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业层面，20-21年赚取超额收益后进行新一轮的扩张，22-23年是大规模产能释放的阶段，叠加羸弱的需求，价格承压。进入24年，供需缺口理论上会逐步趋于弥合。政策层面，年初资本市场大幅下行，在一系列针对市场的救市政策刺激下，很快触底回升。经济政策方面，政府对经济增长的目标依然坚定，亦有相应的托底经济的政策出台。我们认为对24年经济的走势理应抱以乐观的态度。市场方面，一季度的走势波澜不惊，春节后各大指数均收复了节前的下跌并创出阶段新高。风格层面，节前红利风格依然强势。节后主要行业指数先后完成了轮动反弹。一季度末，市场开始进入到缺乏主线的阶段。展望后市，23年是双杀，24年我们认为是双稳，为后续行情展开做准备的一年。同时，我们认为结构性的机会也会不少。我们会持续努力做好扎实的研究和跟踪。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T14:00:41.292Z","fund":{"_id":3000000017935,"__csrcFundId":12412,"stockCode":"017935","shortName":"国泰海通远见价值混合发起(017935)","masterFundShortName":"国泰海通远见价值混合发起","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17935,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:44:55.644Z","status":"normal","exchange":"jj","fundCollectionId":4000052120000,"inceptionDate":"2023-02-28T16:00:00.000Z","name":"国泰海通远见价值混合型发起式证券投资基金","setUpDate":"2023-02-28T16:00:00.000Z","setUpAssetScale":10009499.94,"setUpShares":10009499.94,"pinyin":"gthtyjjzhhxfqszqtzjj","followedNum":9,"memoNum":1,"managers":[{"stockCode":"db20895542","stockType":"fund_manager","exchange":"fm","tickerId":260324239350,"name":"朱晨曦"}]},"announcement":{"linkText":"国泰君安远见价值混合型发起式证券投资基金2024年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1071737","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2897fea5b3eb052ebe6","date":"2023-12-30T16:00:00.000Z","stockId":3000000017935,"sao":"23年全年经济运行弱于投资者预期，全年呈现前高后低的走势。下半年尽管政策开始发力，但实际的效果年内并不明显。海外方面，年初市场预期美联储年内开始降息，实际美国的经济韧性较强，美债全年维持在相对高位。国内疲弱的基本面，叠加海外依然偏紧的金融环境，市场在乐观预期推动下3月初见顶，此后全年逐波走低，到11月以后甚至迎来了情绪性的抛售。2023年是远见价值的第一年，总体配置思路上，我们以安全边际为出发点，配置的行业和个股远离机构重仓，全年表现尚可。","declarationDate":"2024-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T14:00:41.289Z","mo":"展望24年，宏观上重点关注国内经济的反弹力度和海外流动性的演变路径。至少上半年，我们认为23年以来的低估值风格可以延续。组合总体的配置思路不会做大的变化。24年Q2以后，我们会根据宏观环境的变化情况，对组合做一定的调整。","fund":{"_id":3000000017935,"__csrcFundId":12412,"stockCode":"017935","shortName":"国泰海通远见价值混合发起(017935)","masterFundShortName":"国泰海通远见价值混合发起","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17935,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:44:55.644Z","status":"normal","exchange":"jj","fundCollectionId":4000052120000,"inceptionDate":"2023-02-28T16:00:00.000Z","name":"国泰海通远见价值混合型发起式证券投资基金","setUpDate":"2023-02-28T16:00:00.000Z","setUpAssetScale":10009499.94,"setUpShares":10009499.94,"pinyin":"gthtyjjzhhxfqszqtzjj","followedNum":9,"memoNum":1,"managers":[{"stockCode":"db20895542","stockType":"fund_manager","exchange":"fm","tickerId":260324239350,"name":"朱晨曦"}]},"announcement":{"linkText":"国泰君安远见价值混合型发起式证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1053339","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2897fea5b3eb052ebe5","date":"2023-09-29T16:00:00.000Z","stockId":3000000017935,"sao":"经济和市场走势方面，三季度我们注意到宏观经济的部分指标开始走强，9月PMI录得50.2，再次回到荣枯线上方，趋势上也是连续四个月反弹。表明尽管目前宏观经济难言乐观，但趋势上向好的趋势已经形成。商品价格方面，三季度以来商品价格持续走强，在主要大类资产中走势略显突兀。价格是供需的反应，这也表明经济最弱的阶段已经过去。我们的思考和投资策略方面，近期市场的弱势我们认为和静态基本面依然较弱有关。客观上，今年企业盈利是承压的，尤其是近期三季报逐步披露，不少行业的龙头企业也开始不及预期。尽管投资者对未来的预期已经开始从最悲观的位置扭转。但反应已经发生事实的基本面依然承压，两者叠加之后股价并没有明显反弹。展望未来，随着政策呵护叠加经济的内生动能，驱动经济和企业盈利进入新的一轮上行周期，市场也有望在今年四季度开始逐步走稳。公募基金经历了连续两年的糟糕表现后，我们认为可以更积极一些了。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T14:00:41.286Z","fund":{"_id":3000000017935,"__csrcFundId":12412,"stockCode":"017935","shortName":"国泰海通远见价值混合发起(017935)","masterFundShortName":"国泰海通远见价值混合发起","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17935,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:44:55.644Z","status":"normal","exchange":"jj","fundCollectionId":4000052120000,"inceptionDate":"2023-02-28T16:00:00.000Z","name":"国泰海通远见价值混合型发起式证券投资基金","setUpDate":"2023-02-28T16:00:00.000Z","setUpAssetScale":10009499.94,"setUpShares":10009499.94,"pinyin":"gthtyjjzhhxfqszqtzjj","followedNum":9,"memoNum":1,"managers":[{"stockCode":"db20895542","stockType":"fund_manager","exchange":"fm","tickerId":260324239350,"name":"朱晨曦"}]},"announcement":{"linkText":"国泰君安远见价值混合型发起式证券投资基金2023年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=989475","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2897fea5b3eb052ebe4","date":"2023-06-29T16:00:00.000Z","stockId":3000000017935,"sao":"上半年本产品完成了建仓，本产品以绝对收益为导向，不过分追求收益率，力求在收益和回撤间寻求平衡，给投资人较好的持有体验。现阶段，银行是我们重点布局的板块，我们认为银行正处在历史性的投资机遇期。同时我们亦持有一批优秀且具有安全边际的制造业企业。整体组合估值合适，风险可控。","declarationDate":"2023-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T14:00:41.283Z","mo":"经济和市场走势方面，上半年整体的经济运行是弱于投资者预期的。市场走势方面，上半年投资者经历了过山车。近期的变化是7月政治局会议后，下半年的政策走向开始清晰。作为对比，2022年同期的政治局会议，高层较为有定力的表态后，确实下半年没有看到明确的托底政策，市场表现也非常惨淡。在中国的经济运行过程中，政策的影响是极端重要的。基于此，我们对下半年整体并不悲观。近期市场有所反弹，但依然瞻前顾后，信心不足。我们的思考和投资策略方面，过去一个季度的市场，我们深刻感受到了市场预期的变化。市场每隔几年都会出现令投资者缺乏长期信心的一段时期，但过去的多次经验表明长期增长中枢并没有出现断崖式的下滑。近期的典型案例是市场开始担忧中国将会日本化。事实上，但凡梳理过两国地产价格的走势，可以不难得出日本化概率很小的结论。中国从16年5月开始战略层面处理金融领域风险，海航系、明天系、安邦系、恒大为代表的激进地产企业等等逐一倒下，决策层用了接近10年时间把金融领域的重大风险逐步清理，在这个过程中保持了经济社会平稳发展。而在这个过程即将收尾的时候，投资者反而经历了较大的市场波动。也许2-3年当市场再次泡沫化后回过头看，会发现我们的决策层何其前瞻和明智。","fund":{"_id":3000000017935,"__csrcFundId":12412,"stockCode":"017935","shortName":"国泰海通远见价值混合发起(017935)","masterFundShortName":"国泰海通远见价值混合发起","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17935,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-05-01T01:44:55.644Z","status":"normal","exchange":"jj","fundCollectionId":4000052120000,"inceptionDate":"2023-02-28T16:00:00.000Z","name":"国泰海通远见价值混合型发起式证券投资基金","setUpDate":"2023-02-28T16:00:00.000Z","setUpAssetScale":10009499.94,"setUpShares":10009499.94,"pinyin":"gthtyjjzhhxfqszqtzjj","followedNum":9,"memoNum":1,"managers":[{"stockCode":"db20895542","stockType":"fund_manager","exchange":"fm","tickerId":260324239350,"name":"朱晨曦"}]},"announcement":{"linkText":"国泰君安远见价值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=963810","linkType":"PDF","source":"csrc_pdf"}}]}