QDII基金交易火热 部分产品限购

Core Viewpoint - Multiple fund managers have issued warnings regarding the premium risk of QDII funds, indicating that over 20 funds may be trading at a premium in the secondary market, despite strong performance in the year, with over 90% of these funds achieving positive returns [1][2]. Group 1: Premium Risk Warnings - On November 25, several fund management companies, including Huaxia, GF, and others, released announcements about the potential premium risk associated with their QDII funds, affecting more than 20 products [2]. - The premium risk is attributed to factors such as supply-demand imbalance, failure of arbitrage mechanisms, and short-term speculation driven by the "T+0" trading system [3]. Group 2: Performance of QDII Funds - As of November 21, 92.16% of the 689 QDII funds recorded positive returns for the year, with the highest performing fund, Huaxia Hong Kong Advantage Selected Mixed QDII, achieving a return of 122.7% [4]. - A total of 52 QDII funds have reported returns exceeding 50% for the year, indicating strong overall performance in the sector [4]. Group 3: Fund Subscription Restrictions - As of November 25, 165 QDII funds have suspended subscriptions or limited large subscriptions to protect the interests of existing fund holders, with some funds imposing strict limits on subscription amounts [5][6]. - The tightening of QDII quotas has contributed to these restrictions, with only one increase in quotas occurring in June, resulting in a total QDII investment quota of $1708.69 billion as of the end of October [6].