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类股票为主要配置对象，力争在长期的估值波动中实现较好的投资收益。二季度产品会聚焦业绩确定性与估值性价比方向，在控制仓位、做好风险防控的前提下，把握产业趋势与政策红利带来的结构性投资机会。","lastUpdated":"2026-04-22T15:43:14.301Z","fund":{"_id":3000000023959,"__csrcFundId":15156,"stockCode":"023959","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":23959,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"渤海汇金鑫泉平衡混合发起(023959)","lastUpdated":"2026-05-01T04:03:41.814Z","name":"渤海汇金鑫泉平衡混合型发起式证券投资基金","pinyin":"bhhjxqphhhxfqszqtzjj","fundCollectionId":4000051050000,"setUpAssetScale":10402436.31,"setUpDate":"2025-07-02T16:00:00.000Z","setUpShares":10402436.31,"inceptionDate":"2025-07-03T16:00:00.000Z","managers":[{"stockCode":"j101018373","stockType":"fund_manager","exchange":"fm","tickerId":120410259590,"name":"刘德杰"}]},"announcement":{"linkText":"渤海汇金鑫泉平衡混合型发起式证券投资基金2026年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1473704","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69ce6654f45dd25f43f626d3","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-03-30T16:00:00.000Z","stockId":3000000023959,"sao":"基金以长期实现正收益为目标，在满足基金合同规定前提下，根据市场情况和投资目标，灵活调整投资组合中的股票、债券、现金等资产的比例，在不同市场环境下优化投资组合的表现，提高投资组合的稳定性和收益性。基金主要在具有优异收益风险特征的资产中进行选择，如基于债底支撑的可转债资产、基于股息率支撑的红利类资产、行业龙头股票的估值波动等，此类资产在历史表现中向下具有一定抗跌特性，同时长期具有较好的收益表现。同时，基金会在赔率、胜率及交易频率角度做出优化，力争进一步降低净值的波动，在长期获得较好的超额收益。实际运行中，基金较好的按照既定投资策略执行。","lastUpdated":"2026-04-02T12:51:32.992Z","mo":"2026年权益市场有望延续结构性行情，核心驱动为盈利修复与政策支持，整体机会大于风险。经济温和复苏支撑企业盈利改善，国内货币政策维持宽松，产业政策聚焦科技与内需，全年权益市场并不悲观。转债方面，2026年可转债到期退出规模较大，全年预计有150只可转债到期偿还，为近年来到期压力较高的一年，在权益市场稳中向好的大背景下，转债市场供需结构仍然趋紧，因此，全年转债市场仍有可能维持估值高位、结构性机会活跃的状态，需要积极主动把握相关投资机会。","fund":{"_id":3000000023959,"__csrcFundId":15156,"stockCode":"023959","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":23959,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"渤海汇金鑫泉平衡混合发起(023959)","lastUpdated":"2026-05-01T04:03:41.814Z","name":"渤海汇金鑫泉平衡混合型发起式证券投资基金","pinyin":"bhhjxqphhhxfqszqtzjj","fundCollectionId":4000051050000,"setUpAssetScale":10402436.31,"setUpDate":"2025-07-02T16:00:00.000Z","setUpShares":10402436.31,"inceptionDate":"2025-07-03T16:00:00.000Z","managers":[{"stockCode":"j101018373","stockType":"fund_manager","exchange":"fm","tickerId":120410259590,"name":"刘德杰"}]},"announcement":{"linkText":"渤海汇金鑫泉平衡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=1453447","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed3f57fea5b3eb054352d","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000023959,"sao":"2025年三季度，可转债市场整体表现强劲，中证转债指数在第三季度累计上涨9.43%，跑赢多个主要行业指数。市场交投活跃，第三季度可转债成交额达到57,652.90亿元，同比增长显著。然而，市场存量规模有所缩减，截至2025年9月30日，可转债市场存量为6064.27亿元，较年初减少1272.05亿元。第三季度共有33只可转债发行，发行规模合计为497.5亿元，而退出市场的主要方式为强赎，93只可转债因强赎退出，25只因到期退出，1只因正股退市退出，此外，第三季度有20只可转债发布了强赎提示公告，等待实施。行业表现方面，信息技术、可选消费和材料行业分别上涨17.98%、13.29%和11.42%，显示出较强的市场活力；相比之下，银行板块表现不佳，第三季度平均涨幅为-0.01%。市场风险方面，需关注个券条款的不确定性、政策与监管风险、流动性风险、信用与退市风险等。综上所述，2025年第三季度可转债市场在交投活跃和行业分化中展现出一定的投资机会，但也需要警惕较高的估值和潜在的风险。2025年三季度，鑫泉平衡混合基金坚持基于非对称波动性的转债投资交易策略，坚持绝对收益的投资思路，在转债的交易中取得了较好的表现，实现了净值的稳健增长，在四季度产品依然会坚持现有的可转债投资交易策略。临近建仓期结束，产品也增加了股票的配置比例，以自由现金流、红利以及优质蓝筹类股票为主要配置对象，力争在长期的估值波动中实现较好的投资收益。","lastUpdated":"2026-03-09T14:06:45.096Z","fund":{"_id":3000000023959,"__csrcFundId":15156,"stockCode":"023959","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":23959,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"渤海汇金鑫泉平衡混合发起(023959)","lastUpdated":"2026-05-01T04:03:41.814Z","name":"渤海汇金鑫泉平衡混合型发起式证券投资基金","pinyin":"bhhjxqphhhxfqszqtzjj","fundCollectionId":4000051050000,"setUpAssetScale":10402436.31,"setUpDate":"2025-07-02T16:00:00.000Z","setUpShares":10402436.31,"inceptionDate":"2025-07-03T16:00:00.000Z","managers":[{"stockCode":"j101018373","stockType":"fund_manager","exchange":"fm","tickerId":120410259590,"name":"刘德杰"}]},"announcement":{"linkText":"渤海汇金鑫泉平衡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=1373989","linkType":"PDF","source":"csrc_pdf"}}]}