低利率环境下，同类规模最大的自由现金流ETF（159201）布局价值凸显

Core Insights - A new round of interest rate cuts has emerged among small and medium-sized banks, with several banks lowering or preparing to lower deposit rates since October [1] - The net interest margin for banks continues to narrow, with figures reported at 1.52% at the end of last year, 1.43% at the end of Q1 this year, and 1.42% at the end of Q2 this year [1] Group 1: Investment Recommendations - Investors are advised to consider diversified or low-volatility bond assets in a low-interest-rate environment [1] - Increasing the allocation to equity assets is recommended, focusing on companies with high growth potential and stable, high dividend yields [1] - Other asset classes such as real estate and gold should also be considered [1] Group 2: Specific Asset Suggestions - Credit bond ETF (511200) is highlighted for its short to medium duration, low fees, and high credit quality [2] - Free cash flow ETF (159201) is noted for its suitability in the current high-quality economic growth phase, low fees, and being the largest in its category [2]