资金长期流向权益资产的趋势依然成立，自由现金流ETF（159201）昨日净流入超1.3亿元

Group 1 - The A-share market opened higher on December 31, with the Shanghai Composite Index rising by 0.09%, the Shenzhen Component Index by 0.17%, and the ChiNext Index by 0.15% [1] - The National Index of Free Cash Flow showed an upward trend, increasing by approximately 0.3%, with stocks like Chuang Logistics and Fenghuo Communication hitting the daily limit [1] - The largest free cash flow ETF (159201) saw a net inflow of over 130 million yuan yesterday, bringing its latest scale to 8.472 billion yuan, indicating significant capital inflow [1] Group 2 - CITIC Securities' investment strategy report for the A-share market in 2026 suggests that as deposit rates, bank wealth management yields, and money market fund rates continue to decline, low-risk investors are gradually shifting towards equity markets, indicating a long-term trend of capital flowing into equity assets [1] - 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 screening for liquidity, industry, and ROE stability, making the index resilient and suitable for long-term investment [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]