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华商动态(630005)

华商动态阿尔法灵活配置混合型证券投资基金2020年第3季度报告查看PDF公告




华商动态阿尔法灵活配置混合型证券投资 基金 2020 年第 3 季度报告 华 商动商动态阿尔法动灵华 华 华 华 华 华 华 华 华 华 华 华 活配置混合型证券活配置混投资基金华 活配 置合 型20年第3季度报投资基金 华 告 !灵"型商动商动态#动尔商$灵华 华商动态阿尔法灵活 2020配置 3混合型证 置 2 券 投 12 券


%1华&'() 华商动态阿尔法灵活配法灵置混合型证券投资基金 20年第投 3 季度报告 !"#$% &'()*尔+,报3 -.报/01报2345配67尔89:;<== 华商>动阿?@ABCDEFGHIJKL合华商MNOP%QRSRSTUSVRWXYZ[合 型证?尔\]^_3 `abc/d资eM型证f)*%置混YZ)*金 20年第投 3 季度报告  g!"#$<= 华商动态阿2hij,kl3 mno:尔pq动态/rl华商资s%t金置混华商uPvw<= 华商尔xyz{&金|b(}~bc

á??????<= ??d资????华商MN<= z{??华-= ěě?SS^è????¨¨??T混@?^è????′¨?= ?????= 合华商?¤Mˉ华商%2资sáa???èéêá a%(????/????E?ˉs??3 ??? ˉ华商à%?Q?à?3?à????尔华商s?<= 华商动态阿= ??华商动态GHIJ= 华商>动阿= ?@ABCDEFGHIJ= === %3华.'/0123活配4567 3.1 华商动态阿尔 īīê阿???= ¥?\]^_= 型证?? RSRSTWVUX ? RSRST?V?SX=?= Uo合??,c??= ?¨1SU?1′U?o′′= Ro合?w?= §¨1?S?1S?UoU§= ?o????华商F?合?w?= SoUW?§= ′o?μ华商资s`a= ¨?§1R′?1§S?oS?= ¨o?μ华商F?`a= UoWUU= ?ê?合??,c??^华商合?w???3 d资??3 (????金?I??a?????? ???ńl?尔??%合?w?ò合??,c???T合?I??a????<= = ?券华商z{^_金??ňG阿?? ?a华商尔ü?ńl%??ńl?,ō????? ?Q券ōè?<== 3.2 法灵活配置混


3.2.1 法灵合型活配证券投资基金 20年第3法季度报投告第3


??= `a??? ?= `a??? _-??= z{??华 -????= z{??华- ???_-? ?= ???= ???= x?ā4V= USo′§?= UoWS?= ¨o?§?= So???= ′o§S?= So?U?= x??4V= ?′o§R?= Uo′??= U?o¨W?= SoW??= RUoS¨?= SoWS?= x?uT= ′?o§??= Uo′§?= U?o′W?= SoW§?= ?§oRR?= SoWS?= x?āT= U?o???= UoRU?= U?o???= SoW??= ?So¨′?= So′??= x??T= U¨o?§?= Uo???= ?¨oR¨?= SoWS?=?U?o???= So§??= ?华商MN 23???= U??o¨§?= Uo¨S?= ′′oWW?= So?S?= ??oW??= SoWS?= === 华商动态阿尔法灵活 2020配置 3混合型证 置 4 券 投 12 券


3.2.2 法灵


!"#$法灵%&活配证券投'(资基金 20年第3法季度报投 '(告第3


= ?ê?合华商MN23XòRSS?TUUVR X′<= = ?KL?????¢£8??áa¤Mˉ混?d资华商华商MN?尔OP%合华商¥?d资 Q?G????报尔商???%??@)?8?DT?尔E?3 ??3 ??????3 ?混3 资 s?ň混?i配898O ?@混?活?ū华商d资尔(?商???<合华商尔d资eM??òê E?d资??ò华商资s尔?Sū??Sū???d资??ò华商资s尔Uū¨?§ū¨??混d资?? ò华商资s`a尔S????&置ň金?Q华商资s`a¨?尔c商 ??X2uTi)尔???? % (?c商金??????商3


?置混商3 ?????f

%4华置混合告 4.1 法灵)*+,法灵)*-./01


??= ?]= ;合华商尔华商?态?H= 混??zTH= ??= ;?X?= ?;X?= ??= 华 商 ? 态%éê d资è· ?态%I JI?z ]??d 资??? ?活??= RSUT? RV R?X= ?= ?o?= ?%?@?%è?? ?%?G华商?z资 ?

华商尔华商?态? RSU?TUSV?SX? ??3;????ú DzéêE?ˉ?? ?混?d资华商尔华 商?态<= === 4.2 2*3456278法灵9:;<=>?@告AB


2合型证?) %华商动态阿金 2??华商F?ňG阿w?尔Dò <华商动态阿mno:? ò华商F?ňG阿??w?%????[?华商8?配(?G?898O3 华商MN尔OP<= 4.3 CDEFGHAB


4.3.1 CDEFIJ告KL?@ 型证?)%合华商动态阿???D[?混?d资华商动态IJI??a??^度ē??/I J)èI??a??%2ìíé? 3 d资??3 ?a?Dfü4??%I?'??à券Gd资e M<= IJA?dì动态??&P??Ddì?活3 dì??活f%A???d资????%.置 üd资eMI???ìí资?%?GI?尔d资??ú活<= ?'IJ?à券Gd资eM尔?a券I°???a%?x?a???尔I??a??%'Q 金Nd资eMNXN???Nu混?尔^????D??éá%型证?)%??尔I??a?? r???%}?c????

型证?)???DIJ????%}?c合华商 2???aDò

RSRS=Tā??%áE??1?bc??à??尔??%WV?"?T?ā?%??°??? ??ā?%?Vā?°?×?<14??~?%T混^è??Wo?R?%ě÷^??Wo§??%óz? ^??¨o§?

??RSRST?V?SX%合华商F?`aòUoWUU?%??F?`aòRoU¨U?<合??华 商F?`a???òUSo′§?%N?华商z{??华-尔???ò¨o?§?%合华商F?`a??? àQz{??华-???′o§S4?é?<= 4.6 5627法灵WX3Y,法灵QZ活配[\AB


合型证?%合华商}?c6???4??X华商F?ňG阿èé金???阿 g华商资s` a?Q????尔??<= %5华89:;告 5.1 562]法灵QZ. ?@


??= ??= 商????= ?华商·资s尔?????= U= ??d资= ′¨W1S§?1S¨§o??= W¨oUU= = (?êE?== ′¨W1S§?1S¨§o??= W¨oUU= R= 华商d资= ?= ?= 华商动态阿尔法灵活 2020配置 3混合型证 置 8 券 投 12 券


?= ?P??d资== US?1¨¨R1§?§oSS= UWoSR= = (?ê??== US?1¨¨R1§?§oSS= UWoSR= = 资s?ň混?华华= ?= ?= =′ ?商?d资= ?= ?= =¨ 商??2?d资= ?= ?= §= ????商?资s== ?= ?= = (?ê???×?尔???? 商?资s== ?= ?= W= CD ?/????商M? == ′′1RRU1′′RoR¨= WoRW= =? (?资s== ?1WU?1WWSo??= So§U= ?= M?==== §S?1¨¨§1?¨¨o?§=== USSoSS= === 5.2 562]^L0U_告`aPQ.


5.2.1 562]^L0U_告b7`aPQ.





||= Dz?5= I??a???= ?华商资s`a?????= á= ?3 ?3 ?3 ?z= ?= ?= ?= ??z= ?= ?= ?= ??z= ′S¨1′¨S1U§′o?§= §?oSS= ?= ?D3 ?D3 ??配?2s/?? z= ?= ?= ?= A?z= U?1SR?oUR= SoSS= ɑ= ??/??z= R?1R§′oS?= SoSS= ?= ??r?3 ??/??z= R¨1¨?Uo?§= SoSS= ?= ??/??z= ?= ?= ?= k???3 ??/k????]z= §R?1§WWo?W= SoUU= ?= 商?z= ?S1?RS1?R?oSS= ¨oS?= ɡ= ??sz= ?= ?= ?= ??/?]?]z= U¨1§?′1UU?o??= Ro§R= ?= ??ìí/???]z= ′1WUS1USUo?S= SoW?= ?= ?w3 ??/I?Bǖ动态z= RR?1UU′o?W= SoS′= ?= ???]3 ?态/(??]z= ?= ?= ?= ??= ?= ?= ?= ?2/?活??= ¨1U′RoSS= SoSS= ?= ?ê3 ??/??z= ?S1S??o?′= SoSU= ?= yM= ?= ?= = M?= ′¨W1S§?1S¨§o??= W§o§§= == 5.2.2 562]^L0U_告 c`dPQ`aPQ.


KL合华商尔华商MN?P%合华商尔d资??金???E?E?<== 华商动态阿尔法灵活 2020配置 3混合型证 置 9 券 投 12 券


5.3 562]^Cef配g法灵QZ活配第h i-jk告lmn`aPQBo


??= E?||= E???= èé?E?= I??a???= ?华商资s`a ???ū?= U= SSR′W¨= ????= W′R1U?S= ′R1??W1??§o?S= WoUU= R= §SS¨U?= ????= R¨1RSS= ′R1S′§1RSSoSS= WoS¨= ?= §SUSUR= ?华EF= ??¨1USS= R?1??§1?¨UoSS= ′o?′= =′ SSS?¨?= ???= UR?1U?¨= R?1¨¨R1S?¨oSS= ′oW?= =¨ SSR¨?′= ???= R′?1USS= R?1R¨W1?′′oSS= ′oW′= §= ?SSURR= ??2?= U?R1¨SS= R¨1′R′1SW¨oSS= ′oR§= W= SSRR′U= ?£EF= ¨??1SSS= R?1WWR1?′SoSS= ?o??= =? §SSS?U= āu!?= WWU1RUS= U?1U?¨1′U§o?S= ?oRR= ?= ?SSW¨S= ???|= ??1¨SS= U?1¨U′1RSSoSS= ?oUU= US= SSS¨§?= ????= UR¨1?SS= U?1S¨?1¨?SoSS= ?oS?= ===== 5.4 562]^pqrsU_告pqPQ.





??= ????= I??a???= ?华商资s`a???ū?= U= @???= ?¨1R§¨1§§?o′S= U′o?S= R= ?D?L= ?= ?= ?= 商???= ?= ?= = (?ê??报商??= ?= ?= =′ ?z??= ?= ?= =¨ ?z???资?= ?= ?= §= ???L= ?= ?= W= ?????????= U?1R?W1SU§o§S= ?oSW= =? Nz ī = ?= ?= ?= (?= ?= ?= US= M?= US?1¨¨R1§?§oSS= UWo?W= === 5.5 562]^ Cef配g法灵QZ活配第hi-jk告ltnpqPQBo ??= ??||= ????= èé???= I??a???= ?华商资s`a? ??ū?= U= SUS?S?= S?@??= §UR1§§S= §R1R′S1UR?o′S= USo′′= R= SUSUSW= RU@??= UWS1SSS= UW1R?R1′SSoSS= Ro?S= ?= UU?SUU= ?"??= ?S1SSS= ?1′R¨1§SSoSS= Uo¨?= =′ SU?¨′W= U§@?U?= §R1SSS= ¨1W??1U′SoSS= So?§= =¨ UR?S¨?= ????= ?S1SSS= ′1?¨§1?SSoSS= SoW?= === 华商动态阿尔法灵活 2020配置 3混合型证 置 10 券 投 12 券


5.6 562]^ Cef配g法灵QZ活配第hi-jk告lmnQZuWvqPQB o


合华商合型证?μ}ňG资s?ň混?<= 5.7 562]^Cef配g法灵QZ活配第hi-jk告ltnw灵xPQBo


合华商合型证?μ}ňG?商?d资<= 5.8 562]^Cef配g法灵QZ活配第hi- jk告ltnyvPQBo 合华商合型证?μ}ňG?混<= 5.9 562]8法灵PQ告`阿2zEF?@AB


5.9.1 562]8法灵PQ告`阿2zW{T|报Bo


= KL合华商尔华商MN?P%合华商尔d资??金??E^??<= 5.9.2 8法灵PQ`阿2z告PQ}R


KL合华商尔华商MN?P%合华商尔d资??金??E^??<= 5.10 562]8法灵PQ告~p2zEF?@AB


5.10.1 82~p2zPQ}R


KL合华商尔华商MN?P%合华商尔d资??金??@???<= 5.10.2 562]8法灵PQ告~p2zW{T|报Bo


KL合华商尔华商MN?P%合华商尔d资??金??@???<= 5.10.3 82~p2zPQf


KL合华商尔华商MN?P%合华商尔d资??金??@???<= 5.11 PQ. 56?? 5.11.1 8法灵PQ告lmnvq告?L华?82????#资??告?@告AB


合华商d资尔???混?尔?D¥?合?}??动è?????%?2合型证??X?uT )}??I°?:3 ??<= 5.11.2 法灵PQ告lmn`a??法灵




合华商d资尔???E?}??华商MNOP尔??E?ù<= 5.11.3 基?QZ?? ??= ??= 商????= U=


?置混商 = ′?′1§?UoU¨= R= ??混????= R1SS?1′UUo?§= ?= ??Ew= ?= =′ ??w?= U1U§W1′?Ro?′= =¨ ?????= ′?1U?¨o¨?= 华商动态阿尔法灵活 2020配置 3混合型证 置 11 券 投 12 券


§= (????= ?= W= ??ńl= ?= =? (?= ?= ?= M?= ?1WU?1WWSo??= === 5.11.4 562]WX告???`2告???pqBo


??= ??||= ????= I??a=???== ?华商资s`a?? ?ū?= U= UU?SUU= ?"??= ?1′R¨1§SSoSS= Uo¨?= R= UR?SW?= ????= ?1R′R1¨SSoSS= So¨′= === 5.11.5 562]lmn`a????d???@告AB


= 合华商合型证?μ???E??金 2???H尔?? <= 5.11.6 PQ. 56??告基??????U ?Q????尔p?%é?ā/?M??ā??? 2?? <= %6华<=>活配报?@A īīêF= 型证???华商F?·?= ′S?1WUR1?′¨oWS= 型证???华商·??F?= ?1??§1′WSo§?= ??型证???华商·?×F?= WU1U′W1?§?oSS= 型证???华商?é??F??F??ǚi??? ?ō?= ?= 型证??μ华商F?·?= ?′?1′§R1S′?o??= ?ê·??F???w?d3 ???F?%·?×F?????F?<= %7华活配置混合BCD投9配89E活配F- 7.1 法灵2*3WX8法灵合型'(?@ = 合型证?华商动态阿}rl?G资商d资合华商<= 7.2 法灵2*39?¢XQ灵PQ8法灵EFBo = 合型证?)华商动态阿}rl?G资商??3 ?×3 ??合华商F?<= = 华商动态阿尔法灵活 2020配置 3混合型证 置 12 券 投 12 券


%8华GH89IJKLMN&'OP 8.1 5627£ ¤PQ¥WX法灵合型第h|?,?§ 20%告?@ = 合华商合型证?)}?2īud资gňG华商F????? ?xRS?尔??<= %9华QRSTUV 9.1 ???¨?a Uo?@混?活?-????¢£8??áa¤Mˉ混?d资华商B?尔???= Ro?????¢£8??áa¤Mˉ混?d资华商华商MN??== ?o?????¢£8??áa¤Mˉ混?d资华商>动????= ′o?????¢£8??áa¤Mˉ混?d资华商???????= ¨o=华商动态阿z]资???3 ?z???= §o=型证?)????¢£8??áa¤Mˉ混?d资华商2O P??T??尔ü?I证尔 p?<= 9.2 ???- 华商动态阿3 华商>动阿?<= 9.3 ??ˉ° 华商动态阿?I??ê??????????"?R ????@ō??U??= 华商>动阿??ê?????????"?U??U??= d资g'合型证??G??%???华商动态阿??华商动态GHIJ<= ?ˇ?]????ê′SSWSS???S???ˉń?%SUS?¨?¨W??SS= == 华商动态阿??ê?ˊˊ??ˋˋ???o??????o???= ?@混?活华商???????=?ˊˊ??ˋˋ???o????o???o??ˋ????= = 华 华 商动态阿尔法灵活配置华 混合混合型证合券混投资华