Like QFII, it is also a transitional institutional arrangement, allowing domestic investors to invest in overseas securities markets to a limited extent when the currency is not fully convertible and the capital account is not yet open.
According to the data of China Fund Industry Association, by the end of August 2065438+2009, the total assets of China Public Offering of Fund were 13.84 trillion yuan. In August, QDII funds and other types of funds expanded.
Extended data:
QDII fund features:
1, collective investment. It skillfully collects scattered funds and gives them to professional institutions to invest in various financial instruments in order to increase the value of assets. QDII funds have low requirements for the minimum investment, and investors can decide the purchase quantity according to their own economic ability. Some funds do not even limit the amount of investment, and calculate the income distribution completely according to the share.
2. spread risks. QDII funds can rely on their abundant funds to make scientific combinations within the investment scope stipulated by law and diversify their investments in various securities. With the help of huge funds and public ownership of many investors, the investment risk faced by each investor is reduced, and on the other hand, the complementarity between different investment objects is used to achieve the purpose of diversifying investment risks.
Baidu encyclopedia -QDII fund