Qdii funds refer to "domestic investment overseas" funds, which are called "qualified institutional investors". It refers to the financial instruments that China qualified institutional investors buy stocks, bonds and other assets in overseas financial markets. The emergence of such fund products makes it easier for domestic investors to participate in global investment and gain more investment opportunities and returns.

1.Characteristics of qdii funds As a special investment tool, QDII funds have the following remarkable characteristics:

Qdii funds are characterized by asset diversification. By purchasing overseas stocks, bonds and other assets, investors can spread their funds to various markets around the world, realize the global allocation of assets, reduce the impact of single market fluctuations on the portfolio, and reduce investment risks.

Qdii funds are characterized by abundant investment opportunities. Compared with the international market, there are relatively few types of investment in the domestic market, while the investment in the international market is more diversified, covering stocks, bonds, foreign exchange and other asset types. Investors can choose suitable investment varieties according to their own needs and get more investment opportunities.

Qdii funds have the characteristics of risk and return balance. The risks and benefits of overseas markets are often different from those of domestic markets. Investors can spread the risks in the domestic market to the global market by purchasing qdii funds. By investing in the global market, they can balance risks and benefits and improve the overall return on investment.

2.2.qdii funds generally operate in two ways: passive and active.

Passive qdii funds usually take the form of index funds, and assets such as stocks and bonds in the portfolio correspond to a specific index. The performance of the fund is similar to the selected index, and the goal is the rise and fall of the index.

For active qdii funds, fund managers choose suitable investment varieties to invest according to their own judgment and analysis, and pursue excess returns. Fund managers will adjust their portfolios in time according to changes in the market and seize opportunities flexibly.

3. Risks and concerns of QDII funds Although QDII funds provide more investment opportunities for domestic investors, there are also certain risks and concerns.

Market risk is what investors must face. The investment risks in overseas markets are different from those in domestic markets, so investors need to have certain risk identification and control capabilities to prevent investment losses.

Exchange rate risk is also a concern of investors. Qdii funds invest in overseas markets, and their returns are affected by exchange rates. If the local currency depreciates, it will have a certain negative impact on investors' income.

Policy risk and liquidity risk are also issues that investors need to pay attention to. Due to policy changes in different countries and fluctuations in the market environment, it may have an impact on the investment of qdii funds.

Qdii fund, as a new investment tool, provides domestic investors with broader investment channels and opportunities. When investors choose qdii funds, they need to make reasonable investment planning and risk control according to their own risk tolerance and investment objectives in order to achieve long-term and stable investment returns.