Southern crude oil A in Alipay is a QDII fund, which needs foreign exchange quota to buy. This is very different from the LOF of the southern crude oil bought in the stock account. LOF can be traded on the floor like a stock, and the funds will arrive in real time after the stock is sold. Alipay South Crude Oil A is purchased and redeemed in different places, and it takes several days for funds to arrive after redemption. Therefore, Alipay's southern crude oil is OTC funds.

The investment strategy of Southern Crude Oil Fund is to passively track crude oil prices by investing in overseas crude oil ETFs, so its trend is closely related to oil prices.