May data "outperform" QFII funds are not "conspiracy dictates" who?.

<P>: Http:// News, May QFII outperformed domestic stock funds </ P> <P> Lipper Fund of China released the latest monthly report showed that perspective, access statistics, May 6 QFII funds in RMB .calculate the average total return of 11.29%, slightly higher than domestic stock funds. .On the other hand, QFII fund new assets was 57.6 billion U.S. dollars (not including advantages of DBS Bank China A Share Fund), and 4 months compared to 6.61 billion U.S. dollars, there has been shrinking for the first time in nearly two years. .The face of stock market fever, in May introduced a variety of measures to cool gradually. .5 A-share market at the end of early June a sharp quick correction, 5 trading days to reach the maximum adjustment of 22%. .Reasonable statistics, 8 Park company QFII fund in May with two fund Jing Shengou, six fund net redemptions. .Subscription and redemption as a result of a net outflow of capital of 9 billion U.S. dollars, compared with the previous two months out, significantly increased. .However, if the net iShare FTSE Xinhua A50 China Fund, a more than 800 million of net redemptions, the net redemption amount of the remaining fund is not large. .</ P> <P> QFII May unfounded conspiracy theory a net outflow of QFII $ 850,000,000 </ P> <P> market had once thought, QFII sing the air A shares for A shares down in order to make the dip positions. .Lipper Fund Market Statistics Monthly in May (the monthly) statistics, 5 月 8 net outflow of QFII funds about 8.5 billion U.S. dollars, assets in April from 66.1 billion dollars to 5.76 billion U.S. dollars, which is two years .the first reduction. .Monthly authors, research director Liang Zhou Li Bai Zhongguo basis that such conspiracy theories and unfounded. .Monthly statistics show eight QFII funds, respectively, 2 and 6 Jing Shengou and net redemptions, resulting in a net outflow of capital movements in about 9 billion U.S. dollars. .Excluding ETF listed on the HKEx fund iShare FTSE Xinhua A50 China Fund (hereinafter referred to A50 Fund) over 800 million U.S. dollars of net redemptions, the net redemption amount of the remaining fund is not large. .Liang Zhou said more than 50 foreign institutions have obtained QFII status, through the QFII investment in stock A number of foreign investors even more difficult to count. .Like many institutions with domestic, QFII has at any point to see more bearish view, but can not be unified perspective and action. .As experience with different ideas and perspectives, QFII's point of view may be different within some of the investors, which just provides a unique multi-angle look at the market supplement. .View of the QFII needs to be rational decisions rather than blind obedience, but not free to wear the hat of conspiracy theory. .Zhou Liang said. .According to Zhou Liang's observation, in the A shares plunge after, QFII operations are not consistent, while the route through the behavior of QFII foreign investors is more difficult to know, because it may have replaced people. .A50 end of the Fund's discount rate from 4 to 15% was significantly reduced to 7 June to 3.31%. .Liang Zhou believes that this is not due to re-fund investors began to buy, but mainly due to arbitrage mechanism to be effective. .A50 Fund's discount rate was 4 at the end of 15%, from May onwards began to actively participate in brokerage arbitrage trading, leading to reduced discount rate. .And no closed-end fund arbitrage mechanism Morgan Stanley China A Share Fund discount rate of 15% from the end of April to 7 June to expand to 21.2%. .Monthly view, which to some extent, foreign investors showed the expected outlook for A shares and did not change significantly. .Monthly statistics 6 QFII funds in RMB, the average total return of 11.29%, slightly higher than domestic stock funds. .However, the small statistical sample, said Zhou Liang, and does not reflect the overall earnings QFII. .</ P>.