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ext":"金鹰智慧生活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=1255044","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6577fea5b3eb04569dd","date":"2024-09-29T16:00:00.000Z","stockId":3000000002303,"sao":"2024年9月下旬以来，国内出台了一系列政策组合拳。不论是货币政策，还是财政政策的表述均较上半年更加积极。从货币政策层面来看，央行近期将下调存款准备金率0.5个百分点，引导商业银行降低存量房贷利率，创设新的金融工具支持股票市场。从财政政策层面来看，财政部拟将出台“支持地方化债”的措施，拓宽专项债的使用范围，同时也表示中央财政可能会提高赤字率。我们认为，这是近年来政策的一次转向。基于此，我们应该抓住本次政策转向的窗口期，积极做多权益市场。2024年三季度，本基金重点布局以内需为主的资产，包括医药、地产、家电等。近期，虽然这类资产出现一定幅度的反弹，但我们认为行情并没有结束。四季度，我们将继续围绕这些板块做结构调整。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:08:39.653Z","fund":{"_id":3000000002303,"stockCode":"002303","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-01-21T16:00:00.000Z","setUpScale":272693000,"market":"a","tickerId":2303,"custody":"中国工商银行股份有限公司","name":"金鹰智慧生活灵活配置混合型证券投资基金","shortName":"金鹰智慧生活混合A","fundSecondLevel":"hybrid","__csrcFundId":2612,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:39.152Z","masterFundFlag":1,"inceptionDate":"2016-03-22T16:00:00.000Z","fundCollectionId":4000050200000,"currency":"CNY","masterFundShortName":"金鹰智慧生活混合","pinyin":"jyzhshlhpzhhxzqtzjj","managers":[{"stockCode":"8801399054","stockType":"fund_manager","exchange":"fm","tickerId":325150040,"name":"陈颖"}]},"announcement":{"linkText":"金鹰智慧生活灵活配置混合型证券投资基金2024年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1177587","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6577fea5b3eb04569dc","date":"2024-06-29T16:00:00.000Z","stockId":3000000002303,"sao":"2024年上半年国内宏观经济压力逐渐显现，其中二季度经济压力尤其突出。在这样的宏观经济背景下，上半年A股各大指数表现一般，上证指数下跌0.25%、深证成指下跌7.1%、沪深300指数上涨0.89%、创业板指下跌10.99%。从行业层面来看，银行、公用事业、家电等板块涨幅居前，表现优异的行业和个股的共同特征是高股息、防御和出海；计算机、传媒、轻工等表现疲软，表现较弱的行业和个股的共同特征是成长和内需。2024年上半年，本基金重点布局医药稳定类资产，但表现结果与预期差异很大。我们认为在内需开始走弱的背景下，很多行业将面临需求不足，但医药行业的需求是相对刚性的。基于这样朴素的认知，我们加大了医药类资产的配置比例。但往深处想，作为医药最大的支付方医保局，其购买力也会受制于国内的经济形势、就业环境等。所以，今年上半年医药并没有表现出该有的防御性。","declarationDate":"2024-07-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:08:39.651Z","mo":"展望2024年下半年，我们认为市场可能会对之前的预期进行小幅修正。上半年表现较好的行业特征是高股息、防御和出海。首先分析出海板块。出海板块最大的不确定性是逆全球化。目前来看，逆全球化的趋势有加速的迹象。所以，下半年出海板块需要精挑细选，上半年的普涨行情或许告一段落。其次分析高股息、防御板块。高股息、防御板块最大的不确定性是经济或经济预期转好。二十届三中全会再次强调坚定不移实现全年经济社会发展目标，下半年的政策重心或许向刺激经济倾斜。最近观察到，央行降息， “以旧换新”政策开始执行，这些政策都在三中全会之后陆续落地。我们期待国家推出更多的经济刺激政策。所以，下半年高股息、防御板块需要精挑细选，上半年的普涨行情或许告一段落。行业配置方面，2024年下半年，在均衡配置的大前提下，仓位适当向内需倾斜。","fund":{"_id":3000000002303,"stockCode":"002303","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-01-21T16:00:00.000Z","setUpScale":272693000,"market":"a","tickerId":2303,"custody":"中国工商银行股份有限公司","name":"金鹰智慧生活灵活配置混合型证券投资基金","shortName":"金鹰智慧生活混合A","fundSecondLevel":"hybrid","__csrcFundId":2612,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:39.152Z","masterFundFlag":1,"inceptionDate":"2016-03-22T16:00:00.000Z","fundCollectionId":4000050200000,"currency":"CNY","masterFundShortName":"金鹰智慧生活混合","pinyin":"jyzhshlhpzhhxzqtzjj","managers":[{"stockCode":"8801399054","stockType":"fund_manager","exchange":"fm","tickerId":325150040,"name":"陈颖"}]},"announcement":{"linkText":"金鹰智慧生活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=1148955","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6577fea5b3eb04569db","date":"2024-03-30T16:00:00.000Z","stockId":3000000002303,"sao":"2024年一季度国内宏观经济延续去年四季度的态势，与地产相关的投资和消费依然在寻底，但出口以及与地产无关的消费延续改善的态势。总体来看，宏观经济表现平稳，结构分化严重。因此，在这样的宏观经济背景下，一季度A股各大指数走势相对平稳。从行业层面来看，与地产关联度较高的板块表现疲软，与出口关联度较高的板块表现较好。2024年一季度，以煤炭、石化、运营商等为代表的高股息低估值类资产出现了一波较大幅度的上涨，这类资产的投资性价比显著弱化。而一些需求稳定类资产，比如医药、必需消费品等经过持续的下跌，其估值性价比明显提升。基于性价比的考虑，本基金做了一次较大的切换，从高股息低估值类资产向需求稳定类资产转换。当前，本基金重点布局需求稳定类资产，包括医药和必需消费品。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:08:39.648Z","fund":{"_id":3000000002303,"stockCode":"002303","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-01-21T16:00:00.000Z","setUpScale":272693000,"market":"a","tickerId":2303,"custody":"中国工商银行股份有限公司","name":"金鹰智慧生活灵活配置混合型证券投资基金","shortName":"金鹰智慧生活混合A","fundSecondLevel":"hybrid","__csrcFundId":2612,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:39.152Z","masterFundFlag":1,"inceptionDate":"2016-03-22T16:00:00.000Z","fundCollectionId":4000050200000,"currency":"CNY","masterFundShortName":"金鹰智慧生活混合","pinyin":"jyzhshlhpzhhxzqtzjj","managers":[{"stockCode":"8801399054","stockType":"fund_manager","exchange":"fm","tickerId":325150040,"name":"陈颖"}]},"announcement":{"linkText":"金鹰智慧生活灵活配置混合型证券投资基金2024年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1073839","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6577fea5b3eb04569da","date":"2023-12-30T16:00:00.000Z","stockId":3000000002303,"sao":"2023年国内宏观经济呈现“N”型的走势，全年GDP增长5.2%，完成了既定的经济发展目标。分季度来看，一季度至四季度GDP增长分别为4.5%/6.3%/4.9%/5.2%。从全年的角度来看，在2022年低基数的基础上，2023年的经济发展目标压力不是很大。因此，管理层在政策刺激方面一直保持相对的定力。2023年A股表现差强人意，上证指数下跌3.7%，创业板指下跌19.41%，通信、传媒、计算机、电子和煤炭等板块涨幅居前，社服、食品饮料、新能源等板块表现疲软。","declarationDate":"2024-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:08:39.645Z","mo":"展望2024年，海外方面，美国大选和美联储何时降息都是扰动因素。国内方面，预计国内经济政策依然以稳为主，我们预计今年GDP增长大概率维持在5%左右。展望2024年的证券市场，我们认为或许不具备大牛市的基础。从策略上，依然以均衡配置为主，自下而上精选个股。行业配置方面，2024年我们看好低估值高股息和稳定增长类资产。","fund":{"_id":3000000002303,"stockCode":"002303","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-01-21T16:00:00.000Z","setUpScale":272693000,"market":"a","tickerId":2303,"custody":"中国工商银行股份有限公司","name":"金鹰智慧生活灵活配置混合型证券投资基金","shortName":"金鹰智慧生活混合A","fundSecondLevel":"hybrid","__csrcFundId":2612,"fundStatus":"normal","lastUpdated":"2024-12-31T23:39:39.152Z","masterFundFlag":1,"inceptionDate":"2016-03-22T16:00:00.000Z","fundCollectionId":4000050200000,"currency":"CNY","masterFundShortName":"金鹰智慧生活混合","pinyin":"jyzhshlhpzhhxzqtzjj","managers":[{"stockCode":"8801399054","stockType":"fund_manager","exchange":"fm","tickerId":325150040,"name":"陈颖"}]},"announcement":{"linkText":"金鹰智慧生活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=1055884","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec6577fea5b3eb04569d9","date":"2023-09-29T16:00:00.000Z","stockId":3000000002303,"sao":"国内宏观方面，2023年三季度随着稳增长的政策逐渐加码，国内经济环比有所改善。从以下几个经济方面的数据能得到验证，制造业PMI连升4个月，6-9月制造业PMI分别为49%、49.3%、49.7%和50.2%，其中9月制造业PMI重回扩张区间；8月规模以上工业企业利润同比转正，达17.2%（前值-6.7%），为2022年下半年至今以来首次；出口延续强势，按美元计，9月出口金额同比-6.2%（前值-8.8%），再超预期。关于国内经济，我们认为最坏的时刻已经过去，总体经济处于弱复苏的通道。海外宏观方面，最超预期的点是近期美债收益率持续飙升，主要原因是美国就业和通胀超预期，以及美债交易方面的因素。近期，由于美债收益率持续飙升，全球主要股市承压。在国内经济企稳的正面因素和美债收益率高企的负面因素盘根错节在一起的时候，A股市场仍将继续磨底。本季度，基金产品的仓位和配置方面与二季度相比没有发生很大的变化。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:08:39.643Z","fund":{"_id":3000000002303,"stockCode":"002303","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2016-01-21T16:00:00.000Z","setUpScale":272693000,"market":"a","tickerId":2303,"custody":"中国工商银行股份有限公司","name":"金鹰智慧生活灵活配置混合型证券投资基金","shortName":"金鹰智慧生活混合A","fundSecondLevel":"hybrid","__csrcFundId":2612,"fundStatus":"normal","last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