What is the relationship between E Fund and crude oil?
Crude oil fund is positively related to crude oil price. Yifangda crude oil mainly refers to Yifangda crude oil RMB. Under normal circumstances, most of the fund's assets will be invested in crude oil ETFs. The Fund only invests in stocks when ETFs and index funds that track crude oil prices or crude oil-related indexes lack investment varieties or liquidity. The lower the price of crude oil, whether it is holding crude oil or crude oil company shares, it will be unfavorable to the net value of the fund.
Before buying a crude oil fund, we need to understand the fundamental factors that affect crude oil prices: from the demand side, the output adjustment of net oil exporters has a very direct impact on oil prices; From the supply side, when the global economy continues to prosper, the demand for crude oil will increase as a whole, and vice versa.