What is the QDII
QDII is the Qualified Domestic Institutional Investor (qualified domestic institutional investor)’s initials, refers to the non-convertibility of RMB under capital accounts, capital markets were opened up under control to allow domestic institutions to invest outside a system arrangement. However, to the people QDII (qualified domestic institutional investor) can be achieved Valet offshore financial business, investors will be available yuan or US dollars directly to the banks, insurance companies, fund companies, and so they took to the foreign investment capital market.
QDII most important significance lies in broadening the domestic investors investment channels, which allow investors to truly achieve their assets in a global context configured in spreading risks while the full enjoyment of the global capital market results.
Tags:Global fund