As of March 16, 9:43 AM, free cash flow has dropped by 1.04%. In terms of individual stocks, CNOOC has risen over 1%, and GREE has also increased.
In the popular ETF sector, the free cash flow ETF E Fund (159222) currently has a transaction amount of 15.8846 million yuan, with a turnover rate of 0.87%. The E Fund free cash flow ETF has seen a net inflow for 7 consecutive days.
According to a research report from Caitong Securities, if the risks in the Strait of Hormuz continue to escalate and oil prices remain high, the re-inflation pressure in the U.S. may further increase, which will constrain the Federal Reserve's room for easing, thereby suppressing risk appetite and creating a phased impact on global liquidity and equity assets.
In the context of liquidity disturbances and pressure on risk appetite, it is advisable to adopt the &#34;HALOPLUS&#34; strategy in allocation—defensive HALO cash flow + offensive low crowding growth. On the defensive side, continue to focus on HALO trades, prioritizing allocations in sectors with high cash flow, heavy assets, high barriers to entry, and low correlation with TMT, to hedge against macro volatility.
The E Fund free cash flow ETF (159222) closely tracks the free cash flow index (980092.SZ), which reflects the price changes of listed companies on the Shanghai and Shenzhen North exchanges with high and stable free cash flow levels. Compared to similar indices, the national free cash flow index has stricter negative exclusion requirements, with a cumulative increase of over 240% in the past five years, surpassing similar indices. Since its listing, the E Fund free cash flow ETF has achieved an excess return of 6.1% compared to the index, ranking first among products during the same period, with a tracking error of 0.06%.
The current management fee rate for the E Fund free cash flow ETF (159222) is 0.15% (annually), the lowest level in the entire market for ETFs, with a custody fee rate of 0.05% (annually). The off-market linked funds are (024566, 024567).
Risk warning: Funds carry risks, and investment should be cautious

000651

600938

561760

563150

159222

563780

159309

159731

561360

The E Fund CNI Free Cash Flow ETF (159222) has seen net inflows for the seventh consecutive day on March 16, with a current transaction amount of 15.8846 million yuan and a turnover rate of 0.87%. Despite a 1.04% decline in free cash flow, individual stocks such as CNOOC and GREE have risen. Caitong Securities pointed out that if the risks in the Strait of Hormuz escalate, high oil prices will limit the Federal Reserve's room for easing, affecting global liquidity. It is recommended to adopt the "HALOPLUS" strategy, prioritizing allocation to high cash flow and heavy asset sectors. The management fee rate for this ETF is 0.15%, the lowest in the market

腾讯新闻 - 财经

GREE

CNOOC

Bosera CSI Oil & Gas Resources Index ETF

Yinhua CSI Oil & Gas Resources ETF

E Fund CNI Free Cash Flow ETF

Founder Fubon CSI All Share Free Cash Flow ETF

China Universal CSI Oil & Gas Resources ETF

ChinaAMC CSI Petrochemical Industry ETF

Guotai CSI Oil & Gas Industry ETF

Currently focusing on the "HALOPLUS" strategy, E Fund CNI Free Cash Flow ETF (159222) has seen a net inflow for 7 consecutive days