QFII China Fund Suffered Net Redemption

The latest statistics show that the share of the QFII China fund has continued to decline.

But at the same time, fund managers continue the established high position strategy.

According to the latest report of Li Bo's latest fund perspective report, as at the end of 4, the initial value of the total assets of the 24 QFII China A share funds at the end of 4 at the end of 4 was 4.75% lower than the final value revised after March, and the final size was about $9 billion 865 million.

Among them, the vast majority of QFII China A share funds had a net redemption, which to a certain extent reflected the conservative attitude of QFII investors outside the sea.

Hongkong listed iShare Xinhua Fushi A50 China fund showed a small net purchase, which seems to indicate that the attitude of overseas funds has not cooled completely, especially in Hongkong and other places.

However, the above cooling may also be constrained by the performance of investment performance and investment style.

According to the 18 QFII China A share funds that have been released accurate data, the overall average performance of the fund in April dropped by 7.91%, which at the same time lowered the overall performance of the QFII China fund to 13.47% this year.

Judging from short-term performance, QFII China A share fund is significantly larger than domestic equity funds.

Among them, the passive tracking management index QFII fund last month, the average performance was particularly low, to - 8.

The average return of active management QFII funds is - 7.

In addition, the performance of passive and active QFII funds has been - - 1.

The above performance also shows that the QFII active fund has maintained its previous style, Takakura I.

Considering that China's A share funds are significantly biased toward the leading stocks, the sharp fall in their performance shows that the QFII China fund still maintains a clear high position strategy.

Correspondingly, the issuance of QDII public offering fund has maintained a positive trend this year. At present, Yi Fang Da Asian select and investment global resources and China's tannasq 100 have completed the fundraising, followed by the selection of UBS emerging market, Changsheng global prosperity, ICBC Credit Suisse ball selection, huitianfu Asian Australian mature market and so on, and a number of QDII funds have been concentrated on the issue, showing positive expansion momentum.