并存，一方面，我国经济预计依然处于逐步回升状态，且美国即将进入降息周期，海外去库存基本完毕，这对我国出口产业也能够形成一定支撑；另一方面，国内有效需求不足的问题依然凸显，地产风险仍待出清，国际地缘政治也存在一定风险。　　综合来看，我国发展面临的有利条件强于不利因素，经济长期向好的基本趋势没有改变，人民对美好生活的向往也会不断实现，消费行业的结构性投资机会也一定会存在。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1056809","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d5e","date":"2023-09-29T16:00:00.000Z","stockId":3000000002512,"sao":"2023年三季度A股主要指数下跌，其中上证指数跌2.86%，沪深300跌3.98%，创业板指跌9.53%。从行业来看，煤炭、非银行金融、石油石化等板块涨幅居前，传媒、计算机、电力设备及新能源、国防军工等板块跌幅居前。长城久润基金在本报告期内跑赢比较基准。  截至2023年三季度末，长城久润基金的重点配置板块为食品饮料等消费行业。展望四季度，我们认为宏观经济及行业基本面方面积极的因素正在累积，经济企稳回升的势头会持续；市场的风险偏好当前处于低位，未来也有望逐步回升；另外市场流动性仍然较为充裕，因此预计市场存在结构性行情。从基金重点持仓的消费行业来看，行业呈现“K”型复苏的态势，本基金仍然希望选择符合当前经济环境的消费个股，即选择具有高性价比或者结构性消费升级产品的成长型企业进行配置，立足长远，赚企业成长的钱。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.307Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2023年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=992449","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d5d","date":"2023-06-29T16:00:00.000Z","stockId":3000000002512,"sao":"2023年上半年A股市场出现分化行情，其中上证指数涨3.65%，深证成指涨0.10%，创业板跌5.61%。从行业板块来看，通信、传媒、计算机等板块涨幅居前，消费者服务、房地产、农林牧渔等板块跌幅居前。长城久润基金在本报告期内跑输比较基准。  截至2023年上半年末，长城久润基金的重点配置板块为食品饮料等消费行业。从行业基本面来看，年初消费场景快速恢复，市场出现一定程度的报复性消费，消费板块呈现出较好的复苏态势；但在年后的经济弱复苏背景下，消费板块也出现疲软，呈现出“K型”复苏态势，结构性、挤压性增长的特征较为明显。在此背景下，本基金希望选择符合当前经济环境的消费个股，即选择具有高性价比或者结构性消费升级产品的成长型企业进行配置，精选优质个股，赚企业成长的钱。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.304Z","mo":"展望下半年，预计国内宏观政策在稳增长扩内需方面会持续发力，经济将逐步修复，市场流动性将维持较为宽松的水平，A股市场预计存在结构性行情。本基金会在预期收益率的指引下，结合行业景气度、公司基本面及估值水平，以更加严格的风险控制措施，在更加“合适”的时点持有具有投资价值的好公司。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=966552","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d5c","date":"2023-03-30T16:00:00.000Z","stockId":3000000002512,"sao":"2023年一季度A股主要指数上涨，其中上证指数涨5.94%，沪深300涨4.63%，创业板指涨2.25%。从行业来看，计算机、传媒、通信和电子等板块涨幅居前，房地产、消费者服务、银行等板块跌幅居前。长城久润基金在本报告期内跑赢比较基准。  截至2023年一季度末，长城久润基金的重点配置板块为食品饮料等消费行业。我们认为随着消费场景的逐步恢复和经济的逐步回暖，消费板块会呈现出逐步复苏态势，本基金仍然希望沿着消费升级和困境反转这两条主线，增配可选消费，精选优质个股，赚企业成长的钱。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.301Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2023年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=885412","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d5b","date":"2022-12-30T16:00:00.000Z","stockId":3000000002512,"sao":"2022年对于A股市场来说是很艰难的一年，全年来看，上证指数跌15.13%，深证成指跌25.86%，创业板跌29.37%。从行业板块来看，仅有煤炭、消费者服务和交通运输板块上涨，电子、国防军工、计算机等板块跌幅居前。长城久润基金在本报告期内跑输比较基准。  截至2022年底，长城久润基金的重点配置板块为食品饮料等消费行业。回顾2022年，由于受到疫情反复扰动的影响，消费场景缺失，消费板块的基本面承压，消费板块的市场表现基本跟随疫情的发展及预期而波动。随着2022年11月11日国家优化疫情防控政策的推出，疫情防控进入新阶段，消费场景逐步恢复，整个消费板块的基本面也呈现出逐步修复态势。  展望2023年，我们预计消费复苏会成为市场贯穿全年的主线，本基金希望沿着消费升级和困境反转这两条主线，增配可选消费，精选优质个股，赚企业成长的钱。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.298Z","mo":"展望23年，预计经济会呈现“内需复苏、外需偏弱”态势，流动性依然会较为充裕，消费板块存在投资机会。本基金会结合基本面、估值及行业景气度，选择持有消费板块中具有中长期投资价值的好公司。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=872760","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d5a","date":"2022-09-29T16:00:00.000Z","stockId":3000000002512,"sao":"2022年三季度A股市场呈现出单边下行走势，其中上证指数跌11.01%，深证成指跌16.42%，创业板跌18.56%。从行业板块来看，仅有煤炭板块上涨，建材、电子、传媒、医药等板块跌幅居前。长城久润基金在本报告期内跑输比较基准。  截至2022年三季度末，长城久润基金的重点配置板块为食品饮料、农林牧渔等消费行业。在三季度，国内疫情呈现“多点散发、多点频发、局部爆发”的态势，由于消费场景的部分缺失，可选消费的修复比预期要更加曲折缓慢，相关板块也出现调整。根据行业和个股的基本面情况，我们对持仓进行了一些调整，增配了部分受疫情扰动相对较小，自身经营情况较优、处于成长周期的个股，如相关小食品企业，而减持了部分预期业绩可能不及预期，受疫情扰动较大的个股；同时，基于对生猪养殖行业现阶段供需格局的判断，我们对后市猪价走势相对乐观，因此在三季度增配了农林牧渔板块的相关个股。展望四季度，我们认为相关板块在经历三季度的快速调整和风险释放后，再次进入不错的价值投资区间，本基金希望沿着消费升级和困境反转这两条主线，精选优质个股，赚企业成长的钱。  对于四季度，我们认为内外部环境依旧会相对复杂，但在国内流动性持续宽松和稳增长政策进一步加码的背景下，A股市场仍将以结构性行情为主。本基金依然会在预期收益率的指引下，结合更加严格的风险管理措施，在更加“合适”的时点持有具有投资价值的好公司。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.295Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2022年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=809297","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d59","date":"2022-06-29T16:00:00.000Z","stockId":3000000002512,"sao":"2022年上半年A股市场波动较大，呈现出先跌后涨的走势，其中上证指数跌6.63%，深证成指跌13.20%，创业板跌15.41%。从行业板块来看，仅有煤炭、消费者服务和交通服务板块上涨，电子、传媒、计算机、军工等板块跌幅居前。长城久润基金在本报告期内跑输比较基准。  截至2022年上半年末，长城久润基金的重点配置板块为食品饮料等消费行业。从行业基本面来看，国内部分地区在经历4月和5月新冠疫情管控后，6月初复工复产节奏明显加快，疫情管控更加精准可控，可选消费场景逐步恢复，市场对于消费复苏的预期提升，叠加在一季度末消费板块的整体估值已经处于相对合理水平，二季度以食品饮料为代表的消费板块出现较大幅度的反弹。展望下半年，在精准防控政策背景之下，如果疫情不出现严重反复，预计消费板块基本面会呈现出环比改善趋势，中长期来看存在不错的投资机会。本基金希望沿着消费升级和困境反转这两条主线，选择 “模式好、空间大、壁垒高、文化正”的优秀企业，重仓优质个股，主要赚企业成长的钱。","declarationDate":"2022-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.292Z","mo":"展望下半年，我们认为内外部环境仍然会相对复杂，预计国内宏观政策在扩大需求方面会继续发力，经济将逐步修复，市场流动性仍将维持较为宽松的水平，A股市场预计依然会存在结构性行情。本基金会在预期收益率的指引下，结合更加严格的风险控制措施，在更加“合适”的时点持有具有投资价值的好公司。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=787532","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d58","date":"2022-03-30T16:00:00.000Z","stockId":3000000002512,"sao":"2022年一季度A股市场出现较大幅度调整，其中上证指数跌10.65%，深证成指跌18.44%，创业板跌19.96%。从行业板块来看，仅有煤炭、房地产和银行上涨，消费、制造及科技等主流赛道板块跌幅较大。长城久润基金在本年度跑输比较基准。  截至2022年一季度末，长城久润基金的重点配置板块为食品饮料等消费行业。由于2022年一季度特别是春节后全国疫情多点频发，部分一线城市还较为严重，使得很多可选消费品的消费场景受到较大抑制，终端动销出现不同程度的影响。从当前时间点来看，消费板块的整体估值已经处于合理水平，预计后续随着全国疫情出现好转，稳增长政策逐步发力，终端动销会恢复好转，中长期来看消费板块已经存在不错的投资机会。本基金希望沿着消费升级和困境反转这两条主线，选择 “模式好、空间大、壁垒高、文化正”的优秀企业，重仓优质个股，主要赚企业成长的钱。  如在21年年报所述，我们认为2022年内外部环境都相对复杂，A股可能会处于相对震荡的态势，但结构性行情仍在。在当前时点，市场经过大幅度调整之后，消费板块已经存在一些机会，本基金依然会在预期收益率的指引下，更加注重风险管理，在更加“合适”的时点持有具有投资价值的好公司。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.281Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2022年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=730075","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d57","date":"2021-12-30T16:00:00.000Z","stockId":3000000002512,"sao":"2021年A股市场整体运行平稳。全年来看，上证指数涨4.80%，深证成指涨2.67%，创业板涨12.02%。从行业板块来看，结构性行情显著，新能源及周期板块涨幅居前，消费及医药板块全年收跌。长城久润基金在本年度跑输比较基准。  截至2021年底，长城久润基金的重点配置板块为食品饮料等消费行业。由于受到疫情扰动、终端需求偏弱、上游原材料大幅上涨等负面因素影响，消费板块在2021年整体表现相对较弱，全年处于消化估值和等待基本面拾级而上的过程。展望2022年，消费板块存在两方面的机会，第一，消费升级带来的行业扩容增长机会；第二，基本面困境反转带来的投资机会，本基金希望沿着这两条投资主线，选择“模式好、空间大、壁垒高、文化正”的企业，重仓优质个股，主要赚企业成长的钱。  需要指出的是，在2022年，由于内外部环境相对复杂，我们认为A股可能会处于相对震荡的态势，但结构性行情仍在，因此本基金会在预期收益率的指引下，更加注重风险管理，在更加“合适”的时点持有具有投资价值的好公司。","declarationDate":"2022-01-23T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.278Z","mo":"2022年我国经济面临需求收缩、供给冲击、预期转弱三重压力，短期有经济下行的压力，在此背景下预计国内货币政策会相对宽松，稳增长政策会逐步发力；而海外则处于美国通货膨胀预期上行，美联储加快退出货币宽松的加息周期之中。在此背景下，预计A股会处于相对震荡的态势，但会存在一定的结构性行情，因此长城久润基金将更加注重风险管理，综合行业景气度、个股基本面及估值水平，紧密跟踪市场情况，精选优质个股。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2021年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=716264","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d56","date":"2021-09-29T16:00:00.000Z","stockId":3000000002512,"sao":"2021年三季度，A股出现较为明显的结构性行情，市场交易量持续维持高位。从整个三季度来看，主要指数都有不同程度的下跌，其中科创板、创业板及深成指下跌较多；从行业来看，煤炭、有色、钢铁、化工等周期板块涨幅居前，而消费者服务、医药、食品饮料、家电、纺织服装等消费板块跌幅居前。长城久润基金在本季度跑输比较基准。三季度市场流动性维持宽松态势，市场交易火热。在上游相关资源品供需错配的背景下，相关原材料价格持续上涨，周期股迎来较大幅度涨幅，而消费板块由于需求偏弱及成本端承压，本季度内都有不同程度的调整。展望四季度，在经济下行的背景之下，市场对稳增长预期提升，流动性环境大概率维持在较宽松区间，市场风格预计会呈现出相对均衡的态势。淡化市场风格，综合景气度及估值，寻找并持有高景气好赛道中的优秀企业依然是本基金下阶段的主要目标。","declarationDate":"2021-10-26T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.275Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2021年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=658224","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d55","date":"2021-06-29T16:00:00.000Z","stockId":3000000002512,"sao":"2021年上半年，A股市场呈现出较大波动，市场风格也发生较大变化，科创板及创业板表现较好。从行业来看，化工、钢铁、煤炭、石油石化等周期行业以及电力设备及新能源、医药、电子等科技行业表现较好。长城久润基金在报告期内跑赢比较基准。在报告期内，本基金依然秉持自上而下与自下而上相结合的投资策略，自上而下选择景气度相对较好的子行业，自下而上选择高景气子行业中“模式好、空间大、壁垒高、文化正”的企业，重仓优质个股，坚守价值投资。从本基金持仓的行业来看，食品饮料、医药、家用电器等行业持仓占比较大，其中次高端白酒、CXO、医美、清洁电器等子赛道的相关公司对基金的净值有较大贡献。","declarationDate":"2021-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.272Z","mo":"展望下半年，从宏观层面来看，内外部环境均存在一定的不确定性，市场对未来的经济增长和市场流动性预期存在分歧，预计市场会呈现出相对震荡的态势，但结构性机会仍然存在，我们预计符合国家中长期发展战略的行业机会相对较大，其中高成长的优质企业有望通过快速的成长维持或消化估值，分析寻找并持有在好赛道中高速成长的好公司成为本基金下阶段的主要目标。主要方向上除了消费、医药等板块外，预计会增配部分优秀的科技、制造类企业。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2021年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=636729","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d54","stockId":3000000002512,"sao":"2021年一季度，A股市场在春节前后出现“冰火两重天”的走势，节前交易火热，“核心资产”涨幅较大，而节后“核心资产”快速下跌，交易量持续萎缩，呈现出“过山车”行情。从整个一季度来看，主要指数均呈现出不同程度的跌幅；从行业来看，钢铁、电力及公用事业、银行、建筑、煤炭、建材等偏周期的行业涨幅居前，而军工、非银行金融、计算机、电子、通信、食品饮料等行业跌幅居前。长城久润基金在本季度跑输比较基准。市场的涨跌很多时候以“后视镜”的角度来看都具有其合理性和必然性，比如美债收益率持续上升对“核心资产”估值有压制等，但事前确实很难预测，我们能做的只能是在市场上寻找优秀的公司，并以相对合适的价格买入持有，伴随公司一起成长，赚到公司业绩成长的钱。正如在长城久润基金2020年四季报及2020年报中所提到的，本基金的主要投资策略是选择“模式好、空间大、壁垒高、文化正”的企业，重仓优质个股。展望二季度，我们依然会按照这个投资策略去进行投资，只是会在选择好公司的同时，更加注重买入的价格。经历过一季度的调整，当前一些优秀公司的估值又进入相对合理的区间，预计未来市场会呈现出震荡格局和结构性机会，长城久润基金会保持相对稳定的投资风格，持有优秀且预期收益率合适的公司。","date":"2021-03-30T16:00:00.000Z","declarationDate":"2021-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.270Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2021年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=575323","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d53","stockId":3000000002512,"sao":"2020年新冠疫情肆虐全球，扰乱了世界经济的原本运行轨迹，全球资本市场大幅波动，而中国经济一枝独秀，A股市场也走出震荡反弹的格局。全年来看，上证指数涨13.87%，深证成指涨38.73%，创业板涨64.96%，消费、医药、科技等板块均出现较大涨幅，长城久润基金在本年度跑赢比较基准。如长城久润基金四季报所述，在20年12月9日变更基金经理后，长城久润基金的持仓结构有一定变化，重点配置行业集中在食品饮料、生物医药、休闲服务等消费行业，对于景气度较高、长期空间大的科技、制造子行业也有所配置，持仓的集中度有一定提升。本基金希望选择“模式好、空间大、壁垒高、文化正”的企业，重仓优质个股，追寻价值投资，主要赚企业成长的钱。展望2021年，全球经济有望共振复苏，中国经济持续恢复、稳定回升，在此背景下，市场对于货币政策的收缩存在担忧，经济复苏与货币收缩，前者推动企业盈利增长（即推动eps的增长），后者压制估值（即引发PE回落），两者之间的博弈会影响A股的未来走势，预计A股市场的波动会加大。从目前的情况来看，预计21年一季度货币政策虽然不会继续扩张，但仍将呈现相对宽松的态势，而企业盈利预计 会呈现扩张态势，对于A股市场来说，预计仍然存在结构性机会。需要指出的是，当前A股的估值并不便宜，对于未来收益率的预期需要降低，长城久润基金将结合市场情况，继续精选好赛道，重仓优质行业龙头，行稳致远，陪伴这些企业一起成长。","date":"2020-12-30T16:00:00.000Z","declarationDate":"2021-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.267Z","mo":"2021年是中国十四五规划的开局之年，而十四五是中国建立新发展格局、实现高质量发展、推动自主创新、科技强国的关键时期。当前，中国经济呈现持续恢复、稳定回升的态势，我们预计在此背景下会有一批优秀企业抓住产业转型升级和消费升级的发展机遇，继续高质量大踏步发展。对于证券市场而言，展望21年上半年，预计在企业盈利持续回升和货币政策不会急转弯的背景下，A股市场仍会蕴含机会，长城久润基金将继续保持风格稳定，紧密跟踪市场情况，精选赛道，深挖个股。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2020年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=559667","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d52","stockId":3000000002512,"sao":"2020年三季度，由于流动性收紧的预期和外围环境的不确定性，A股市场在7月初的快速上涨之后，各主要指数一直呈现高位震荡的状态，没有明显的趋势性行情。前期表现较好的医药和TMT行业在本季度均出现明显回调，长城久润基金由于较多的科技和医药行业持仓，在本季度表现不佳，跑输比较基准。三季度，久润基金重点配置了半导体、软件、生物医药、信息安全、新能源等高景气细分行业优秀公司，这些公司符合产业发展的趋势，从长远来看依然有上升空间，但由于短期估值较高，一些个股在本季度也出现了明显回调。此外，基金还持有部分有竞争优势的中游制造业企业，以及近年来呈现出快速发展趋势的新兴消费品公司，紧跟经济和社会发展方向，力争享受产业升级和消费理念变化带来的红利。当前，中国疫情得到了很好的控制，经济复苏势头良好，长期来看改革措施还会不断推进，这些都为资本市场带来新的机遇。虽然国内经济仍面临一定压力，国外疫情和美国选情也有很大的不确定性，但问题是暂时的，从长期来看，我们对中国经济和科技的未来依旧充满信心。在接下来的运作中，久润基金会关注行业和公司的积极变化，跟踪高景气、高增长的细分领域，捕捉具有时代特征的领军成长股。","date":"2020-09-29T16:00:00.000Z","declarationDate":"2020-10-27T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.264Z","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2020年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=492561","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6837fea5b3eb0459d51","stockId":3000000002512,"sao":"2020年上半年，突如其来的新冠肺炎疫情对全球经济带来了巨大的冲击。A股科技股在春节后出现明显上涨，但在全球疫情蔓延、需求萎缩的悲观预期下也经历了大幅回撤。随着国内复工复产稳步推进、经济触底预期不断明朗，A股市场顶住了压力，走出明显的结构性行情，医药、食品饮料、TMT行业涨幅明显。久润基金坚定布局优质个股，上半年保持了对科技和医药等景气板块的持仓，取得了较好的正收益。2020年上半年，久润基金重点布局优质成长股和不受疫情损害的消费股，生物医药、计算机、电子、食品饮料等行业持仓较多。重点配置了半导体、消费电子、生物医药、医疗信息化、信息安全、5G等高景气细分行业优秀公司，这些公司符合产业升级的趋势，从长远来看依然有上升空间。同时基金继续持有部分具备护城河的优质消费属性的公司，关注这些公司带来的长期稳定回报。以消费为盾，成长为矛，紧跟国家发展方向，力争享受经济结构变革带来的红利。在接下来的运作中，在保持原有风格的基础上，久润基金会注重成长股的投资机会，关注行业和公司的积极变化，积极捕捉边际变化中出现的领军股。","date":"2020-06-29T16:00:00.000Z","declarationDate":"2020-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:09:23.261Z","mo":"当前，中国疫情得到了很好的控制，展现出了巨大的制度优势，长期来看改革措施还会不断推进，这些都为市场带来新的机遇。虽然国内经济仍面临很大压力，外围国际环境也存在很多挑战，疫情仍有反复，但困难是暂时的，从长期来看，我们对中国经济的未来依旧充满信心。从中长期来看，我们相信国家产业升级的方向不变，新经济的发展势在必行；另一方面，美国对中国的技术打压深刻警醒国人，自主创新、掌握核心技术已经成为中国继续发展的征途上不得不攻克的难关；同时，消费在整个经济增长中的支柱地位越发明显，形成了孕育优质消费品公司的大环境，这些都是A股未来长期机会之所在。我们预计A股在2020年下半年仍将出现很多机会。具体来看，我们对于优质的成长股、估值尚可的消费股将继续关注，随着企业盈利的增长，其长远来看依然还有上升空间。另一方面，我们对于有边际变化、积极向好的行业和公司会积极布局。","fund":{"_id":3000000002512,"stockCode":"002512","stockType":"fund","areaCode":"cn","followedNum":2,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-03-27T16:00:00.000Z","setUpScale":2671810000,"market":"a","tickerId":2512,"custody":"中国农业银行股份有限公司","name":"长城久润灵活配置混合型证券投资基金","shortName":"长城久润混合(002512)","fundSecondLevel":"hybrid","__csrcFundId":2659,"fundStatus":"normal","lastUpdated":"2026-04-30T18:30:24.150Z","masterFundFlag":1,"inceptionDate":"2016-04-25T16:00:00.000Z","fundCollectionId":4000050150000,"currency":"CNY","masterFundShortName":"长城久润混合","pinyin":"ccjrlhpzhhxzqtzjj","managers":[{"stockCode":"db20913184","stockType":"fund_manager","exchange":"fm","tickerId":32625236740,"name":"陈子扬"}]},"announcement":{"linkText":"长城久润灵活配置混合型证券投资基金2020年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=463308","linkType":"PDF","source":"csrc_pdf"}}]}