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　　投资如山岳般古老，我们将一如既往回归投资本源，契合当前时代特征，顺应产业发展的内在趋势，平衡企业盈利和景气成长，力争为投资人创造优秀可持续的业绩。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T14:00:46.528Z","fund":{"_id":3000000017991,"__csrcFundId":12407,"stockCode":"017991","shortName":"华泰柏瑞致远混合A","masterFundShortName":"华泰柏瑞致远混合A/C","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17991,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:41.320Z","status":"normal","exchange":"jj","fundCollectionId":4000050440000,"name":"华泰柏瑞致远混合型证券投资基金","inceptionDate":"2023-05-23T16:00:00.000Z","setUpDate":"2023-05-23T16:00:00.000Z","setUpAssetScale":24793421.51,"setUpShares":24793421.51,"pinyin":"htbrzyhhxzqtzjj","followedNum":1,"managers":[{"stockCode":"db20906791","stockType":"fund_manager","exchange":"fm","tickerId":2506239910,"name":"叶丰"}]},"announcement":{"linkText":"华泰柏瑞致远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=1278548","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed28e7fea5b3eb052f0b5","date":"2024-12-30T16:00:00.000Z","stockId":3000000017991,"sao":"2024年度，沪深300指数上涨14.68%，创业板指数上涨13.23%，本基金A类上涨7.01%，C类上涨6.35%。　　2024年9月份美联储降息50bp，海外美元流动性反哺新兴经济体；同时国内政治局会议定调稳经济、稳地产、稳股市，国内渡过了保持战略定力阶段，重视居民资产负债衰退对消费的影响，推出一揽子稳增长政策。分母分子端共振，提升了A股估值水位，前期超跌板块迅速实现估值修复。　　截至年末，本基金产品权益仓位为82%，较三季度末下降了10%，属于中性仓位。从结构上看，本基金产品有色板块仓位持平，计算机行业仓位略有下降，消费板块做了减仓，仓位未来仍有变动空间。","declarationDate":"2025-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T14:00:46.526Z","mo":"展望2025年，我们对市场保持乐观。海外方面，我们关注特朗普上台后的中美关系变化以及美联储货币政策或将带来的冲击影响；国内方面，我们则更为关注稳增长政策带来的经济修复和适度宽松货币政策的落地。投资方向上，我们看好国债收益率下降引发储蓄搬家、资产重配带来的流动性溢价，受益方向主要为科技板块、红利板块等。同时，从长期维度看，我们仍看好黄金板块，少数优质金矿企业伴随产能投放将迎来新一轮快速成长。　　计算机行业迎来了分母端和分子端的双重驱动，宽松货币环境有利于计算机估值扩张，Deepseek推理模型的开源又降低了AI应用开发门槛，我们乐见AI投资从上游算力向下游应用端拓展。Agent方面，机器人或是空间最大的细分方向；垂类应用方面，底层通用大模型能力变强后，金融、医疗、法律、教育等各行业应用也将迎来百花齐放的阶段。　　投资如山岳般古老，我们将一如既往回归投资本源，契合当前时代特征，顺应产业发展的内在趋势，平衡企业盈利和景气成长，力争为投资人创造优秀可持续的业绩。","fund":{"_id":3000000017991,"__csrcFundId":12407,"stockCode":"017991","shortName":"华泰柏瑞致远混合A","masterFundShortName":"华泰柏瑞致远混合A/C","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17991,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:41.320Z","status":"normal","exchange":"jj","fundCollectionId":4000050440000,"name":"华泰柏瑞致远混合型证券投资基金","inceptionDate":"2023-05-23T16:00:00.000Z","setUpDate":"2023-05-23T16:00:00.000Z","setUpAssetScale":24793421.51,"setUpShares":24793421.51,"pinyin":"htbrzyhhxzqtzjj","followedNum":1,"managers":[{"stockCode":"db20906791","stockType":"fund_manager","exchange":"fm","tickerId":2506239910,"name":"叶丰"}]},"announcement":{"linkText":"华泰柏瑞致远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=1258956","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed28e7fea5b3eb052f0b4","date":"2024-09-29T16:00:00.000Z","stockId":3000000017991,"sao":"2024年三季度，沪深300指数上涨16.7%，创业板指数上涨29.21%，本基金A类份额上涨12.9%，C类份额上涨12.73%。　　9月份美联储降息50bp，海外美元流动性反哺新兴经济体；同时国内政治局会议定调稳经济、稳地产、稳股市，分母分子端共振，提升了A股估值水位，前期超跌板块迅速实现估值修复。　　截至三季度末，本基金产品权益仓位为92%，较二季度末显著上升，看好4季度股市表现。主要原因系国内渡过了保持战略定力阶段，重视居民资产负债衰退对消费的影响，推出一揽子稳增长政策。从结构上看，本基金产品计算机行业仓位明显上升，与之对应的红利板块仓位下降，有色板块仓位持平，消费品板块也做了减仓。未来随着海外政治经济风险的释放，本基金权益仓位未来仍有变动空间。　　展望2024年四季度，海外方面，我们关注美国大选以及美联储货币政策或将带来的冲击影响；国内方面，我们则更为关注稳增长政策带来的经济托底和预期修复。投资方向上，我们看好储蓄搬家带来的流动性溢价，受益方向主要为计算机、券商等板块。同时，从长期维度看，我们仍看好黄金板块，少数优质金矿企业伴随产能投放将迎来新一轮快速成长；铜行业处于供求紧平衡态势，行业景气度得以维系。　　红利股方面，我们在本季度进行了减持，但依然长期看好国有大行，由于低估值、股息率较高且自由现金流持续稳定，上述标的仍有确定性投资价值。同时，随着中国经济稳步向好，白酒龙头的批发价也将逐步企稳回升。　　投资如山岳般古老，我们将一如既往回归投资本源，契合当前时代特征，顺应产业发展的内在趋势，平衡企业盈利和景气成长，力争为投资人创造优秀可持续的业绩。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T14:00:46.522Z","fund":{"_id":3000000017991,"__csrcFundId":12407,"stockCode":"017991","shortName":"华泰柏瑞致远混合A","masterFundShortName":"华泰柏瑞致远混合A/C","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":17991,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2025-01-01T23:59:41.320Z","status":"normal","exchange":"jj","fundCollectionId":4000050440000,"name":"华泰柏瑞致远混合型证券投资基金","inceptionDate":"2023-05-23T16:00:00.000Z","setUpDate":"2023-05-23T16:00:00.000Z","setUpAssetScale":24793421.51,"setUpShares":24793421.51,"pinyin":"htbrzyhhxzqtzjj","followedNum":1,"managers":[{"stockCode":"db20906791","stockType":"fund_manager","exchange":"fm","tickerId":2506239910,"name":"叶丰"}]},"announcement":{"linkText":"华泰柏瑞致远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=1181134","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed28e7fea5b3eb052f0b3","date":"2024-06-29T16:00:00.000Z","stockId":3000000017991,"sao":"2024年上半年，沪深300指数上涨0.89%，创业板指数下跌10.99%，本基金A类份额下跌3.16%，C类份额下跌3.47%。上半年美联储降息预期落空，海外美元回流趋势延续，外资扰动带来分母端的估值压力，各板块轮动调整，微盘股叠加流动性问题跌幅较大,红利板块占优。　　结合偏股混合型基金仓位有关规定，本基金产品采取了稳步建仓、逢低加仓的策略，截至2023年年底建仓期结束时股票仓位为65%。1月份A股市场跌幅较大，一定程度上释放了风险，出现了较好的建仓机会，本基金将股票仓位提升至77%。截至二季度末，本基金产品权益仓位为75%，较一季度末下降2%。未来随着海外政治经济风险的释放，本基金股票仓位仍有进一步提升的空间。从结构上看，有色行业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