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指数发起(023333)","lastUpdated":"2026-05-22T17:15:26.513Z","name":"金鹰中证A500指数型发起式证券投资基金","pinyin":"jyzza500zsxfqszqtzjj","fundCollectionId":4000050200000,"__indexSourceEastMoney":1,"setUpAssetScale":287209243.92,"setUpDate":"2025-04-24T16:00:00.000Z","setUpShares":287209243.92,"__indexSourceCsi":1,"inceptionDate":"2025-04-24T16:00:00.000Z","indexFundFlag":1,"indexId":1000000000510,"managers":[{"stockCode":"db20070992","stockType":"fund_manager","exchange":"fm","tickerId":2507141100,"name":"杨刚"}]},"announcement":{"linkText":"金鹰中证A500指数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=1457642","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed3e47fea5b3eb0542968","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000023333,"sao":"回顾三季度，在美联储降息预期升温、中美关系进入阶段缓和期及场外资金加快入市等多重利多因素共振下，A股市场走出了月线三连阳的强劲走势，上证指数“兵临”3900点且创出10年内新高。科创板表现出色，科创50单季涨幅49%。其它重要的A股指数具体涨幅层面，上证指数、沪深300指数及创业板指三季度涨幅分别为12.73%、17.90%和50.40%。而在申万一级行业中，三季度涨幅排名前5的分别为通信（48.65%）、电子（47.60%）、电新（44.67%）、有色（41.82%）和综合（32.77%），季度排名后5的分别为食饮（2.44%）、公用（2.15%）、石化（1.76%）、交运（0.61%）和银行（-10.19%）。整体看，行业风偏较高的TMT、新能源、有色金属等涨幅领先，而传统的蓝筹防御型板块排名显著落后。国内经济形势方面，客观讲，基本面修复仍待继续加力。在经历上半年相对较好的总量数据表现（25年1季度的GDP增速5.4%、2季度为5.2%，上半年5.3%，阶段性超越全年5%的GDP增速目标）之后，下半年的经济增长降速在市场的普遍预期之中。不过，3季度持续下行的较多重要总量数据指标仍引发市场的较多关注。结构上看，工增、消费、投资等数据均表现较弱，明显体现“抢出口”弱化、补贴退坡及反内卷等诸多因素的影响。此外，固投保持加速下行，地产量价仍未企稳。生产法下，预计25年3季度的GDP增速大致在4.7%-4.8%。经济下行过程中，基本面仍将对大多数顺周期方向产生拖累（需求端数据更弱），基本面相对较好的是反内卷相关的上游行业（供给侧逻辑）。9月底出台的5000亿创新型金融工具，预计将对国内经济中短期的持续修复带来一定催化。此外，将于4季度召开的四中全会（研究制定“十五五”规划建议）、美联储的持续降息及大国关系的可能演进等，预计也将从相关产业、进出口、市场利率、投资者情绪等多个层次对经济基本面及股市产生新的重要影响。具体到A股市场方面，考虑到股指在半年左右时间内已涨逾800点（最大累计涨幅28%+），投资者乐观情绪与A股走势期待相左、股市良好表现与经济基本面走势有一定“温差”，以及全球地缘政经仍存在较多不确定性等因素，不排除此轮“非典型修复”的股市有可能进入阶段震荡期以消化近期较大涨幅并等待基本面修复的进一步跟随。但从中期维度看，我们对A股市场前景继续抱有相对乐观的态度及秉持以下观点：A股仍持续行进在修复性上涨的途中，短期波动不改变中期趋势；投资者可利用震荡期，积极选择优质方向逢低布局价值成长。三季度，考虑到A股市场层面较大的积极变化，本基金的权益仓位快速提升，净值开始出现较快上涨。","lastUpdated":"2026-03-09T14:06:28.995Z","fund":{"_id":3000000023333,"__csrcFundId":14969,"stockCode":"023333","masterFundShortName":"金鹰中证 A500 指数发起","fundSecondLevel":"company","stockType":"fund","areaCode":"cn","market":"a","tickerId":23333,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"金鹰中证 A500 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