“红利+”指数逆势上涨，关注价值ETF易方达(159263)、自由现金流ETF易方达(159222)投资价值

Core Viewpoint - The market showed mixed performance in the morning session, with the "Dividend+" index rising against the trend, indicating a potential shift towards value and cash flow-focused investments [1]. Group 1: Market Performance - The Guozheng Free Cash Flow Index increased by 1.1%, the Guozheng Value 100 Index rose by 0.5%, and the CSI Dividend Index gained 0.3% by midday [1]. - Related ETFs, including the E Fund Value ETF (159263) and E Fund Free Cash Flow ETF (159222), attracted significant capital inflows, totaling 47 million yuan and 74 million yuan respectively over the last three trading days [1]. Group 2: Index Characteristics - The Guozheng Value 100 Index employs a three-dimensional screening system based on "high dividends + high free cash flow + low price-to-earnings ratio" to select value stocks, demonstrating stable historical performance [1]. - The Guozheng Free Cash Flow Index consists of 100 stocks with high free cash flow levels, primarily from the industrial, materials, and consumer discretionary sectors, which together account for over 70% of the index [4]. - The E Fund Value ETF (159263) and E Fund Free Cash Flow ETF (159222) track the aforementioned indices, providing investors with opportunities to capitalize on these investment styles [1].