QD Fund refers to QDII Fund (Qualified Domestic Institutional Investor), the Chinese name is Qualified Domestic Institutional Investor, which refers to stocks, bonds and other securities businesses established in a country and approved by the relevant departments of that country to engage in overseas securities markets.

securities investment funds.

It is a transitional institutional arrangement that allows domestic investors to invest in overseas securities markets to a limited extent when the currency has not been fully convertible and the capital account has not yet been opened.

The expected risk and expected return of QDII funds are medium to high securities investment funds, and their expected risk and return levels are lower than global stock funds and higher than bond funds and money market funds.

Extended information: Characteristics of QDII funds 1. Invest overseas and share the feast. China is only a part of the global market. While A-shares are rising, there are many countries and regions whose capital market investment returns are better than domestic ones.

Invest overseas, seek investment opportunities in the global market, and enjoy the economic growth in various regions of the world. In layman's terms, wherever there are good investment opportunities in the global market, the Southern Global Select Allocation Fund will invest there.

2. Allocate globally and avoid risks. A-shares have experienced two years of sharp rise, and the index has exceeded 5,000 points. Expectations of economic overheating and high overall market valuations may put pressure on the continued rise of A-shares and market fluctuations.

Risks are increasing.

Therefore, by properly allocating existing assets and participating in international investments, you can avoid single market risks and have the opportunity to obtain good investment returns.

3. Invest in multiple markets to avoid exchange rate risks. Many of the countries where the Southern Global Select Allocation Fund can invest have a higher appreciation rate than the RMB.

We simulated calculations based on a basket of portfolios constructed in these markets. Even if the prices of the purchased investments have not increased or decreased in three years, currency appreciation alone can bring more than 12% in returns, which is much higher than the appreciation of the RMB.