现金流ETF(159399)净流入超1000万份,连续5日净流入超3亿元,资金逢震荡抢筹防御资产
Sou Hu Cai Jing·2025-11-21 02:32

Core Insights - Cash Flow ETF (159399) has seen a net inflow exceeding 10 million units, with a total net inflow of over 300 million yuan for five consecutive days [1] - Huachuang Securities highlights a shift in the stock economy from scale pursuit to profit and cash flow, indicating that strong free cash flow can lead to shareholder returns over time [1] - The strategy focusing on high free cash flow and low investment with high profit distribution to shareholders tends to perform better in declining or volatile markets [1] Performance Summary - The underlying index of Cash Flow ETF, FTSE Cash Flow Index, has outperformed the CSI Dividend Index and CSI 300 Index for nine consecutive years from 2016 to 2024 [1] - The Cash Flow ETF targets large and mid-cap stocks, with a higher proportion of central state-owned enterprises compared to similar cash flow indices [1] - The fund has consistently distributed dividends for nine months since its listing, with monthly evaluations of dividends available [1]