兴银收益增强A（003628）净值再创历史新高! 2026年密切关注顺周期板块

Core Viewpoint - The fund "Xingyin Enhanced Income A" (003628) has achieved a historical net value high of 1.3703 yuan as of February 9, with a daily growth of 0.51% and a five-year return of 44.68%, ranking 27th out of 576 in its category [1][2]. Performance Summary - The fund's one-year return is 18.91%, surpassing the benchmark return of 16.72% [1][2]. - Over the past five years, the fund has delivered a return of 41.71%, exceeding the benchmark return by 36.34% [1][2]. - Since inception, the fund has achieved a total return of 64.56%, outpacing the benchmark by 48.55% [1][2]. Asset Allocation - The fund is classified as a high-flexibility secondary bond fund, with 16.11% in equities and 76.93% in bonds [2]. - The bond allocation primarily consists of government bonds, which account for 54.33% of the net value, a decrease of 17.58% from the previous period [2]. - Convertible bonds make up 16.78% of the net value, reflecting an increase of 16.84% [2]. - The manufacturing sector is the main focus for equity investments, comprising 14.06% of the net value, down by 1.38% [2]. Manager Insights - The fund manager indicates a strategic approach in a low-interest-rate environment, with a focus on convertible bonds and a balanced stock portfolio [3]. - Key sectors of interest include cyclical manufacturing, new consumption trends, and technology applications, particularly in artificial intelligence and renewable energy [3]. - The outlook for the consumer sector is optimistic, with expectations for strong companies to emerge from the downturn and expand into high-end markets [3]. Fund Manager Background - "Xingyin Enhanced Income A" was established on November 28, 2016, and is managed by Luo Yida and Deng Jichao, both of whom hold master's degrees and have significant experience in fund management [4].