Core Viewpoint - The market is experiencing fluctuations, but the value style is rising against the trend, with the Guozheng Value 100 Index up by 0.6% as of 14:30, potentially achieving a "three consecutive days" increase [1] Summary by Relevant Sections Market Performance - The Guozheng Value 100 Index is showing resilience with a 0.6% increase, indicating strong interest in value stocks despite overall market adjustments [1] - The value ETF (159263) has attracted approximately 200 million yuan in inflows since October, reflecting ongoing investor interest [1] Future Outlook - Analysts suggest that the value style has both upward potential and higher investment success rates. The divergence between growth and value styles has reached historical highs, indicating potential for convergence [1] - Value stocks have lagged in previous gains, suggesting greater relative return potential moving forward [1] - Current market conditions show a high demand for low-risk investments, which may favor the value style as risk appetite declines [1] Index Characteristics - The Guozheng Value 100 Index employs a screening system based on "high dividend + high free cash flow + low PE," focusing on core value stocks in the market [1] - The index currently has a dividend yield of approximately 5% and a rolling price-to-earnings ratio of 9, which is at the 17th percentile over the past five years [1] - Since its inception at the end of 2012, the total return index has achieved an annualized return of 17% [1] Investment Product - The value ETF (159263) is the first product tracking the Guozheng Value 100 Index, providing investors with a means to access undervalued quality assets in the market [1]
价值风格今日逆势上涨,价值ETF(159263)持续受资金关注
Mei Ri Jing Ji Xin Wen·2025-10-22 06:49