What does QDII and QFII mean in a fund

qdii**。

It refers to the establishment in the territory of a country and the approval of the relevant departments of the country to engage in overseas markets.

**Investment**, bonds and other valuable businesses.

QFII** is the abbreviation of Qualified Foreign Institutional Investors. Qualified Foreign Institutional Investors (FIIs) under the QFII regime.

QFII) will be allowed to remit a certain amount of foreign exchange funds into local currency, through the strict supervision and management of the special account to invest in the local market, including dividends and bid-ask spreads, etc., various capital income, after review can be converted into foreign exchange remittance, in fact, is a limited opening of the domestic market to foreign capital.

1. QDII, is the acronym of "Qualified Domestic Institutional Investor", Qualified Domestic Institutional Investor, refers to an institutional arrangement established in a country under the condition that the RMB capital account is not convertible and the capital market is not opened, and with the approval of the relevant departments of the country, there is a controlled place that allows domestic institutions to invest in valuable investment business such as bonds in the overseas capital market.

2. QFII (Qualified Foreign Institutional Investor) is the English abbreviation of qualified foreign institutional investors, and the QFII mechanism refers to the qualification system for foreign professional investment institutions to invest in China. QFII is a transitional system for a country to introduce foreign capital and open up the capital market to a limited extent when the currency has not been fully convertible and the capital account has not yet been opened. This system requires that if foreign investors want to enter a country's ** market, they must meet certain conditions, remit a certain amount of foreign exchange funds after being approved by the relevant departments of the country, and convert them into local currencies, and invest in the local ** market through a strictly supervised special account.

Difference Between QDII and QFII:

1. Different definitions:

QDII: is an acronym for "Qualified Domestic Institutional Investor".

QFII: is the English abbreviation of Qualified Foreign Institutional Investors.

2. Different purposes:

QDII: The immediate purpose of establishing this system is to "further open the capital account to create more foreign exchange demand, make the RMB exchange rate more balanced and more market-oriented, and encourage more domestic enterprises to go abroad, thereby reducing the ** surplus and capital account surplus".

QFII: A transitional system in which a country has not achieved full convertibility of its currency and its capital account has not yet been opened, but has limited access to foreign capital and opened up its capital market.

3. Different object-oriented:

QDII: is an investor based in the local market.

QFII: It is for investors from other countries other than the home country.

1. The nature of investment is different.

QDII is the investment of domestic investors in the overseas capital market, while QFII is the investment of qualified foreign investors in China's domestic capital market, which is mainly related to the implementation of capital control in China.

2. The investment subjects are different.

QDII, or Qualified Domestic Institutional Investors, is an investment regime that corresponds to QFII (Qualified Foreign Institutional Investors).

3. The investment content is different.

QDII is issued in China and invested in capital, bond or foreign exchange markets outside China through legal channels.

The QFII system is a transitional system that introduces foreign capital to a limited extent and opens up the capital market, mainly in order to restrict and guide the entry of foreign capital to make it compatible with the economic development and market development of the country, control the impact of foreign capital on the independence of the domestic economy, curb the impact of overseas speculative capital on the domestic economy, promote the internationalization of the capital market, and promote the healthy development of the capital market.

To put it simply, QDII** is mainly invested in overseas markets (including Hong Kong stocks, US stocks, etc.). Since our renminbi is not yet fully in line with international standards, ordinary people who want to participate in overseas market investment can achieve it by investing in QDII**.

If the ** domestic investment in Xiangdou orange is compared to "soil**", then the ** that drifts across the ocean to foreign investment can be called "foreign**". And these "foreign **" have an official name, which is qdii**.

QDII, literally translated as "Qualified Domestic Institutional Investor".

In China, QDII is a kind of domestic bank or company that invests in overseas products, bonds and other products by raising funds. When an investor buys QDII**, he or she is indirectly investing in the offshore capital market.

QDII** refers to the investment ** established in a country and approved by the relevant departments of the country to engage in valuable business such as overseas markets and bonds. Like QFII, it is also a transitional institutional arrangement that allows domestic investors to invest in overseas ** markets on a limited basis when the currency is not fully convertible and the capital account has not yet been opened.

QDII, short for Qualified Domestic Institutional Investor, means "Qualified Domestic Institutional Investor".

QDII refers to the investment established in a country and approved by the relevant departments of the country to engage in valuable businesses such as overseas markets and bonds.

Our domestic QDII ** has been developed so far, and it has been 15 years.

In April 2006, the People's Bank of China, the China Banking Regulatory Commission and the State Administration of Foreign Exchange jointly issued the Interim Measures for the Administration of Overseas Wealth Management Business Carried out by Commercial Banks on behalf of Customers. So far, the official launch of China's QDII system has been announced. In June of the same year, the public offering ** obtained the QDII qualification.

On September 13, 2006, the first public offering QDII** "Huaan International Configuration" was officially issued. On November 2 of the same year, this QDII-hybrid** invested in overseas stocks and bond markets was officially established.

QDII is the abbreviation of English Qualified Domestic Institutional Investor, which means qualified domestic investor, QDII is established in the mainland of China, approved by the relevant departments, engaged in overseas markets, bonds, and other valuable business investment.

QDII products can be mainly divided into bank QDII and ** QDII, and the main differences are as follows:

1.In the past, banks could only invest in offshore fixed-income products, but according to the new regulations issued by the China Banking Regulatory Commission in May 2012, they can invest in overseas**, so the yield has increased significantly. Overall, it is a QDII with a medium risk and a medium return.

The subscription threshold is relatively high, generally more than 100,000 yuan;

2.** is QDII, the investment is not restricted, you can take 100% of the funds to invest overseas**, so its risk and return are much higher than the bank QDII. Due to the issuance in the form of **, its subscription threshold is much lower than that of the banking system, often starting at 1,000 yuan.

QDII: Qualified Domestic Institutional Investors

To put it simply, QDII is investing in overseas markets.

The current 4 QDIIs**: Southern Global Allocation, ChinaAMC Global Select, Harvest Overseas and the first QDII product of CIFM Morgan**, which began to be subscribed on October 15.

From the perspective of their sponsors, the asset scale of the four ** companies and the performance of their A-shares are in the forefront of the current domestic ** management industry. The slight difference is that Nanfang and Huaxia are the "old ten" management companies that issued ** products earlier in China, and the local color is relatively strong, while Harvest**, China Investment Morgan** and Huabao Xingye ** and Haifutong **, which will issue QDII products in the future, are all joint ventures, because the equity structure is relatively simple, so it more reflects the true nature of Sino-foreign joint ventures.

The QDII product of CIFM is the first domestic investment that clearly proposes to take the Asia-Pacific market as the target area for investment, which is lower than that of a single market but higher than that of a global allocation.

Through the selection of global markets such as the United States, Europe, Japan, Hong Kong, China and emerging markets, ChinaAMC Global Selection** selects the best companies in the industry with good growth potential and relatively undervalued value from an international perspective to invest, effectively diversifying the risk of A-share investment and sharing the benefits of global economic growth.

Southern Global Select Allocation** is an open-ended segment that can invest 100% in the global ** market, covering 48 major countries and regions around the world; We select the 10 most valuable markets for key investments in the world, and make flexible and dynamic adjustments according to changes in market conditions.

Harvest Overseas China **** directly positions its investment scope in overseas listed Chinese concept stocks. In addition to H-shares and red-chips listed in Hong Kong, it also includes N-shares listed in the United States and S-shares listed in Singapore.