KWEICHOW MOUTAI(SH:600519) Sou Hu Cai Jing·2025-07-25 06:06Core Viewpoint - The article discusses the performance and characteristics of the China Securities Dividend Quality ETF (159209), highlighting its recent net inflows and alignment with value investment principles [1]. Group 1: ETF Performance - As of July 25, the Shanghai Composite Index was consolidating around 3600 points, with the China Securities Dividend Quality ETF (159209) experiencing a slight decline of 0.19% [1]. - The ETF has seen continuous net inflows for 8 consecutive days, indicating sustained investor interest [1]. Group 2: ETF Characteristics - The ETF tracks the CSI All Share Dividend Quality Index, which selects 50 companies known for stable dividends, high dividend yields, and consistent profitability [1]. - The ETF employs a "dividend + quality" dual-factor screening mechanism, focusing on companies with both "low valuation" and "high quality" characteristics, aligning with Warren Buffett's investment philosophy [1]. Group 3: Product Design - The fee structure of the ETF is set at a competitive "0.15% + 0.05%", which is the lowest in the market, providing a cost advantage for long-term holders [1]. - The dividend distribution model is based on a monthly assessment, catering to investors' cash flow needs and enhancing the holding experience [1].