指数回调现“逢低布局”机会，自由现金流ETF易方达（159222）助力均衡配置优质“现金牛”公司

Group 1 - The market experienced fluctuations in the afternoon, with sectors such as components, CPO, dairy, and retail showing gains, while industrial metals, steel, and coal sectors faced declines. As of 14:17, the National Free Cash Flow Index dropped by 2.0% [1] - GF Securities previously stated that free cash flow is a cash flow-based metric reflecting the actual cash available to companies for retention, dividends, buybacks, and debt servicing, making it an important indicator of financial health and profitability [1] - Companies with abundant free cash flow can share in long-term growth dividends and are better positioned to navigate economic cycles. In the context of policy support and market style shifts, the free cash flow index is expected to serve as a "ballast" for asset allocation [1] Group 2 - The National Free Cash Flow Index focuses on A-share listed companies with high and stable free cash flow levels, considering industry, liquidity, ROE stability, free cash flow, enterprise value, and operating cash flow during sample selection [1] - The top three industries in the index are non-ferrous metals, automotive, and oil and petrochemicals, providing a balanced allocation of quality "cash cow" companies that combine high-quality profitability with strong defensive attributes [1] - The E Fund Free Cash Flow ETF (159222) offers a management fee rate of 0.15% per year, providing investors with a convenient tool for bottom-line allocation amid market volatility [1]