“红利+”指数窄幅震荡，价值ETF(159263)半日净申购达1000万份

Core Viewpoint - The market is experiencing slight fluctuations, with the "Dividend +" index showing a marginal increase, while the value ETF has seen significant net inflows this month [1]. Group 1: Index Performance - As of the midday close, the CSI Dividend Index rose by 0.06%, the National Free Cash Flow Index increased by 0.03%, and the National Value 100 Index fell by 0.2% [1]. - The National Value 100 Index employs a three-dimensional screening system focusing on "high dividends + high free cash flow + low price-to-earnings ratio," historically demonstrating stable performance [1]. - The National Free Cash Flow Index selects stocks based on free cash flow rates, combining high dividends with growth potential [1]. Group 2: ETF Insights - The Value ETF (159263) has seen a net subscription of 10 million units in the first half of the day, with a total net inflow of approximately 280 million yuan this month [1]. - The E Fund Free Cash Flow ETF (159222) tracks the National Free Cash Flow Index, which consists of 100 stocks with high free cash flow levels, primarily in the industrial, materials, and consumer discretionary sectors, accounting for over 70% [4]. - The E Fund Free Cash Flow ETF has a low fee rate of 0.15% plus an additional 0.05% [4].