现金流ETF（159399）近20日涨超3.5亿元，高现金流类资产的配置价值日益凸显

Core Viewpoint - Under the backdrop of low interest rates and asset scarcity, the allocation value of high cash flow assets is increasingly prominent, with sustained demand expected due to medium to long-term capital inflows [1] Group 1: Cash Flow and Investment Opportunities - Empirical research indicates that companies with abundant cash flow typically exhibit a higher willingness to distribute dividends, with a significant positive correlation between free cash flow rate and dividend yield [1] - Investors are encouraged to pay attention to cash flow ETFs (159399), which have consistently outperformed the CSI Dividend Index and the CSI 300 Index over the past nine years from 2016 to 2024 [1] Group 2: ETF Performance and Characteristics - The underlying index of cash flow ETF (159399) focuses on large and mid-cap stocks, with a higher proportion of central state-owned enterprises compared to similar cash flow indices [1] - According to the fund announcement, the cash flow ETF has been able to assess dividends monthly and has distributed dividends for ten consecutive months since its listing, making it a potential area of interest for investors [1]