Group 1 - The A-share market showed mixed performance on December 12, with the National Index of Free Cash Flow rising approximately 0.2%, led by stocks such as Changbao Co., Jin Hong Group, Guodian Nanzi, and Yaxiang Integration [1] - The largest free cash flow ETF (159201) attracted significant capital, raising a total of 1.54 billion yuan over the past 20 trading days [1] - Citic Securities anticipates that the 2025 Central Economic Work Conference will emphasize the contradiction of "strong supply and weak demand," focusing on qualitative improvements and reasonable quantitative growth in the economy [1] Group 2 - The free cash flow ETF (159201) and its linked funds (A: 023917; C: 023918) closely track the National Index of Free Cash Flow, selecting stocks with positive and high free cash flow after liquidity, industry, and ROE stability screening [1] - The fund management fee is set at an annual rate of 0.15%, and the custody fee at 0.05%, both of which are the lowest in the market, maximizing benefits for investors [1] - Overall, it is expected that the economy will maintain stable growth by 2026, with policies continuing to support high-quality development [1]
政策将继续支持高质量发展，聚焦同类规模最大的自由现金流ETF（159201）布局价值
Mei Ri Jing Ji Xin Wen·2025-12-12 02:52