触底回升！聚焦同类规模最大的自由现金流ETF（159201）中期布局机会

Core Viewpoint - The Guozheng Free Cash Flow Index has rebounded after hitting a low, with leading stocks such as Oriental Tower and Nanjing Xinbai performing well, while China National Offshore Oil Corporation and Lianfa Shares lagged behind [1] Group 1: Market Performance - The largest free cash flow ETF (159201) has seen a continuous inflow of funds over the past 11 days, totaling 1.646 billion yuan [1] - As of November 21, the average daily trading volume of the free cash flow ETF over the past week was 536 million yuan [1] Group 2: Market Outlook - According to Zhongyin International Securities, after significant adjustments last week, the market has limited room for further declines in the short term [1] - The positive policy tone is expected to provide a floor for the market, with short-term adjustments potentially creating mid-term investment opportunities [1] Group 3: Fund Characteristics - The free cash flow ETF (159201) and its linked funds (A: 023917; C: 023918) closely track the Guozheng Free Cash Flow Index, addressing the shortcomings of traditional dividend strategies in industry coverage and future performance predictions [1] - The fund focuses on intrinsic growth capacity, emphasizing financial health and sustainability, aligning with the needs of investors seeking long-term growth and capital appreciation [1] - The annual management fee rate is 0.15%, and the custody fee rate is 0.05%, both of which are the lowest in the market, maximizing benefits for investors [1]