20240524_招商证券_银行业理财资产配置专题分析之四：2023和24Q1理财配置公募基金有何变化？_23页.pdf

|2024 05 24/2023 24Q1 24Q1 2.5%0.7 23 0.1 2023 26.8 2024 3 4 2.5 5 0.3 2024 2024 2024 4 3.94%29.5%1.4%23Q4 24Q1 24Q1 57.2%+0.6pct 26.8%+0.1pct 4.6%-1.6%2.0%-0.9pct 2.5%+0.4pct 24Q1 0.7 23 0.1 0.1 QDII Q1 24Q1 42.0%35.3%14.3%4.7%Q1 0.01 0.04 0.06 0.01()17 4 23 2022 2023 300 Q1 Q1 3.0%23 0.3 0.1 13%23 0.6 Q1 TOP10 47.1%CR10%40 0.8 8048.5 10.4 7916.0 11.4%1m 6m 12m 6.5 19.8 13.1 2.6 17.5 20.1 1 ABS 1Q24 2024-05-21 2-2024 5 5 2024-05-19 3 2024-05-14 S1090521010002 S1090523070003-20-100102030May/23 Sep/23 Jan/24 Apr/24(%)银行 沪深3002023 24Q1 2.4.9.13.15 1.16 2.17 3.19.21.22 1.4 2.4 3.8 4.8 5.13 6.13 7 24Q1.13 8.14 9 24Q1.14 10.15 11 24Q1.15 12.16 13.17 14.17 15.18 16 24Q1.18 17.18 18 24Q1.18 XVFUuNqNnOmNsMsRrMtMnM8OdN9PnPmMmOmQiNrRrPiNmMrM9PqQxPwMqNuNMYpMoP 3 19.19 20 24Q1.19 21.19 22.20 23 24Q1.20 24 24Q1.20 25 24Q1.21 1.5 2.6 3.6 4.7 5.9 6.9 7.10 8.11 9.12 10 24Q1 TOP10.14 11 24Q1 TOP10.15 12 24Q1 TOP10.21 13.22 4 Q4 2023 26.8 0.8 2024 1 iFinD 2024 3 4 2.5 5 0.3 2024 2024 2 2019-2021 2022-2023 2023 10%10%0.05.010.015.020.025.030.035.0理财规模2005 2005 2009 2011 2018 4 2018 9 2018 12 2019 2020 7 2021 12 2021 6 2021 8 2021 9 2021 12 2022 8-3-2-101231 月 2 月 3 月 4 月 5 月 6 月 7 月 8 月 9 月 10 月 11 月 12 月2019 年 2020 年 2021 年 2022 年 2023 年 2024g+ywu/RxR8wmmFOccKlv+pDzSda0ryHb0G1WUCrSdD4tuGam2+KIK7OtznBBL1NT 5 1 2023 2022 16,075 2,496 18,571 17,623 3,817 21,440-8.8%-13.4%14,991 794 15,786 19,110 1,030 20,140-21.6%-21.6%15,873 980 16,853 17,757 1,574 19,332-10.6%-12.8%15,506 804 16,311 16,506 1,097 17,603-6.1%-7.3%12,314 709 13,023 10,854 1,215 12,069 13.4%7.9%7,337 428 7,765 7,791 509 8,301-5.8%-6.5%小计 82,097 6,211 88,308 89,642 9,243 98,885-8.4%-10.7%12,678 445 13,123 11,309 544 11,852 12.1%10.7%24,720 770 25,489 25,215 1,458 26,673-2.0%-4.4%22,427 215 22,642 20,633 296 20,929 8.7%8.2%16,707 577 17,284 14,871 899 15,771 12.3%9.6%10,070 60 10,131 8,742 127 8,868 15.2%14.2%5,919-5,919 5,134-5,134 15.3%15.3%1,664-1,664 1,657 11 1,668 0.4%-0.2%9,518 667 10,184 8,393 860 9,253 13.4%10.1%8,657 28 8,685 8,840 8,840-2.1%-1.8%1,320 180 1,501-1,702 1,702-11.9%1,104 99 1,203 219 794 1,013 403.9%18.7%-1,492 1,492-2,107 2,107-29.2%115,091 4,533 119,316 105,012 8,799 113,811 9.6%4.8%3,739-3,739 3,599 3,599 3.9%3.9%4,021 4,021 3,864 103 3,967 4.1%1.4%1,773 1,773 2,115 2,115-16.2%-16.2%3,740 3,740 3,426 3,426 9.1%9.1%5,204 5,204 3,589 794 4,383 45.0%18.7%2,081 2,081 2,008 2,008 3.6%3.6%2,804 2,804 3,979 3,979-29.5%-29.5%1,205 1,205 1,391 1,391-13.4%-13.4%2,915 2,915 3,038 3,038-4.1%-4.1%27,482-27,482 27,010 897 27,906 1.7%-1.5%243 510-52.4%122 67 80.7%101 181-44.1%44 2 35 小计 545 759-28.3%224,670 10,744 235,107 222,422 18,939 240,602 1.0%-2.3%-29 2023 0.75 8.4%9.3%6 2 2022 8.37 0.57 0.02-8.96 10.17 0.30 0.01 0.02 10.50 2.65 0.04 0.01 0.01 2.70 0.07 0.00 0.00-0.08 21.26 0.92 0.04 0.02 22.24 2023 7.89 0.30 0.01 8.21 11.25 0.18 0.02 0.03 11.48 2.68 0.03 0.00 0.01 2.72 0.05 0.00 0.00 0.05 21.82 0.48 0.07 0.04 22.42 2023 3 2023 年末 2022 15,529 56 490 16,075 16,308 62 1,253 17,623 14,650-342 14,991 18,454 13 643 19,110 14,574-1,298 15,873 15,804-1,953 17,757 15,095 80 331 15,506 15,663 92 751 16,506 12,058-256 12,314 10,314-540 10,854 7,011 9 318 7,337 7,190 1 600 7,791 78,917 145 3,035 82,097 83,732 169 5,741 89,642 11,995 3 679 12,678 10,760 5 544 11,309 23,918 45 566 24,720 23,957 58 1,057 25,215 22,074 59 255 22,427 19,968 23 637 20,629 16,574 15 117 16,707 14,576 17 279 14,871 9,965 1 104 10,070 8,641 1 99 8,742 5,883 5 32 5,919 4,939 6 189 5,134 1,651-14 1,664 1,626 31 1,657 9,501 13 4 9,518 8,366 9 18 8,393 8,554 43 69 8,685 8,840 1,100-4 1,104 216 3 219 1,320-1,320 112,536 185 1,844 114,812 93,050 119 2,856 105,008 3,716 17 6 3,739 3,545 49 5 3,599 3,812 4 58 4,021 3,741 5 65 3,864 1,767 4 2 1,773 2,096 6 13 2,115 3,711 3 25 3,740 3,379 4 43 3,426 5,060 1 142 5,204 3,440 1 148 3,589 2,078 0 4 2,081 2,007 0 1 2,008 1,205-1,205 1,378 13 1,391 7 2,784-20 2,804 3,944 35 3,979 2,642 5 32 2,679 2,952 86 3,038 26,775 35 289 27,246 26,481 66 408 27,010 231-12 243 498 12 510 102 19 2 122 42 24 2 67 98-3 101 179 2 181 42 2-44 2 2 35-35 2023 196 59 147 2023 2023 4%33%15%31%2022 4 2021 2022 2023 2021 2022 2023 8.92 12.36 13.25 177 189.1 202.57 20.62 28.4 13.23 174.47 202.89 194.54 17.21 35.23 15.97 150.61 185.8 201.83 26.09 18.54 16.28 130.82 149.35 166.14 11.55 11.88 12.4 99.29 110.99 123.69 12.25 12.71 8.41 104.64 117.25 125.69 96.64 119.12 79.54 836.83 955.38 1014.46 15.86 18.79 17.64 70.19 82.49 100.23 32.03 35.93 31.9 106.78 169.35 201.35 28.06 31.11 25.82 91.62 122.72 146.21 18.06 20.48 22.55 74.01 94.49 117.11 16.16 18.82 18.85 67.83 86.6 105.47 2.95 8.75 5.05 33.37 42.08 47.26 1.9 54.37 18.6 4.49 10.38 11.52 60.38 71.89 1.98 22.18 113.12 164.76 139.8 443.8 712.48 811.7 6.11 13.62 8.83 17.4 31.03 39.86 4.35 9.14 6.68 22.34 31.48 38.36 6.96 28.16 40.1 43.1 6.46 8.13 5.26 26.79 37.93 43.19 3.12 23.21 4.08 3.45 2.99 14.1 15.55 17.05 7.9 3.15 37.9 41.05 3.56 3.58 1.7 23.66 27.17 29.1 40.36 31.52 45.82 31.73 132.45 221.16 315.28 8 241.28 329.70 251.07 1413.08 1889.02 2141.44 24Q1 2024 2024 4 3.94%4.36%0.42 3=1/2022 2021 2022 2024 4 3.9%29.5%1.4%4=1/0%5%10%15%20%25%理财公司公募理财产品破净率0%10%20%30%40%50%60%固收产品破净率 混合产品破净率 9 2023 24Q1 2024 3 57.2%+0.6pct 26.8%+0.1pct 4.6%-1.6%2.0%-0.9pct 2.5%+0.4pct 24Q1 21 2024 4 8 5 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 24Q1 29.8%29.5%46.9%45.2%49.0%59.7%64.3%68.4%63.7%56.6%57.2%:25.5%25.4%35.1%34.1%40.7%51.7%47.8%48.1%45.7%42.1%4.3%4.1%8.7%8.1%8.3%8.1%7.7%5.8%4.7%3.2%3.1%3.0%13.9%13.3%11.3%12.6%20.9%15.7%17.5%16.2%23.2%17.5%15.0%8.4%6.5%6.2%4.6%6.2%7.8%7.0%9.5%9.9%7.6%4.8%3.3%3.1%2.9%2.0%10.0%9.3%6.6%6.6%6.6%3.9%5.7%4.7%6.2%26.6%22.4%16.6%13.9%5.8%9.1%11.4%17.5%26.7%26.8%1.3%0.8%3.0%3.4%2.8%4.0%2.7%2.1%2.5%1.2%2.9%2.1%8.7%1.6%0.6%0.8%0.8%0.7%24Q1 19.7 2023 2023 34.5%26.7%6 2022 现金及存款 同业存单 拆放及买入返售 债券 非标 权益类 衍生品 QDII 公募基金 合计 6,225 11,682 152 1 33 690 18,783 33.1%62.2%0.8%0.0%0.2%3.7%100.0%17,858 1,098 0 250 19,206 93.0%5.7%0.0%1.3%100.0%4,485 1,266 774 3,846 291 489 0 2 463 11,614 38.6%10.9%6.7%33.1%2.5%4.2%0.0%0.0%4.0%100.0%1,157 324 6,790 323 0 234 8,828 13.1%3.7%76.9%3.7%0.0%2.7%100.0%5,935 2,564 1,277 9,225 853 204-0 6 346 20,410 29.1%12.6%6.3%45.2%4.2%1.0%0.0%0.0%1.7%100.0%3,890 3,225 1,199 8,079 629 214 305 236 17,779 21.9%18.1%6.8%45.5%3.5%1.2%1.7%1.3%100.0%10 2023 现金及存款 同业存单 拆放及买入返售 债券 非标 权益类 衍生品 QDII 公募基金 合计 7,289 9,100 144 4 128 519 17,184 42.4%53.0%0.8%0.0%0.7%3.0%100.0%5,282 3,647 459 6,201 576 960 0 12 283 17,420 30.3%20.9%2.6%35.6%3.3%5.5%0.0%0.1%1.6%100.0%4,739 1,442 479 5,416 502 353 0 20 521 13,473 35.2%10.7%3.6%40.2%3.7%2.6%0.0%0.2%3.9%100.0%2,871 419 4,556 229 0 174 8,250 34.8%5.1%55.2%2.8%0.0%2.1%100.0%5,279 3,799 693 4,782 236 117 0 27 522 15,456 34.2%24.6%4.5%30.9%1.5%0.8%0.0%0.2%3.4%100.0%5,104 2,347 345 7,805 550 181 267 123 16,722 30.5%14.0%2.1%46.7%3.3%1.1%1.6%0.7%100.0%2023 2023 30%7 2022 现金及存款 同业存单 拆放及买入返售 债券 非标 权益类 衍生品 公募基金 其他 合计 4,590 4,010 1,565 17,213 962 181 1,410 235 30,165 15.2%13.3%5.2%57.1%3.2%0.6%4.7%0.8%100.0%5,448 16,760 121 570 22,898 23.8%73.2%0.5%2.5%100.0%10,984 406 119 195 11,704 93.9%3.5%1.0%1.7%100.0%1,893 1,362 11,988 121-1 375 15,738 12.0%8.7%76.2%0.8%0.0%2.4%100.0%1,834 1,829 495 4,010 983 97 1 159 31 9,440 19.4%19.4%5.2%42.5%10.4%1.0%0.0%1.7%0.3%100.0%376 231 121 794 75 53 1 96 37 1,783 21.1%12.9%6.8%44.5%4.2%3.0%0.0%5.4%2.1%100.0%1,691 1,627 613 4,076 461 180 293 8 8,949 18.9%18.2%6.8%45.5%5.1%2.0%3.3%0.1%100.0%817 656 442 3,365 418 401 77 6,174 13.2%10.6%7.2%54.5%6.8%6.5%1.2%100.0%11 4 11 159 34 16-1 1 236 4.7%1.7%4.5%67.1%14.6%6.6%0.0%0.4%0.5%100.0%2,841 884 4,815 338 370 187 9,435 30.1%9.4%51.0%3.6%3.9%2.0%100.0%2023 现金及存款 同业存单 拆放及买入返售 债券 非标 权益类 衍生品 公募基金 其他 合计 8,314 4,510 965 12,934 740 223 768 260 28,714 29.0%15.7%3.4%45.0%2.6%0.8%2.7%0.9%100.0%7,744 16,577 166 749 25,236 11 30.7%65.7%0.7%3.0%100.0%13,146 505 1 105-1 13,756 95.6%3.7%0.0%0.8%0.0%100.0%4,185 1,149 12,200 116 3 538 18,191 23.0%6.3%67.1%0.6%0.0%3.0%100.0%3,424 1,439 724 4,311 625 126 2 179 106 10,935 31.3%13.2%6.6%39.4%5.7%1.2%0.0%1.6%1.0%100.0%483 177 124 805 75 57 0 51 6 1,779 27.1%10.0%6.9%45.3%4.2%3.2%0.0%2.9%0.3%100.0%3,971 342 363 4,733 482 175 0 88 3 10,157 39.1%3.4%3.6%46.6%4.7%1.7%0.0%0.9%0.0%100.0%2,931 283 180 2,301 493 58 68 6,314 46.4%4.5%2.9%36.4%7.8%0.9%1.1%100.0%98 3 204 1,036 31 1 39 1 1,411 6.9%0.2%14.4%73.4%2.2%0.1%2.8%0.0%100.0%3,221 1,092 3,978 661 132 176 9,261 34.8%11.8%43.0%7.1%1.4%1.9%100.0%1,341 52 19 1,412 95.0%3.7%1.3%100.0%2023 2023 13.8%2023 8 2022 现金及存款 同业存单 拆放及买入返售 债券 非标 权益类 公募基金 其他 合计 140 481 290 2,147 614 94 60 5 3,830 3.7%12.5%7.6%56.1%16.0%2.5%1.6%0.1%100.0%401 2,563 748 209 3 3,924 10.2%65.3%19.1%5.3%0.1%100.0%2,130 6 32 2,169 98.2%0.3%1.5%100.0%3,511 69 68 3,648 96.2%1.9%1.9%100.0%416 289 302 2,036 476 220 13 3,752 11.1%7.7%8.0%54.3%12.7%5.9%0.3%100.0%1,786 58 444 2,288 78.1%2.5%19.4%100.0%282 370 574 2,512 179 66 53 1 4,037 7.0%9.2%14.2%62.2%4.4%1.6%1.3%0.0%100.0%165 77 1,048 0 140 1,431 11.5%5.4%73.2%0.0%9.8%100.0%2023 现金及存款 同业存单 拆放及买入返售 债券 非标 权益类 公募基金 其他 合计 532 420 495 2,035 685 59 42 5 4,273 12.5%9.8%11.6%47.6%16.0%1.4%1.0%0.1%100.0%889 248 282 1,739 813 182 22 24 4,199 12 21.2%5.9%6.7%41.4%19.4%4.3%0.5%0.6%100.0%1,792 4 41 1,838 97.5%0.2%2.3%100.0%3,792 56 33 3,882 97.7%1.5%0.9%100.0%1,023 252 290 2,689 659 387 12 5,312 19.3%4.8%5.5%50.6%12.4%7.3%0.2%100.0%2,109 39 332 2,480 85.1%1.6%13.4%100.0%578 367 88 1,503 293 57 17 2,904 19.9%12.6%3.0%51.8%10.1%1.9%0.6%100.0%146 82 972 2 31 1,233 11.8%6.7%78.8%0.2%2.5%100.0%721 285 174 1,292 246 79 119 0 2,915 24.7%9.8%6.0%44.3%8.4%2.7%4.1%0.0%100.0%24 2023 24 8.2 52%2022 11 23 6 5.3 9 2022 占比 23H1 占比 2023 占比 建信理财 16,175 85%12,878 87%13,166 88%光大理财 5,527 47%8,056 65%9,809 71%工银理财 8,383 47%8,396 54%8,240 51%信银理财 5,321 35%6,156 38%7,547 43%平安理财 5,113 58%6,145 66%7,427 70%农银理财 9,118 51%7,730 53%7,384 46%浦银理财 3,324 38%3,683 47%6,529 65%华夏理财 4,215 82%3,802 80%5,034 85%中邮理财 1,539 18%2,511 31%3,047 37%苏银理财 829 22%1,008 22%1,733 33%北银理财 1,167 35%1,129 41%1,687 58%南银理财 611 17%1,043 29%1,597 42%上银理财 838 21%1,168 34%1,466 50%青银理财 1,217 58%1,253 53%1,290 58%宁银理财 667 17%643 18%1,180 28%渤银理财 133 56%963 71%渝农商理财 714 51%772 62%893 74%恒丰理财 117 52%383 71%893 80%广银理财 725 41%850 50%858 48%徽银理财 729 34%693 38%786 43%汇华理财 473 93%286 92%211 87%杭银理财 372 10%562 15%132 32%贝莱德建信 43 64%93 78%95 78%13 施罗德交银 140 73%90 67%85 82%24Q1 24Q1 0.7 23 0.1 4 5 2024 3 82.7%5.4%5.4%2.4%Q1 0.1 QDII 2023 FOF 6 7 24Q1 0.0%1.0%2.0%3.0%4.0%5.0%-0.20 0.40 0.60 0.80 1.00 1.20 1.402020 1H21 2021 1H22 2022 23Q1 23H1 23Q3 2023 24Q1理财投资公募基金规模 公募基金持仓占比（右轴）0500010000150002021 22H1 2022 23Q1 23H1 23Q3 2023 24Q1债券型基 金 混合型基 金 货币型基 金股票型基 金 另类投资 基金 国际/QDII 基金债券型基金82.7%混合型基金5.4%货币型基金5.4%股票型基金2.4%另类投资基金1.0%国际/QDII基金2.9%REITs0.1%14 Q1 2024 3 42.0%35.3%14.3%4.7%Q1 0.01 0.04 0.06 0.01 8 9 24Q1 3 2024 3 A 58 A 34.1 TOP10 150()17.3 4 2023 10 24Q1 TOP10 24Q1 003528.OF A 2016/12/6 57.91 006797.OF A 2019/1/24 34.10 006609.OF A 2019/9/4 26.21 008229.OF 2020/7/31 24.09 007194.OF A 2019/8/29 23.94 003978.OF A 2017/3/3 23.22 017800.OF 30 2023/2/22 23.07 007761.OF 2019/8/26 19.91 007736.OF 2019/9/4 18.84 005725.OF A 2018/12/19 18.37 Wind 02000400060008000100002021 22H1 2022 23Q1 23H1 23Q3 2023 24Q1中长期纯债型基金 短期纯债型基金混合债券型一级基金 混合债券型二级基金被动指数型债券基金 可转换债券型基金中长期纯债型基金42.0%短期纯债型基金35.3%混合债券型一级基金14.3%混合债券型二级基金4.7%被动指数型债券基金3.5%可转换债券型基金0.2%增强指数型债券基金0.0%15 2022 2024 3 46.8%19.3%14.1%2023 10 11 24Q1 2024 3 A 19.8 ETF 7.7 TOP10 2 5 2 1 TOP10 8 300 Q1 11 24Q1 TOP10 24Q1 003411.OF A 2016/9/29 19.81 518880.OF ETF 2013/7/18 7.68 004010.OF A 2016/12/22 4.45 002116.OF A 2016/2/22 4.19 000436.OF A 2013/12/17 4.01 000216.OF ETF A 2013/8/22 3.70 001355.OF A 2015/6/8 3.28 000979.OF A 2015/4/15 2.93 001247.OF A 2015/4/28 2.48 001316.OF A 2015/5/25 2.38 Wind 01000200030002021 22H1 2022 23Q1 23H1 23Q3 2023 24Q1灵活配置 型基金 被动指数 型基金 偏债混合 型基金偏股混合 型基金 普通股票 型基金 增强指数 型基金平衡混合 型基金灵活配置型基金46.8%被动指数型基金19.3%偏债混合型基金14.1%偏股混合型基金8.5%普通股票型基金7.0%增强指数型基金4.3%16 2024 3 0.59 0.12 0.03 82.6%16.9%0.5%12 Wind 1 2024 6.9 24Q1 2024 3 32.5%2023 1.9 020004000600080001000012000140002021 22H1 2022 23Q1 23H1 23Q3 2023 24Q1固定收益类（不含现金管理类）混合类权益类 现金管理类商品及金融衍生品类 17 13 2022 2021 22H1 23H1 2 2023 12.2 24Q1 2024 3 2023+2.2%-1.8%-0.1%+0.3%24Q1 3.0%23 0.3 14 2022 2021 22H1 23H1 0%20%40%60%80%100%202122H123H123Q3202324Q1债券 现金及银行存款 同业存单 拆放同业及买入返售 其他58.2%59.0%62.7%62.0%61.0%59.2%13.8%17.9%18.8%19.6%22.0%24.2%8.7%7.6%4.0%4.1%3.5%3.1%4.0%4.2%4.0%3.5%2.7%3.0%8.8%6.1%5.6%5.4%5.7%5.4%0%20%40%60%80%100%202122H123H123Q3202324Q1债券 现金及银行存款 同业存单拆放同业及买入返售 公募基金 非标权益类资产 其他 18 Q1 0.1 2024 3 89.1%5.0%1.8%1.4%Q1 0.1+0.11-0.03 Q1 QDII 32 15 16 24Q1 2024 3 37.4%40.3%13.6%4.9%24Q1 17 18 24Q1 Q3 2024 3 36.6%34.4%+05000100002021 22H1 2,022 23Q1 23H1 23Q3 2023 24Q1FOF 基金 REITs 股票型基金国际(QDII)基金 混合型基金 货币型基金另类投资基金 债券型基金REITs0.1%股票型基 金1.4%国际(QDII)基金2.2%混合型基 金1.8%货币型基 金5.0%另类投资 基金0.4%债券型基 金89.1%020004000600080002021 22H1 2,022 23Q1 23Q2 23Q3 2023 24Q1中长期纯债型基金 短期纯债型基金混合债券型一级基金 混合债券型二级基金被动指数型债券基金 可转换债券型基金中长期纯债型基金37.4%短期纯债型基金40.3%混合债券型一级基金13.6%混合债券型二级基金4.9%被动指数型债券基金3.7%可转换债券型基金0.2%19 19 20 24Q1 3 2024 0.45 Q1 2024 3 13%23 0.6 23 0.5 29.4%Q1 21 2022 2021 22H1 23H1 23H1 02004006008002021 22H1 2,022 23Q1 23Q2 23Q3 2023 24Q1被动指数 型基金 灵活配置 型基金 偏债混合 型基金偏股混合 型基金 普通股票 型基金 增强指数 型基金股债平衡 型基金被动指数型基金36.6%灵活配置型基金34.4%偏债混合型基金15.2%偏股混合型基金6.2%普通股票型基金5.7%增强指数型基金2.0%股债平衡型基金0.0%32.8%36.9%37.0%37.6%37.5%37.6%10.3%11.6%12.4%10.8%10.5%11.6%5.3%3.3%0.5%0.8%1.2%1.2%23.7%20.6%15.1%14.0%13.6%13.0%9.5%8.4%6.3%5.8%5.3%4.2%14.9%16.5%24.5%27.1%28.8%29.4%0%20%40%60%80%100%202122H123H123Q3202324Q1债券 现金及银行存款 同业存单拆放同业及买入返售 公募基金 非标权益类资产 其他 20 Q3 QDII 2024 3 57.9%23.1%7.3%2.4%Q1 QDII 22 23 24Q1 2024 3 33.5%13.4%16.1%2.6%3.4%Q3+50%24 24Q1 02000400060002021 22H1 2,022 23Q1 23Q2 23Q3 2023 24Q1债券型基金 混合型基金 股票型基金国际(QDII)基金 货币市场型基金 另类投资基金REITs FOF 基金债券型基 金57.9%混合型基 金23.1%股票型基 金7.3%国际(QDII)基金4.7%货币市场型基金2.4%另类投资 基金4.2%REITs0.2%FOF基金0.0%中长期纯 债型基 金33.5%混合债券 型一级基金13.4%灵活配置 型基金16.1%混合债券 型二级 基金2.6%被动指数 型基金3.4%短期纯债 型基金6.7%偏股混合型基金2.9%偏债混合 型基金4.1%被动指数 型债券基金1.7%增 强 指 数 型 基 金1.6%普通股票型基金2.3%货币市场 型基金2.4%可转换债 券型基金0.2%国际(QDII)基金4.7%另类投资 基金4.2%21 24Q1 TOP10 24Q1 TOP10 47.1%CR10 25 24Q1 Wind 2024 3 23Q3 23Q4 12 24Q1 TOP10 2021 22H1 2022 23Q1 23H1 23Q3 23Q4 24Q1 6 7 2 2 2 1 1 1 1 1 1 1 1 2 3 2 29 35 20 10 5 3 2 3 17 10 7 5 3 4 4 4 3 9 11 9 8 6 5 5 2 4 5 4 9 10 6 6 4 5 4 6 11 5 7 7 45 50 36 49 53 55 9 8 7 15 13 12 6 7 8 9 14 3 10 13 13 12 10 10 Wind 23 768 嘉实基金6.9%招商基金6.2%易方达基 金5.6%鹏华基金5.4%汇添富基 金4.6%富国基金4.2%永赢基金4.1%景顺长城 基金4.0%鑫元基金3.2%博时基金3.1%广发基金2.7%交银施罗德基金2.7%国泰基金2.5%申万菱信基金2.1%中信建投 基金1.9%长城基金1.7%华安基金1.7%创金合信基金1.6%华夏基金1.6%易方达香 港1.4%华泰柏瑞 基金1.4%国投瑞银 基金1.3%民生加银基金1.3%中加基金1.3%国联安基 金1.2%建信基金1.2%中欧基金1.2%天弘基金1.1%安信基金1.1%南方基金1.0%其他20.7%22 2023 13 2021 22H1 2022 23H1 2023 1261 1867 1410 1187 768 4.04%5.71%4.68%4.00%2.68%588 769 375 899 538 6.75%6.42%2.38%5.00%2.95%2112 1306 690 623 519 10.00%6.41%3.68%4.00%3.02%493 634 346 462 522 2.20%2.80%1.70%3.00%3.38%1046 958 463 789 521 7.60%7.55%3.98%6.00%3.87%145 173 234 251 174 2.00%1.81%2.65%3.00%2.11%783 486 236 244 123 5.79%2.94%1.33%2.00%0.74%39 150 159 225 179 0.72%2.08%1.69%2.00%1.63%76.72 109 60 102 4 2.39%2.86%1.57%3.00%0.98%