指数双双“四连阳”，关注价值ETF（159263）、自由现金流ETF易方达（159222）投资价值

Group 1 - The core viewpoint of the article highlights the strong performance of value stocks, with the Guozheng Value 100 Index rising by 1.3% and over 10% since October, while the Guozheng Free Cash Flow Index increased by 1.1%, achieving four consecutive days of gains [1] - The recent rise in value stocks is attributed not only to a "high-cut-low" market trend but also to expectations of economic recovery and the resonance of dividend premiums [1] - The current non-manufacturing PMI in China has crossed the threshold, indicating potential benefits for traditional value sectors such as home appliances and banking due to recovering demand [1] Group 2 - The Guozheng Value 100 Index employs a three-dimensional screening system based on "high dividends + high free cash flow + low price-to-earnings ratio" to select value stocks, demonstrating stable historical performance [1] - The Guozheng Free Cash Flow Index selects assets based on free cash flow rates, focusing on cash-rich value assets, with the top three weighted industries being non-ferrous metals, automotive, and oil and petrochemicals [1] - The Value ETF (159263) and the E Fund Free Cash Flow ETF (159222) track the aforementioned indices, providing investors with convenient tools to invest in undervalued quality assets and capitalize on style-switching opportunities [1]