6月9日，财通基金公告，旗下财通福瑞混合LOF场内二级市场交易价格明显高于基金份额参考净值，出现 较大幅度溢价。 6月9日，该基金场内份额上涨8.11%，全天成交量为36万元，叠加上一个交易日10%的涨幅，两个交易日内该 基金上涨超过18%，当前溢价率高达19.04%。 LOF净值大起大落的核心因素是突出的流动性风险。据券商中国记者统计，截至6月9日，当前LOF产品整体份 额仅为405亿份，超百只基金场内流通份额不足1000万份，329只基金份额不足1亿份，甚至屡有LOF基金单日 场内成交金额不足1000元。 对于频繁出现的LOF基金折溢价行为，有公募观察人士认为，基金公司可以多管齐下，针对基金的不同情况择 优去选择和应对。比如，针对交易型产品出现不合理折溢价时进行风险提示；针对二级市场交易不活跃的LOF 可选择退市，这也是对投资者负责，为公司节省上市成本的合理选择；而针对规模过小、竞争力不足的老基金 通过清盘等方式处置，释放公司资源，也成为越来越多基金公司的选择。 行情方面，该基金在二级市场已经连续两日封住涨停，6月6日平开后被500多手的交易规模推至涨停，全天成 交额约为31万元，6月9日则再度涨超8%， ...

Core Viewpoint - The article highlights the increasing premium risk associated with QDII funds, driven by market volatility and speculative trading, urging investors to exercise caution to avoid significant losses [2][4][10]. Group 1: Premium Risk Alerts - Multiple QDII funds have issued frequent premium risk alerts, with 21 alerts in April alone and over 1660 alerts issued by fund companies in total this year [3][10]. - On May 13, both the S&P Consumer ETF and S&P 500 ETF experienced a trading halt due to their prices significantly exceeding their net asset values, prompting urgent risk warnings from fund companies [5][6]. Group 2: Market Dynamics - The surge in premium rates for cross-border ETFs and LOF funds has been notable, with some funds issuing daily alerts since early May [3][8]. - Factors contributing to the heightened premium include positive signals from US-China trade talks, short-term rebounds in overseas markets, and liquidity issues in certain ETFs [9]. Group 3: Specific Fund Examples - The S&P Consumer ETF and S&P 500 ETF recorded price increases of 10.04% and 10.01% respectively on May 13, with trading volumes reaching 30.15 billion and 36.49 billion yuan, and premium rates of 25.03% and 19.68% [6]. - Other funds, such as the Huashang Nasdaq ETF and Huabao New Opportunities LOF, have also reported significant premiums, prompting similar risk warnings from their respective fund companies [9].