What is the Shanghai-Hong Kong-Shenzhen Fund?
Shanghai-Hong Kong-Shenzhen Fund invests in Hong Kong stocks through the channel of Hong Kong Stock Connect, and the trading rules are consistent with those of ordinary A-share funds. Compared with QDII funds, the transaction efficiency is greatly improved, and some channels can realize T+ 1 redemption, which is much faster than T+7-9 of traditional QDII funds. Simply put, the Shanghai-Hong Kong-Shenzhen Fund is a fund that can invest in the Shanghai and Shenzhen stock markets and the Hong Kong stock market.
Advantages of Shanghai-Hong Kong-Shenzhen Fund:
Shanghai-Hong Kong-Shenzhen Fund is a fund that can invest in the mainland stock market, namely A shares and Hong Kong stocks, through specific channels. Compared with the previous QDII fund, it has an advantage: it can directly use the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect channel to invest in Hong Kong stocks, without occupying QDII quota, with fewer restrictions and more convenience than before. Moreover, the redemption time is shorter than QDII funds, and the use of funds is more efficient.
Which is better, Shanghai-Hong Kong-Shenzhen Fund?