Crude oil themed QDII funds have led the recent rise, and it will take time for them to recover their losses

Since November, international oil prices have bottomed out in stages, with a cumulative increase of more than 10%. Benefiting from this, crude oil themed Qualified Domestic Institutional Investors (QDII) funds have recently seen the highest gains. However, the huge losses caused by the oil price avalanche in April are difficult to recover in the short term. Industry insiders believe that, subject to multiple factors, the future trend rise in oil prices may lag behind the pace of economic recovery. Data showing that it will take time for crude oil themed QDII funds to fully recover their losses in November, international oil prices have bottomed out in stages, with a cumulative increase of more than 10% so far. Among them, NYMEX light crude oil futures start at 11

证券时报Nov 17, 2020 02:39

The premium rate of crude oil funds suspended intraday for 7 consecutive days plummeted

The premium rate of crude oil funds plummeted after being temporarily suspended for 1 hour during intraday trading for 7 consecutive trading days. According to the data, up to the latest closing price, the premium rates of four crude oil and commodity funds, including E-Fonda Crude Oil A RMB, China Southern Crude Oil A, Harvest Crude Oil, and Cathay Pacific Commodities, dropped sharply by more than 40 percentage points from the end of April. According to the highest decline of 57.5 percentage points, as of the close of trading on May 12, the average premium rate for the four crude oil and commodity funds, including E-FD RMB, China Southern Crude Oil A, and Harvest Crude, was 46.08%, down 41.6 from the average premium rate on April 28 before the implementation of the “1-hour intraday suspension”

证券时报May 13, 2020 04:20

The crude oil market has been bloodwashed; these oil and gas QDII have dropped miserably! The risk of high premiums for crude oil funds is still prominent, and “bottom-hunting” funds actually entered the market on a large scale

The crude oil market has been bloodwashed, and these oil and gas QDII have dropped miserably! Last week, the crude oil market was bloodwashed. WTI's May futures contract price fell all the way to -40 US dollars, a drop of more than 300%. Affected by this, domestic oil and gas QDII also suffered heavy losses. Among them, China's Thai commodities plummeted 22.17% on April 21, leaving only 0.1580 in net worth. This also set the previous net worth record of Huabao Oil and Gas 0.1663, making it currently the worst oil and gas QDII. According to Cathay Pacific Commodities Quarterly Report, the fund did not allocate various commodities in a balanced manner, but instead chose investment varieties related to heavy crude oil stocks

券商中国Apr 29, 2020 10:50

Oil and gas funds plummeted, and their scale doubled in the first quarter

Dragged down by a severe setback in international oil prices, oil and gas funds listed on the exchange plummeted across the board yesterday. At the same time, higher premium rates attracted investors to enter arbitrage, and the size of oil and gas QDII funds doubled in the first quarter. A number of fund managers said that oil prices will still fluctuate sharply in the short term, but they are not pessimistic about the long-term investment value of crude oil. Currently, it can be used as an investment point with better risk return. The on-market oil and gas fund fell sharply on April 22. The oil and gas fund led the decline of on-market funds, and Xincheng commodities fell to a standstill. According to the fund's quarterly report, its top heavy-duty fund is the US, the largest oil and gas traded open-ended index fund (ETF) in the US that tracks WTI

证券时报Apr 23, 2020 07:25

Crude oil prices plummeted, and the performance of oil and gas funds sparked controversy

Due to the impact of the epidemic, financial market fluctuations have increased, and investors are very sensitive. A recent report complaining about the performance of crude oil funds attracted attention, and the reason for everyone's controversy was that the net worth of crude oil funds clearly outperformed oil prices. On March 19, international oil prices soared after a sharp drop, but crude oil funds, which had been hit hard, were unable to fully enjoy this rebound. The increase in net worth was clearly less than the increase in oil prices. In fact, behind investors' questions is a lack of understanding or even misunderstanding of the operation of the QDII crude oil fund. The crude oil price benchmarks that the market usually targets are WTI crude oil and Brent crude oil. On March 19, the price increases of these two types reached 22%, respectively, and

证券时报Mar 24, 2020 03:00

Shares have surged, and many QDII funds have suspended their subscriptions

As the pandemic spread, global stock markets plummeted. US stocks have collapsed four times in a row, and the European market is now also frequently falling by more than 7% in a single day; the prices of crude oil and other assets have also plummeted, and a sense of panic has engulfed the capital market. The sharp decline in the market led to “smart” capital digging into the bottom. Due to the large number of bottom-takers and limited quotas, qualified domestic institutional investor (QDII) funds have announced restrictions on large purchases or suspended subscriptions, and some banks with crude oil trading accounts have also suspended some long transactions. Overseas ETF share surge data shows that as of March 20, the US Dow Jones Industrial Index, NASDAQ Index, and S&P 500 have declined 32 since this year.

证券时报Mar 23, 2020 04:20