The GuoFeng S&P Oil & Natural Gas Exploration and Production Select Industry ETF (QDII) faces premium risk.

SadMoneyMeow · 2026-04-02T13:59:03+00:00

Fortune Fund Announcement states that its SPDR Oil & Gas ETF has recently traded at a significantly higher price than its net asset value in the secondary market, warning investors of the premium risk which could lead to substantial losses. If the premium persists, the fund may apply to the exchange for a temporary suspension to alert the market. The fund was established in November 2023, with the current manager being Ge Junyang, and a return since inception of 37.58%.

SadMoneyMeow

2026-04-02 13:59:03

Abstract generation in progress

On April 2, Fuguo Fund Management Co., Ltd. issued an announcement stating that recently, the company’s Fuguo S&P Oil and Gas Exploration and Production Select Industry Exchange-Traded Open-Ended Index Securities Investment Fund (QDII) (expanded short name: S&P Oil and Gas ETF Fuguo; product code: 513350) has traded in the secondary market at a transaction price that is clearly higher than the fund’s net asset value per unit reference (IOPV), resulting in a significant premium. Investors are hereby reminded to pay attention to the risk of a premium in secondary market trading prices. If investors invest blindly, they may suffer substantial losses.

If, on April 2, 2026, the fund’s premium amount in the secondary market trading price has not effectively fallen back, the fund is entitled to take measures such as applying to the Shanghai Stock Exchange for an intraday temporary trading suspension and extending the duration of the trading suspension, to warn the market of the risks.

It is understood that this fund type is an index fund—overseas equities. Its latest price is 1.3110 yuan. The fund was established on November 20, 2023. The fund manager is Fuguo Fund Management Co., Ltd., and the fund custodian is China Merchants Bank Co., Ltd. At present, the fund’s size is 592 million yuan (as of December 31, 2025).

Data as of December 31, 2025: The fund’s net stock allocation is 99.80%, with no net allocation to bonds. The cash allocation as a proportion of net assets is 0.19%.

The fund manager is Ge Junyang. He has accumulated 294 days of service, and has been serving as the fund manager since July 4, 2025. The tenure return is 37.58%. Currently, he manages 21 funds in total, with a total fund asset size of 9.627 billion yuan.

（责任编辑：郭健东）

     【免责声明】This article only represents the author’s personal views and is not related to Hexun. Hexun’s website provides no express or implied guarantees regarding the accuracy, reliability, or completeness of any statements, viewpoints, or judgments contained in the article. Readers are requested to use the information for reference only and bear all responsibility themselves. Email: news_center@staff.hexun.com

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.