Gold QDII invests in gold ETF products listed and traded overseas, but it cannot directly invest in overseas gold futures or spot products. Some gold QDII allocate some gold stocks for investment; Commodity QDII investment involves a variety of commodities such as oil and agricultural products. 20 13 After the implementation of the revised People's Republic of China (PRC) Securities Investment Fund Law, domestic public offering alternative investment funds began to appear. 20 13 domestic gold ETFs are listed intensively, mainly investing in gold products of Shanghai Gold Exchange and indirectly investing in physical gold.