Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82
大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!
随机图片

大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!

更新时间: 浏览次数: 192

400电话:123456(点击咨询)
大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!各观看免费《今日汇总》
大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!各热线观看免费2025已更新(2025已更新)








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!各区点热线观看免费《今日发布》
Random Image 大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!电话








7天观看免费人工电话为您、大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!各观看免费《今日汇总》2025已更新(今日/推荐)








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!电话区域:








承德市(平泉市、鹰手营子矿区、滦平县、兴隆县、双桥区、丰宁满族自治县、承德县、隆化县、双滦区、宽城满族自治县、围场满族蒙古族自治县)








娄底市(娄星区、新化县、冷水江市、双峰县、涟源市)








香港特别行政区








阜新市(彰武县、阜新蒙古族自治县、细河区、清河门区、新邱区、海州区、太平区)  红河哈尼族彝族自治州(弥勒市、石屏县、泸西县、绿春县、红河县、金平苗族瑶族傣族自治县、开远市、个旧市、元阳县、河口瑶族自治县、蒙自市、屏边苗族自治县、建水县)








济源市








怒江傈僳族自治州(兰坪白族普米族自治县、泸水市、福贡县、贡山独龙族怒族自治县)








重庆市(綦江区、丰都县、黔江区、渝北区、巴南区、璧山区、秀山土家族苗族自治县、北碚区、南岸区、江北区、城口县、潼南区、巫溪县、长寿区、沙坪坝区、江津区、忠县、万州区、武隆区、荣昌区、南川区、九龙坡区、石柱土家族自治县、云阳县、大渡口区、开州区、彭水苗族土家族自治县、奉节县、铜梁区、垫江县、合川区、梁平区、永川区、渝中区、大足区、涪陵区、酉阳土家族苗族自治县、巫山县)








和田地区(洛浦县、和田市、墨玉县、和田县、皮山县、民丰县、策勒县、于田县)  上海市(徐汇区、黄浦区、崇明区、静安区、杨浦区、奉贤区、浦东新区、虹口区、青浦区、金山区、普陀区、闵行区、嘉定区、松江区、长宁区、宝山区)








西宁市(大通回族土族自治县、城中区、湟源县、城北区、城西区、城东区、湟中区)








北京市(通州区、西城区、东城区、房山区、密云区、延庆区、丰台区、怀柔区、朝阳区、石景山区、平谷区、门头沟区、大兴区、昌平区、顺义区、海淀区)








延边朝鲜族自治州(龙井市、和龙市、安图县、汪清县、图们市、珲春市、延吉市、敦化市)








乌兰察布市(化德县、凉城县、察哈尔右翼中旗、四子王旗、察哈尔右翼后旗、丰镇市、兴和县、察哈尔右翼前旗、卓资县、商都县、集宁区)








贵阳市(云岩区、观山湖区、白云区、花溪区、息烽县、南明区、清镇市、开阳县、修文县、乌当区)








白银市(会宁县、平川区、景泰县、白银区、靖远县)








内蒙古自治区








巴彦淖尔市(磴口县、乌拉特中旗、乌拉特后旗、五原县、临河区、杭锦后旗、乌拉特前旗)








平顶山市(卫东区、新华区、舞钢市、鲁山县、叶县、湛河区、石龙区、汝州市、郏县、宝丰县)








大同市(云冈区、广灵县、阳高县、灵丘县、新荣区、左云县、浑源县、云州区、平城区、天镇县)








白城市(洮南市、大安市、通榆县、镇赉县、洮北区)








汉中市(南郑区、勉县、汉台区、镇巴县、佛坪县、西乡县、略阳县、洋县、宁强县、城固县、留坝县)








眉山市(彭山区、仁寿县、东坡区、丹棱县、洪雅县、青神县)








丹东市(凤城市、宽甸满族自治县、元宝区、振兴区、东港市、振安区)








黔西南布依族苗族自治州(普安县、兴仁市、贞丰县、册亨县、兴义市、安龙县、望谟县、晴隆县)








清远市(连南瑶族自治县、英德市、连山壮族瑶族自治县、佛冈县、阳山县、连州市、清新区、清城区)








德州市(临邑县、陵城区、禹城市、平原县、齐河县、德城区、宁津县、武城县、庆云县、乐陵市、夏津县)








阿拉善盟(阿拉善左旗、阿拉善右旗、额济纳旗)








张家界市(武陵源区、永定区、桑植县、慈利县)
400电话:123456(点击咨询)
大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!各观看免费《今日汇总》《今日发布》
大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!各观看免费《今日汇总》(2025已更新)








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!各观看免费《今日汇总》【2025已更新列表】
大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!电话








7天观看免费人工电话为您、大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!中心2025已更新(今日/推荐)








大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!电话区域:








上饶市(婺源县、德兴市、广信区、弋阳县、铅山县、广丰区、余干县、鄱阳县、玉山县、信州区、横峰县、万年县)








资阳市(乐至县、雁江区、安岳县)








西安市(高陵区、周至县、灞桥区、阎良区、临潼区、蓝田县、未央区、莲湖区、长安区、碑林区、新城区、鄠邑区、雁塔区)








鸡西市(恒山区、梨树区、鸡冠区、滴道区、密山市、虎林市、城子河区、麻山区、鸡东县)  汕头市(南澳县、金平区、龙湖区、濠江区、潮南区、潮阳区、澄海区)








百色市(乐业县、隆林各族自治县、靖西市、田林县、田东县、右江区、凌云县、田阳区、德保县、平果市、那坡县、西林县)








驻马店市(上蔡县、正阳县、驿城区、泌阳县、西平县、遂平县、平舆县、新蔡县、确山县、汝南县)








定西市(陇西县、临洮县、安定区、通渭县、岷县、渭源县、漳县)克拉玛依市(白碱滩区、乌尔禾区、克拉玛依区、独山子区)








铜仁市(玉屏侗族自治县、松桃苗族自治县、德江县、思南县、印江土家族苗族自治县、碧江区、石阡县、沿河土家族自治县、江口县、万山区)  通化市(通化县、辉南县、集安市、柳河县、梅河口市、二道江区、东昌区)








佳木斯市(桦川县、东风区、抚远市、汤原县、前进区、郊区、同江市、桦南县、富锦市、向阳区)








漯河市(临颍县、源汇区、召陵区、郾城区、舞阳县)








齐齐哈尔市(建华区、昂昂溪区、富裕县、梅里斯达斡尔族区、拜泉县、碾子山区、甘南县、克东县、龙沙区、泰来县、依安县、铁锋区、龙江县、克山县、富拉尔基区、讷河市)宜春市(奉新县、上高县、丰城市、靖安县、樟树市、万载县、袁州区、宜丰县、铜鼓县、高安市)








温州市(永嘉县、鹿城区、瑞安市、平阳县、乐清市、龙港市、瓯海区、泰顺县、龙湾区、文成县、洞头区、苍南县)








延安市(甘泉县、子长市、宝塔区、吴起县、延长县、安塞区、志丹县、延川县、宜川县、洛川县、黄陵县、黄龙县、富县)








抚州市(乐安县、黎川县、南丰县、宜黄县、临川区、东乡区、崇仁县、资溪县、广昌县、南城县、金溪县)








广西壮族自治区








潍坊市(坊子区、寿光市、昌乐县、高密市、寒亭区、潍城区、昌邑市、奎文区、诸城市、青州市、安丘市、临朐县)








宿州市(泗县、萧县、砀山县、埇桥区、灵璧县)








阳江市(江城区、阳东区、阳春市、阳西县)








杭州市(上城区、萧山区、余杭区、钱塘区、临安区、建德市、富阳区、临平区、拱墅区、淳安县、西湖区、桐庐县、滨江区)








包头市(白云鄂博矿区、昆都仑区、青山区、东河区、石拐区、固阳县、九原区、土默特右旗、达尔罕茂明安联合旗)








芜湖市(鸠江区、南陵县、镜湖区、弋江区、无为市、繁昌区、湾沚区)








丽水市(莲都区、青田县、景宁畲族自治县、龙泉市、遂昌县、云和县、缙云县、庆元县、松阳县)








林芝市(察隅县、米林市、巴宜区、墨脱县、波密县、工布江达县、朗县)








枣庄市(峄城区、薛城区、台儿庄区、滕州市、市中区、山亭区)








伊春市(大箐山县、铁力市、金林区、丰林县、乌翠区、伊美区、嘉荫县、友好区、汤旺县、南岔县)








安庆市(桐城市、怀宁县、迎江区、望江县、大观区、宜秀区、岳西县、潜山市、宿松县、太湖县)








吐鲁番市(鄯善县、托克逊县、高昌区)
  数据来源:Wind陈书玉/制表图虫创意/供图

  证券时报记者陈书玉

  近期,受美国加征关税等事件的影响,A股市场开启震荡行情。在此背景下,兼具控制波动与追求弹性双重属性的“固收+”策略产品再度受到市场广泛关注。Wind数据显示,截至4月18日,超六成“固收+”基金稳步快跑,年内单位净值增长率为正。此外,近200只基金的单位净值在4月创出成立以来新高。

  展望后市,多位基金经理认为,“固收+”策略有望继续斩获收益,基金管理人将进一步加强产品布局,产品规模有望持续扩容。

  近200只产品净值创新高

  从业绩表现来看,Wind数据显示,截至4月18日,超六成“固收+”基金年内单位净值增长率为正。其中,富国久利稳健配置净值增长率超9%,工银聚享净值增长率超8%,格林鑫利六个月持有、兴全汇吉一年持有净值增长率超7%,富国优化增强A、国泰双利债券A等多只基金涨幅超5%。

  此外,国联安添益增长A、大成安享得利六个月持有A、中信保诚安鑫回报A、汇添富稳乐回报A、东兴兴福一年定开A、平安鑫惠90天持有A等27只基金,截至4月18日净值创出成立以来新高,如果将时间拉长,有近200只基金在4月净值创出新高。

  民生加银基金固定收益部总监谢志华认为,从目前情况来看,“固收+”策略有望继续斩获收益。当前资本市场的活跃是由多方面因素合力共同促成的,经济弱企稳、技术革新、大国博弈韧性等因素对国内资产的价值再发现过程的推进有望持续,这将为“固收+”策略基金提供良好收益基础。此外,债券票息也能为“固收+”策略基金提供较稳定的基础收益。对于风险偏好适中,追求长期稳健投资的投资者而言,“固收+”策略基金是非常适合的投资品种。随着市场好转,“固收+”策略基金受到的关注度和认可度将有所提高,基金管理人也将其作为重要布局方向,产品规模有望扩容。

  权益资产对净值贡献较大

  需要注意的是,目前市场观点普遍认为,债券利率已经下行至非常低的位置,债券资产未来能为投资者贡献的收益有限,对权益资产的配置成为“固收+”基金的重要一环。

  根据已披露的基金一季报,对股票和可转债资产配置较多的基金取得较好回报。如一季度净值上涨超6%的中欧可转债,一季度转债资产占基金净资产比例达到99%。该基金一季报表示,受益于权益市场风险偏好的提升,一季度转债市场整体震荡上行,中证转债指数和等权指数上涨3%—4%,整体表现是不错的。转债今年的贝塔价值可以从两个方面来理解:债券端,纯债在当前利率环境下波动加大,带来的是夏普比率的下降。这意味着固收资金今年可能较难单纯依靠纯债满足自身负债端的需求,无论从收益增强还是风险分散的角度,转债或都有很强的配置价值。股票端,今年小票+科技的风格持续活跃,和转债底层的股票风格相契合。本质上就是在人工智能的产业趋势下,分享流动性和风险偏好推动的估值行情。因此今年从股债两端来看,转债的底层需求或都有较强支撑。

  安信聚利增强一季度权益资产占基金净资产比例为16.85%,转债占比32.61%,该基金一季报表示,投资策略方面,增加了偏成长方向的配置,降低了周期类资产的配置。对AI相关产业链给经济可能带来的持续性改变持乐观积极态度。转债配置思路仍然是“低价高弹”,并且强调其债底的安全性,不能有信用风险。另外,增加了纯债的配置,原因是债券下跌之后配置价值显著增加。

  金信民旺一季报表示,春节后DeepSeek、机器人等科技板块情绪上涨,转债和权益明显上行,转债估值也被拉升至相对高位。3月18日后,AI等板块热度退却,临近业绩披露期,权益风险偏好下降,小盘股波动更大。转债受小盘风格和前期估值高位拖累,部分机构采取止盈操作。整体来看,转债市场当季仍取得较好回报,权益方面小盘和科技表现相对较好。

  多资产协同能力要求更高

  在目前震荡市下,“固收+”基金受到越来越多的关注,基金公司也在加强布局。一个明显的趋势是,为更好地发挥“固收+”基金中“+”的优势,多只产品新增了主动权益基金经理管理“+”的部分。

  如年内新发的二级债基西部利得裕丰回报,由盛丰衍和易圣倩两位基金经理共同管理,这是主动权益投资出身的盛丰衍首次管理“固收+”基金。此外,永赢基金首席权益投资官、基金经理高楠自2023年12月28日起管理二级债基永赢稳健增强,截至4月3日,其任职回报为11.53%。国泰基金权益基金经理张容赫自2024年初开始管理偏债混合基金国泰招享添利6个月持有。

  高楠认为,管理“固收+”基金,主动权益基金经理的优势在于选股能力,能够在把握结构性机会时更具穿透力。难点在于需重构绝对收益思维,不仅要把握权益仓位动态调整的节奏,对多资产协同能力也有更高要求,在保持权益组合锐度的同时,要兼顾固收底仓的稳定性。高楠表示,具备跨资产配置框架以及绝对收益投资能力的权益基金经理相对更具优势,这个领域最终比拼的是风险调整后的收益获取能力。综合来看,能否在股债两端持续创造阿尔法收益,或成为“固收+”基金下一阶段的核心竞争力。

  展望后市,张容赫认为,从基本面的角度来看,经济周期同步指标仍有阶段性压力,信贷脉冲的领先指标有抬升之势,而传导至经济周期仍有半年以上时滞。海外方面,面临非周期性风险,政治风险加速了财政风险的暴露,欧美全面加速右转,财政宽松后遗症开始加速暴露。因此,国内经济的底部和企业盈利的底部,很可能与潜在的海外负面冲击重合于2025年的年中。财政是本轮政策的重心,驱动政策转向的焦点在于杠杆率的被动抬升以及应该如何去扭转。因此,资产波动背后隐含的财富效应或成为政策的关注点。

  市场方面,张容赫预计A股市场会重新回归以内为主,在政策不断加力的背景下,整体形成先稳后升之势。港股市场走势健康,基本面展望积极,但必须警惕可能出现的海外衰退氛围下美元流动性稀缺造成的流动性压力。权益方面,从行业配置角度讲,政策端提振内需优先级明显抬升,优先关注消费服务板块的机会,同时关注周期底部的工业、制造业,最后配置部分公用事业作为平衡。固收方面,一直以来重视信用品类的资质和收益率,利率部分则继续维持了中短久期。

  本版导读

“固收+”稳步快跑近200只产品净值创新高2025-04-21人形机器人再度火出圈多只概念股获基金经理增持2025-04-21MACD金叉信号形成,这些股涨势不错!

  周一日本股市下跌,因美国关税及其经济影响的不确定性持续。日经225指数下跌0.5%,报34570.37点。电子和银行股领跌。TDK下跌1.7%,村田制作所下跌1.6%,瑞穗金融集团下跌1.3%,ResonaHoldings下跌1.5%。美元兑日元报141.40日元,较上周五东京股市收盘时的142.33日元大幅下跌。投资者正密切关注与美国关税相关的任何进展,国内财报季将于本周晚些时候开始。

大菠萝导航的观看模式和画面设置:让你获取超值福利,轻松提升生活品质!的相关文章 中国可不可以借这次贸易战的机会加速推动医疗器械国产化?的相关文章
番茄炒蛋到底应该怎么做?
订婚强奸案有完整的证据链
「工作是工作,生活是生活」 ,还是「生活中也可以有点工作」 ,你怎么看?
中国在这一领域反击美国霸凌,精准制“服”
26岁小伙被大9岁已婚女子骗婚
虞书欣大失败陈靖可那咋了
曝华为Pura 80将在5月22日发布
3月一线城市房价环比上涨
一首情诗就能查出现任出轨
怎么向孩子证明我上班比他上学辛苦?
财晓得|给高铁宠物托运算笔经济账
间谍竟想重金买回被发现的窃密装置
  • 友情链接:
  • 日本女星广末凉子确认被捕 三河一商贸街部分店招仍为绿色,商铺老板:城管上门要求整改,付费刷上绿漆 释新闻|新加坡公布新一届大选日期,有何考量? 广东一地蚊子聚集飞舞似龙卷风 疑被激活操作系统后门,美国特工对亚冬会网攻窃密内情披露 景德镇一家三口被撞身亡事发上坡段,婆婆说出事前儿媳想吃红烧牛腩过了马路就到家 Doinb回应朱开下跪 北京将迎今年以来最强大风 国新办介绍一季度国民经济情况 俄总统新闻秘书佩斯科夫与妻子冰上共舞,大秀花滑技术

    查看更多评价 ∨