“红利+”指数低位震荡，自由现金流ETF易方达（159222）全天净申购达2600万份

Core Viewpoint - The "Dividend+" index is experiencing low-level fluctuations and slight corrections, with specific indices showing minor declines, while there is a notable inflow of funds into the free cash flow ETF from E Fund [1]. Group 1: Index Performance - The Guozheng Free Cash Flow Index decreased by 0.2%, the CSI Dividend Index fell by 0.3%, and the Guozheng Value 100 Index dropped by 0.7% [1]. - The E Fund Free Cash Flow ETF (159222) saw a net subscription of 26 million units throughout the day, following a total net inflow of 73 million yuan over the previous four trading days [1]. Group 2: Index Characteristics - The Guozheng Value 100 Index employs a three-dimensional screening system based on "high dividend + high free cash flow + low price-to-earnings ratio" to select value stocks, demonstrating stable historical performance [1]. - The Guozheng Free Cash Flow Index selects stocks based on free cash flow rates, combining high dividends with growth potential [1][5]. Group 3: ETF Details - The E Fund Free Cash Flow ETF has a low fee rate of 0.15% plus an additional 0.05% [7]. - The index tracked by the ETF consists of 100 stocks with high free cash flow levels, with over 70% of the composition in industrials, materials, and consumer discretionary sectors [5].