Group 1 - The article highlights the increasing market attention on free cash flow strategy products, particularly in a low-interest-rate environment, with Jin Ying Fund launching the Jin Ying CSI All Share Cash Flow Index Fund on August 18 to provide investors with a tool for investing in high-quality cash flow companies [1] - Warren Buffett refers to free cash flow as "the real gold and silver of value investing," emphasizing that it better reflects a company's sustainable cash generation ability compared to accounting profits. Free cash flow serves as the basis for dividend distribution and is considered "unrealized dividends," enabling companies to reward investors and supporting high dividend yields [1] - The CSI All Share Free Cash Flow Index selects 100 "cash cow" companies from non-financial and real estate sectors based on liquidity, industry, and profit quality, offering investors superior equity asset investment choices. Since the base date of December 31, 2013, the CSI Cash Flow Total Return Index has increased by 659.18%, with an annualized return of 19.64%, demonstrating strong medium to long-term allocation value [1] Group 2 - The Jin Ying CSI All Share Cash Flow Index Fund uses a performance benchmark of 95% of the CSI All Share Free Cash Flow Index return plus 5% of the after-tax bank demand deposit rate, employing an index investment strategy to closely track the underlying index while minimizing tracking deviation and error [2] - The fund is managed by Sun Qianqian, Deputy General Manager of the Absolute Return Investment Department at Jin Ying Fund, who has 14 years of experience in the securities industry and 6 years in public fund management. Her current managed products focus on high dividend safety and enhance returns through cash flow-based quantitative indicators in stock selection [2]
金鹰中证全指自由现金流指数基金18日起发行
Zhong Zheng Wang·2025-08-18 09:21