What is the QDII and QFII
By Fund China
Published: June 27 10:48
From: http://www.fundcn.org
QDII is the Qualified domestic institutional inves tor of the first word acronym. It is a country established by the ratification by the relevant offshore securities market in the stock, bonds and other securities, a securities investment funds. QFII and the same, it is not the currency completely free convertibility of the capital account was not an open situation, limited to allowing domestic investors to invest in overseas securities market in a transitional arrangement.
QFII is the Qualified foreign institutional invest The first word or abbreviation. It is a country in the currency is not completely free convertibility of the capital account has not yet been open cases, limited to the introduction of foreign capital, open the capital market a transitional system. Such a system requires foreign investors to enter the market a country must meet certain conditions, get the authorities concerned for approval after the passage of a certain amount remitted to the foreign funds, and converted to the local currency, through strict monitoring of specialized accounts investing in the local stock market.
Copyright Fund China 2008.
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