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
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”
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
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
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
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.
Crude oil plummeted, and this fund plummeted 22% in a single day! Fund company shouted: Don't dig the bottom
The oil price war that began between Saudi Arabia and Russia made the 200,000 citizens of the Huabao Oil and Gas Fund cry without tears. Affected by the sharp drop in crude oil prices and the US stock market, the net worth of Huabao Oil and Gas Fund, the largest oil and gas fund in China, plummeted 22% in a single day, setting a new record for the biggest decline in a single day for equity non-leveraged funds. Currently, the fund's latest net worth is 0.19 yuan, and its net worth loss since this year has exceeded 50%. Currently, the market premium of Huabao Oil and Gas Fund may exceed 40%. The company has suspended off-market purchases. If it “scours” oil prices from on-market transactions, it will face a huge risk of loss. People from fund companies in Beijing, Shenzhen and other places
Crude oil prices plummeted, and Huabao oil and gas's net worth fell out of “floor prices”
Overseas oil markets have plummeted, and oil and gas funds have also fallen to floor prices. The price of crude oil, which is cheaper than mineral water, caused Huabao Oil and Gas, the largest product that tracks crude oil, to “lay back and forth”. In a single day, the net value of the fund fell to 0.19 yuan. Industry insiders suggest that investors should participate rationally in investment and pay attention to the risk of high volatility and high premiums. The net worth of Huabao Oil and Gas fell to 0.19 yuan. Data shows that as of the March 9 net value update, Huabao Oil and Gas Fund plummeted 22.2% in a single day, breaking the biggest decline in a single day for equity non-leveraged funds. Currently, the fund's latest net worth is 0.19 yuan. This is also the history of non-leveraged funds in the domestic fund industry
Crude oil and gold funds surged, and institutions were bullish on safe-haven assets in the long run
At the beginning of 2020, the US-Iran conflict escalated, the situation in the Middle East was turbulent, and crude oil and gold prices rose sharply. On January 6, the price of gold soared to around 1,588 US dollars, reaching its highest point since April 2013; the price of Brent crude oil rose 3.7%. Benefiting from this, crude oil and gold-themed funds rose collectively. Yesterday, Huaan's petroleum funds rose and fell; funds such as Guangfa Petroleum, China Southern Crude Oil, and Harvest Crude Oil all rose more than 7% yesterday. Gold ETFs also saw their biggest increase in a single day in the past three months. All four on-market gold ETFs rose more than 2%, leading the way for on-market funds. Gold owned by Cathay Pacific
嘉实原油(QDII-LOF)2019年1月21日暂停申购、赎回
躲过股债汇三杀的投资者 是怎么操作的?
QDII products collectively contribute to the performance of Castrol stocks and bonds.
Overseas markets have performed strongly so far this year, and QDII funds have made a lot of gains. According to the Galaxy Securities Fund Research Center, the average net worth growth rate of QDII equity funds so far this year was 10.96%. Among them, Castrol's global Internet fund dollar share ranked first among similar funds with a net growth rate of 26.43%. QDII bond funds have seen an average net worth growth of 2.6 per cent so far this year, with Castrol's emerging market bond category A1 ranking first among similar funds with a net growth rate of 3.93 per cent. The good performance of the peripheral market so far this year is QDII.