E Fund Crude Oil: Reminder of Premium Risk in Secondary Market Trading
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Golden Ten Data reported on March 8 that E Fund Management announced that its E Fund Crude Oil Securities Investment Fund (QDII) A-class RMB shares are trading at a significantly higher price in the secondary market compared to the fund's net asset value. On March 4, the fund's net asset value per share was 1.3525 yuan, while the closing price as of March 6 was 1.568 yuan. Investors are reminded to pay attention to the premium risk, as blindly buying at a high premium may result in losses. If the premium does not effectively decrease, the fund may apply for an intraday temporary suspension and other risk warnings. The announcement also stated that the fund is operating normally and there is no undisclosed material information that should be disclosed.
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