E-Fund QDII approval
GUANGZHOU (Fund China) - Recently, the E-fund management obtained formally the QDII(qualified domestic institutional investor) approval from China Securities Regulatory Commission at the new year’s eve. And it is said that the E-fund management is preparing QDII variety actively for the the global investment.
Experts prdicted that the 2008 will be a colorful year for QDII varieties. The insurance QDII funds seem ready to appear at present. The first broker QDII variety has passed the examination and is about to issue. And the CBRC recently announced the investment scope of the banking QDII varieties will be expanded. As it can be seen, China capital is playing an important role in the global capital market.
Most institutions indicated that the A-share market will further differentiate in structure in 2008, investors can concern about the global asset allocation for the domestic investment systemic risk diversification. And investors can invest in the ovesea market via the QDII varieties and share the global economic development opportunities.
Copyright Fund China 2008.
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