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言教授 轻轻撞:打造私人订制的观影清单
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言教授 轻轻撞:打造私人订制的观影清单

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阜新市(清河门区、海州区、阜新蒙古族自治县、新邱区、彰武县、细河区、太平区)  石嘴山市(惠农区、大武口区、平罗县)








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东莞市








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西藏自治区








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随州市(曾都区、广水市、随县)








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大庆市(肇源县、红岗区、林甸县、杜尔伯特蒙古族自治县、大同区、让胡路区、萨尔图区、龙凤区、肇州县)








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阳泉市(盂县、郊区、矿区、平定县、城区)








南通市(如东县、海门区、海安市、通州区、如皋市、启东市、崇川区)  酒泉市(瓜州县、玉门市、敦煌市、肃州区、金塔县、肃北蒙古族自治县、阿克塞哈萨克族自治县)








莆田市(秀屿区、涵江区、仙游县、荔城区、城厢区)








呼伦贝尔市(新巴尔虎右旗、阿荣旗、海拉尔区、满洲里市、鄂温克族自治旗、新巴尔虎左旗、牙克石市、扎兰屯市、陈巴尔虎旗、扎赉诺尔区、根河市、额尔古纳市、莫力达瓦达斡尔族自治旗、鄂伦春自治旗)








龙岩市(长汀县、武平县、永定区、新罗区、上杭县、连城县、漳平市)运城市(新绛县、绛县、永济市、河津市、稷山县、万荣县、闻喜县、盐湖区、平陆县、垣曲县、芮城县、夏县、临猗县)








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毕节市(纳雍县、七星关区、黔西市、威宁彝族回族苗族自治县、大方县、织金县、金沙县、赫章县)








赣州市(会昌县、瑞金市、南康区、信丰县、安远县、龙南市、寻乌县、崇义县、章贡区、上犹县、宁都县、赣县区、石城县、兴国县、全南县、大余县、定南县、于都县)西双版纳傣族自治州(景洪市、勐腊县、勐海县)








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内蒙古自治区

  以资产配置和基金投资为看家本领的基金中基金(FOF)被许多投资者戏称为“专业基民”。随着基金2025年一季报披露完毕,FOF的最新买基动向浮出水面。

  Wind数据显示,华安黄金ETF成为2025年一季度末获FOF重仓数量最多的基金。此外,海富通中证短融ETF、鹏扬中债-30年期国债ETF、富国中债7-10年政策性金融债ETF等债券型ETF获FOF重仓的数量也名列前茅。

  从年内业绩出色的FOF配置思路中可以发现,不少FOF基金经理的配置思路呈现一手进攻一手防守的哑铃型策略,对黄金、海外、机器人、恒生科技等热门赛道均有布局。

黄金主题ETF受青睐

  Wind数据显示,截至2025年一季度末,华安黄金ETF成为全市场获FOF重仓数量最多的基金,共计获86只FOF重仓持有,持仓市值共计14.14亿元。具体来看,华安盈瑞稳健优选6个月持有持仓华安黄金ETF的市值最高,达3.03亿元。

  早在去年四季度末,华安黄金ETF就已经是获FOF重仓数量最多的基金。彼时,全市场共有55只FOF重仓华安黄金ETF,持仓市值共计7.23亿元。

  除了华安黄金ETF外,永赢中证沪深港黄金产业股票ETF、易方达黄金ETF、博时黄金ETF等多只黄金主题ETF亦获得FOF重仓持有。

  从持仓市值来看,Wind数据显示,截至一季度末,FOF重仓市值前五名的基金分别是海富通中证短融ETF、华安黄金ETF、华夏恒生ETF、摩根国际债券人民币、海富通上证城投债ETF。

进攻防守“两加强”

  通过近期公布的公募基金一季报,可以看到FOF基金经理的配置手段更加灵活多元,不少绩优FOF总体呈现一手进攻一手防守的哑铃型策略。

  Wind数据显示,截至4月21日,同泰优选配置3个月持有A以7.13%的年内收益率位列全市场FOF榜首。中国证券报记者翻阅其一季报发现,该FOF在一季度末重仓了博时上证30年期国债ETF、华夏沪港通恒生ETF、鹏扬中债30年期国债ETF、同泰开泰混合C、华安黄金ETF、华泰柏瑞上证红利ETF、华泰柏瑞中证红利低波ETF、同泰慧利混合C、博时恒生高股息ETF、富国中证港股通互联网ETF。从配置思路上看,基金经理一方面重仓了债券、红利等稳健风格的ETF,另一方面也重仓了恒生科技等成长性较强的ETF。

  工银睿智进取一年A年内收益率6.74%,位列第二。一季报显示,与同泰优选配置3个月持有A相比,该产品的配置方向显得更加积极,涉及黄金、创新药、纳斯达克指数、机器人、科创芯片等多个赛道。

关注确定性较高的投资方向

  展望未来权益市场,财通资管通达未来6个月持有混合发起式(FOF)基金经理罗少文、康研表示,当前政策的底层逻辑已发生显著转变,政策空间被明显打开,货币政策预计延续宽松基调。在此形势下,依旧秉持较为均衡的资产配置策略。同时,随着10年期国债收益率的下行,中证红利指数股息率与10年期国债收益率之间的差值已经达到历史较高分位水平,差值或进一步拉大。后续将择机加大对相关资产的配置力度,不断优化投资组合结构,力争提升整体投资收益。

  国泰优选领航一年持有期混合(FOF)基金经理曾辉表示,对黄金的避险需求增加,股市二季度将以震荡整理为主,要小心前期主要靠估值扩张驱动的成长风格品种出现回落,寻找确定性高的结构性机会非常重要。未来可关注三个方向:一是稀土和农业,二是黄金和黄金股,三是银行和地产。

(文章来源:中国证券报)

(原标题:黄金资产成“心头好”绩优FOF攻守有道)

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