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What does QDll Fund mean?
QDII is the abbreviation of "qualified domestic institutional investor" which is approved by the relevant state departments and the capital market is closed. QDII funds follow overseas stock markets.

Theoretically, the investment ratio of fund QDII products can reach100%; Acronyms make the RMB exchange rate more balanced and create more foreign exchange demand. In the process of investment management. The direct purpose of establishing this system is for qualified domestic institutional investors.

Extended data

The starting point of fund QDII products is only 1000 RMB, thus reducing the trade surplus and capital account surplus &; Quot. The subscription threshold of QDII products in most banks is tens of thousands or even hundreds of thousands of RMB. Different from the past, similar products of banks mainly invested in a single market or structured products, and most of them were outsourced. It is controllable and professional, which is directly manifested as an institutional arrangement for domestic investors to directly participate in securities investment business such as overseas markets and bonds. In the case of further opening the capital account and not opening the capital market

Refer to Baidu Encyclopedia -QDII