Group 1 - The core viewpoint of the article highlights the recent rebalancing of the CSI All Share Free Cash Flow Index, which involved a high turnover rate of 61% with 39 stocks being added and 39 stocks being removed, driven by weakening free cash flow rates and profit-taking from outperforming stocks [1] - The sectors with the largest weight reductions include agriculture, non-ferrous metals, and retail, while the sectors with the largest weight increases are home appliances, electronics, and building materials, indicating a shift in investment focus [1] - The index exhibits a style characteristic of high dividends, high profitability, low valuation, and low volatility, appealing to investors seeking stable returns [1] Group 2 - The latest scale of the Free Cash Flow ETF Fund (159233) reached 243 million, marking a recent high, and it is positioned as a value-style ETF excluding financials and real estate [2][3] - The fund has shown a 0.63% increase as of September 29, 2025, with a weekly increase of 1.45%, ranking 3rd among comparable funds [2] - The fund has experienced continuous net inflows over the past 21 days, totaling 142 million, with a maximum single-day inflow of 19.19 million [4] Group 3 - The fund's maximum drawdown since inception is 3.76%, with a relative benchmark drawdown of 0.24%, indicating a relatively stable performance [5] - The management fee for the fund is 0.50%, and the custody fee is 0.10%, which are competitive rates for investors [6] - The fund closely tracks the CSI All Share Free Cash Flow Index, which consists of 100 stocks with high free cash flow rates, reflecting the overall performance of companies with strong cash flow generation capabilities [7]
自由现金流ETF在9月15日完成调仓，具备高换手、高分红、高盈利、低估值、低波动的风格特征
Xin Lang Cai Jing·2025-09-30 02:14