With the rise of oil prices, crude oil funds continue to dominate the QDII performance list, with the highest cumulative yield exceeding 77% this year. Industry analysts said that under the background of global industrial adjustment, epidemic mitigation and resumption of production, the logic that demand growth is expected to push up oil prices still exists and will continue to push up the performance of crude oil funds.

The outstanding performance of the crude oil fund this year is inseparable from the performance of international oil prices. First of all, the rise in oil prices is mainly driven by demand. First, since the beginning of this year, the epidemic has eased, economic activities in various countries have picked up, and global demand for crude oil has risen rapidly. Second, the global climate change has aggravated the expectation of the shortage of crude oil market. There is a shortage of energy in Europe and America, and strong demand has pushed the price of crude oil up rapidly. Secondly, under the loose monetary policy, a large amount of funds are actively looking for bulk assets to carry, and bulk commodities represented by crude oil have become an important carrier tool for global liquidity selection under the background of relatively insufficient supply. Finally, there is a new round of industrial adjustment in the world, and energy reform intensifies industrial mergers and acquisitions, which objectively becomes an important factor to promote the rise of crude oil prices.