With the increase of investors' demand for overseas asset allocation, QDII products have attracted more and more attention from investors.However, due to the effects of jet lag and exchange rates, the redemption time of the QDII fund is longer than that of ordinary funds.The redemption can only be carried out in T+3, and the redeemed time is usually about 10-11 working days.In the event of holidays, the arrival time will be delayed.So is there a QDII fund that can be traded in real time in the field?
In fact, in addition to some countries, such as Britain and Vietnam can only invest in QDII funds outside the field, many overseas assets can also invest through varieties on the venue, such as ETF and LOF.Today we will take a look at the QDII fund that can invest in the field.
ETF and LOF
Everyone should be familiar with ETF, but many investors may not know much about the variety of LOF. Let's make a brief introduction here.
LOF, also known as listing open funds, is a fund that can be purchased or redeemed for fund shares outside the court, and can be traded on the exchange (on -site) like buying and selling stocks.
LOF is the only open fund that can convert to each other outside and on -site, that is, investors can buy LOF on the court, and then redeem outside the court; or purchase outside the court and then sell on the field.
Therefore, the same thing between LOF and ETF is obvious. Both are open funds. They can be purchased, redeemed, and can also be traded on the court.
LOF is essentially an open fund, which can be an active management fund or a passive management index fund.But ETF is a passive management index fund.
There are 113 QDII funds that can be purchased on the court, most of which are stock funds, and 9 other commodity funds, 1 bond funds and 1 other funds are invested in REITs in the United States.
Data source: Wind, as of 2024.05.17
There are only one QDII bond fund that can be traded on the court. The Barclays Capital US Comprehensive Bond Index is the benchmark.
In the figure, the fund is only listed and does not represent the fund recommendation.
The three funds are based on crude oil futures as the basis for comparison: the underlying assets of Yifangda crude oil, southern crude oil, and Castrol crude oil are ETFs of overseas crude oil futures, but their respective comparison benchmarks are different, resulting in some differences in performance.
In the figure, the fund is only listed and does not represent the fund recommendation.
Brent crude oil is named after the production of the North Sea North Sea in North Atlantic.It is a futures transaction of the London Intercontinental Exchange and the New York Commodity Exchange, which is a benchmark for market oil prices.
WTI crude oil is also our commonly known American crude oil, produced in the United States, and is regarded as a benchmark for Western Hemisphere crude oil.
The S & P Goldman Sachs Crude Oil Commodity Index is a high degree of fitting, that is, the trend of the monthly WTI futures contract, and it is also an internationally recognized crude oil index.
In the figure, the fund is only listed and does not represent the fund recommendation.
Three funds invest in gold, all linked to the price of London.
In the figure, the fund is only listed and does not represent the fund recommendation.
There are three other commodity funds, of which two funds are based on the rate of return on the total index of S & P Goldman Sachs.
The S & P-Goldman Sachs Commodity Index is the first "investment-available" commodity index. It is the largest amount of funds in the current international market and is widely considered to be a representative indicator for measuring the trend of commodities.The S & P-Goldman Sachs Product Index currently includes 6 kinds of energy products, 5 industrial metals, 8 types of agricultural products, 3 kinds of livestock products and 2 precious metals, a total of 24 varieties, ensuring the decentralization of index investment, providing a comprehensive and intuitive intuitive intuitionBig product Beta coefficient.
Cathay Pacific commodity is slightly different. Its performance comparison benchmark is the Cathay Pacific Commodity Configuration Index (Full Return Index).It is a index formulated by Cathay Fund Management Co., Ltd. and Deutsche Bank, which aims to reflect the overall performance of the commodity market.
The number of stock funds is the largest, and we can classify according to the country and region.
There is one fund in India:
In the figure, the fund is only listed and does not represent the fund recommendation.
Its performance comparison benchmark is CITIC Securities India ETP Index (CIS51001).This is an index that specializes in tracking Indian market funds globally. Its sample funds are mainly based on the United States, Germany, Britain, France, Switzerland, Singapore, Hong Kong, Hong Kong, Japan, etc.fund.
There is one fund in the Southeast Asian market:
In the figure, the fund is only listed and does not represent the fund recommendation.
The New Southern South South Asia Technology Index tracking India, Singapore, Indonesia, Thailand, Vietnam and Malaysia's top 30 major technology stocks.The index covers companies that are mainly engaged in technology -related industries, such as information technology, software and consulting, automobile manufacturing, electronic components and manufacturing, retail and media services.
There is one fund in the Southeast Asian market:
In the figure, the fund is only listed and does not represent the fund recommendation.
FTSE Asia -Pacific low -carbon selection index covers 11 Asia Pacific markets such as Japan, South Korea, Australia, India, India and Taiwan.Open.The top 20 major ingredients are excellent and representative leading companies around Asia -Pacific, such as South Korea's Samsung Electronics, TSMC in Taiwan, Toyota Motor in Japan, Alibaba in Mainland India, AIA Insurance in Hong Kong, India.(Individual stocks are only listed, which does not represent stock recommendations.)
There is a fund in the French market:
In the figure, the fund is only listed and does not represent the fund recommendation.
The CAC40 Index is the iconic stock index of the Paris Stock Exchange in France. It is listed as the three major European indexes with the German DAX Index and the British FTSE 100 Index.The French CAC40 index contains 40 most representative companies in the French market, covering many key industries such as finance, industry, consumer goods, medical care and technology.
There are 2 funds investing in the German market:
In the figure, the fund is only listed and does not represent the fund recommendation.
The German DAX index is an important stock index in Germany.From the German Exchange Group, the index contains 40 major German companies, which represents the performance of the largest 40 companies that have reached a certain strength and profitability on the Frankfurt Stock Exchange.
There are 5 funds investing in the Japanese market:
In the figure, the fund is only listed and does not represent the fund recommendation.
Except for a trace of the Dongzhi stock price index, the remaining four tracks are the 225 Index.
The Dongzhi Index is a total stock price index that reflects the market price of the Japanese stock market by the Tokyo Stock Exchange.The index is a sample listed on a listing of all stocks listed on the Tokyo Stock Exchange market to reflect the overall performance of the Securities of Dongzhi listed companies.
The 225 stock index of Nikkei is the 225 most representative, most active and most liquid market liquidity of the stocks listed on a listed stock listed on the Tokyo Stock Exchange.
Compared with the Dongzhi Index and the Nikkei 225 index, the Nikkei 225 index ingredients are mainly large -cap stocks with large market value, so they represent the large market blue chip stocks; and the East Cover Index is fully covered with all shares listed on the Japanese East Stock Exchange.More extensive.
There are the largest number of funds that follow the U.S. targetsJaipur Investment. In addition to the broad -foundation index funds such as the NATO and the S & P 500, there are other industry funds.
In the figure, the fund is only listed and does not represent the fund recommendation.
Industry Fund: Petroleum and Natural Gas
The crude oil funds introduced earlier are crude oil commodity futures, while the following funds invest in energy -related stocks.
In the figure, the fund is only listed and does not represent the fund recommendation.
Among them, Huabao Oil and Gas LOF, Oil and Gas ETF and S & P Oil and Gas ETF are tracked in the S & P oil and gas exploration and production selection industry index (SPSIOP) (except that there is a full revenue index and price index), focusing on the oil and natural gas listed in the United StatesExploration, mining and production are upstream.
We can compare the introduction of these major crude oil -related indexes:
We can see that except for the S & P Global Petroleum Index, the remaining stock selection scope of the remaining indexes is the US market.
The fund in the field provides a lot of convenience for us to trade and invest, but we must also pay attention to the risks.Although the market's attention has increased recently on the QDII fund, its scale is still a niche variety relative to non -cross -border products. Therefore, many ETFs will face liquidity risks. We must be careful when investing in investment.Delivery.In addition, it is similar to investing in domestic index funds, and it is necessary to pay attention to indicators such as tracking errors and management rates.At the same time, if the LOF Fund is an active management fund, its performance comparative benchmark may be different from the actual investment target, and it is necessary to further understand the direction of the underlying investment.
In addition, when buying a fund, you must be alert to the risk of premium.Previously, the premium rate of QDII funds exceeded 20%. If you enter the venue at this time, you must not only bear the fluctuation risk of the product, but also need to bear the risk of premium.
The configuration of the position is equally important.Overseas assets are suitable for allocating satellite assets in the investment portfolio, rather than putting all positions "ALL in" to overseas assets, so as to give full play to the risk of diversified risks and reduce fluctuations in global allocation.
Author: Liu Yuqi S22
1. Any expression of this material is only the personal point of view of the author, does not constitute an advertisement or sales recommendation, and is not a prediction of future performance.
2. The information in the text comes from the public information that the company considers it, but the company and their writers do not guarantee the accuracy and integrity of the information, and do not guarantee that the information contained in the information and suggestions will not change any changes.Items
3. We have strived to be objective and fair in content, but the views, conclusions, and suggestions in the text are for reference only. Specific funds, stocks and other securities in the article are used only for examples, and do not constitute investors in investment, law, accounting or taxation, etc.The final operation suggestions of the aspect;
4Udabur Investment. The information contained in this material does not represent any qualitative judgment, does not represent the actual income of the future operation of the product or the actual income that may be obtained.Material receivers should independently evaluate the information contained in this material, based on their own investment goals, needs, market opportunities, risks and other factors to make decisions and bear their own investment risks.Regardless of whether the material receiver makes investment decisions based on this material, CITIC Construction Investment does not provide any form of guarantee to the investment decision, nor shares investment income or sharing investment losses in any form.CITIC Construction Investment is not responsible for any direct or indirect losses produced by this material.
5. This material is owned by CITIC Construction Investment.Without the written permit of CITIC, any institution and/or individuals may not be forwarded, replicated, replicated, and published all the contents of this material.Once read this material, it is deemed to have agreed this clause
Article Address： http://pornsoldier.com/Stock/55.html
Article Source：Admin88
Notice：Please indicate the source of the article in the form of a link。
