资金布局现金流防御，现金流ETF（159399）盘中上行，连续4日净流入超1.1亿元

Group 1 - The core viewpoint of the article highlights the Cash Flow ETF (159399) as a Smart Beta ETF that focuses on free cash flow as a stock selection factor, tracking the FTSE China A-Share Free Cash Flow Index while excluding financial and real estate sectors [1] - The ETF selects the top 50 stocks with the highest free cash flow rates, identifying "cash cow" companies in the A-share market, which lays a solid foundation for long-term investment returns [1] - As a unique feature, the Cash Flow ETF implements a monthly dividend assessment mechanism, having conducted three dividend distributions since its launch in February 2025, making it the only ETF in the market that evaluates dividends monthly [1] Group 2 - The cash dividends from the fund products help realize clear returns, optimizing the investor's experience and engagement [1] - With a higher frequency of monthly dividends, the ETF can provide up to 12 distributions per year, enhancing the frequency of returns and offering a stable, continuous, and intuitive investment experience [1] - Investors interested in the Cash Flow ETF (159399) are encouraged to consider its investment opportunities [1]