The Bank of East Asia last week launched the first in the Mainland direct purchase of overseas funds QDII products, Mainland investors to expand investment channels. Bank of East Asia, said that if the market is working well and reflect, in the follow-up QDII products, the introduction of a wider range of overseas funds.

It is understood that as the mainland’s first direct purchase of overseas funds QDII products, Bank of East Asia sixth QDII products “Fund” for a series, Bank of East Asia will be launched in Hong Kong fund “package” to financial products in the form of sales. Bank of East Asia said it was the first time since fiscal try to sell products in the form of overseas funds, the choice of profession fund, easy to control risk and cost, distribution of profits is also relatively easy. With the business on the mainland continues to grow, Bank of East Asia will also introduce a wider range of overseas funds, then direct purchase of QDII overseas funds will be more abundant species.

Bank of East Asia (China), the investment professionals said, although it will continue to expand the types of overseas funds, but in the early stages, some brands will choose the old, stable income funds, it is hard to disclose the specific varieties, but according to the local market demand, global economic trends, the selection of the most suitable products subject.

It is also added that with direct investment than stocks, overseas funds into the stock market more stable, the latter has a perfect system and professional operations. In addition, the overseas market funds compared with domestic funds, which continues to exist a long time and having some experience the ups and downs of the economic cycle. history will prove fund performance management capabilities.

Copyright Fund China 2009.

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