Most QDII funds post gains Jan-Feb
Updated: 2014-03-05 19:26
(Xinhua)
|
|||||||||||
Out of the 99 QDII funds approved by China's regulators to invest overseas, 66 realized a positive return at the end of February.
Those funds mainly focusing on developed markets posted stronger gains than their peers in emerging markets, partly because most emerging economies have been facing problems such as economic restructuring, capital outflow and currency depreciation.
Analyzed by sector, QDII funds linked with real estate and gold investment led the gains, with Penghua Global Discovery (QDII-FOF) registering an increase of 9.78 percent in net asset value, followed by Lion Fund (QDII-FOF) and Harvest Fund (QDII-FOF-LOF) with an increase of 9.7 percent and 9.48 percent respectively.
Sinolink Securities said in its latest investment note that investors should scale down their exposure in emerging markets while turning more to funds focusing on sectors such as healthcare, consumer goods and the Nasdaq 100 index in mature markets.
The average rate of return for China's QDII funds reached 4.86 percent in 2013, with GF Fund (QDII) ranking as the most profitable fund by registering an increase of 43.43 percent in net asset value.
Read more:
|
|
Related Stories
Shanghai FDI up 10.5% 2014-02-26 15:42
Uncertainty over when ODI will overtake FDI 2014-02-24 07:34
Healthy growth in FDI sends strong vote of confidence 2014-02-19 07:00
FDI soars 2014-02-18 14:44
China's FDI inflow rises 16.11% in January 2014-02-18 10:36
Today's Top News
Li opens congress with strong first report
Putin: Force 'last resort' in Ukraine
Obama releases 2015 budget request
Peace quest spurs defense push
Kiev, Moscow start consultations over tensions
Attack prompts strengthened anti-terrorism legislation
Chinese market offers better times for the rich
Last 3 suspects caught in Kunming manhunt
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Course for reform charted |
Terror attack survivors recount nightmare |
Mandarin or dialect? |
Landing scare grounds homemade planes |
Scientists search for clear answers on smog |
Safeguarding China's sunken riches |