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QDII 基金溢价高企 多家机构密集发布风险提示
Sou Hu Cai Jing· 2025-08-06 19:49
Group 1 - The QDII fund market has recently attracted attention due to premium issues, with multiple funds issuing risk warning announcements frequently, some exceeding 20 times in a single month [1][2] - On August 5, the Invesco Great Wall Nasdaq Technology ETF (QDII) issued a premium risk warning, stating that its secondary market trading price was significantly higher than the fund's reference net asset value, with a closing price of 1.81 yuan and a premium of 6.82% [2] - Other similar funds, such as Invesco Great Wall S&P Consumer ETF (QDII) and Guotai S&P 500 ETF (QDII), have issued 27 premium warnings since July, indicating almost daily alerts [2] Group 2 - QDII funds are investment products issued by domestic financial institutions that invest in overseas capital markets, providing a low-threshold global asset allocation channel for domestic investors [4] - As of the end of June, the number of domestic QDII funds reached 319, with a total scale of 683.773 billion yuan, an increase of 11.85% compared to the end of last year, marking a historical high [4] - The significant growth in net value of some QDII funds, such as the Invesco Great Wall Nasdaq Technology ETF with a year-to-date growth rate of 14.06%, has driven investor enthusiasm [4] Group 3 - In response to the high demand, several QDII funds have recently suspended subscriptions, such as the Guotai S&P 500 ETF, which paused subscriptions again on July 28, just one month after resuming [5] - The exchanges have strengthened supervision over abnormal trading behaviors of multiple premium funds, implementing measures such as focused monitoring and account trading suspensions [5] - It is suggested that investors participating in overseas investments through QDII should remain rational, especially as the US stock market is currently at a high level, which may lead to potential risks if future economic performance does not align with stock market trends [5]
溢价高企,QDII基金频发风险提示,有基金月发20余次警示
Group 1 - The Invesco Great Wall Nasdaq Technology ETF (QDII) has issued a premium risk warning for the 14th time since July, indicating that its secondary market trading price is significantly higher than its reference net asset value [1][3] - As of August 5, the closing price of the fund was 1.81 yuan, with a premium of 6.82% [3] - Similar premium issues have been observed across other QDII funds, with multiple funds issuing premium warnings almost daily since July [3][4] Group 2 - QDII funds are primarily investing in Hong Kong and US stocks, with the US market reaching historical highs and the Hong Kong market showing bullish trends, leading to increased investor enthusiasm for overseas investments [4] - The number of QDII funds in China reached 319 with a total scale of 683.77 billion yuan, marking an 11.85% increase from the previous year [4] - Due to overheated trading, several QDII funds have suspended subscriptions, and the exchanges are closely monitoring abnormal trading behaviors [4]