E Fund Crude Oil Fund RMB-A logo

E Fund Crude Oil Fund RMB-A (161129)

Market Closed
12 Aug, 06:57
XSHE XSHE
¥
1. 75
-0
-0.114%
¥
- Market Cap
- Div Yield
31.24M Volume
¥ 1.75
Previous Close
Add Transaction
Day Range
1.75 1.76
Year Range
1.05 2.61
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Summary

161129 closed today lower at ¥1.75, a decrease of -0.114% from yesterday's close, completing a monthly increase of 21.5673% or ¥0.31. Over the past 12 months, 161129 stock gained 60.5311%.
161129 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

161129 Chart

E Fund Crude Oil Fund RMB-A (161129) FAQ

What is the stock price today?

The current price is ¥1.75.

On which exchange is it traded?

E Fund Crude Oil Fund RMB-A is listed on XSHE.

What is its stock symbol?

The ticker symbol is 161129.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has E Fund Crude Oil Fund RMB-A ever had a stock split?

No, there has never been a stock split.

E Fund Crude Oil Fund RMB-A Profile

XSHE Exchange
China Country

Overview

E Fund Crude Oil Fund RMB-A operates as an exchange-traded fund (ETF) with a focus on the crude oil market, aiming to provide investors with a means to gain exposure to the price fluctuations and trends within this sector. It is denominated in Chinese Yuan Renminbi (RMB), making it particularly attractive to those looking for currency diversification and investors interested in the Asian markets. By investing in a diverse range of oil-related assets, including futures and other derivatives, it strives to track the performance of crude oil without necessitating direct investment in physical commodities. Managed by E Fund Management, a leading asset manager in China, the fund plays a pivotal role for investors seeking efficient access to global oil markets, offering a strategic tool for portfolio diversification targeted at both individual and institutional investors interested in commodities and energy-related assets.

Products and Services

  • Crude Oil Exposure:

    The E Fund Crude Oil Fund RMB-A provides exposure to the crude oil market through a diversified portfolio of oil-related assets. This includes investments in futures contracts and other derivatives related to the oil industry, aiming to reflect the performance of crude oil prices. This allows investors to participate in the oil market's price movements without the need to invest directly in physical barrels of oil.

  • Portfolio Diversification:

    By incorporating the E Fund Crude Oil Fund RMB-A into their investment portfolio, investors can achieve greater diversification. This is particularly valuable for those looking to broaden their investment across different asset classes, including commodities like crude oil. Diversification is a key strategy for managing risk in an investment portfolio, and commodities can serve as a hedge against volatility in other markets, such as equities or bonds.

  • Currency Diversification:

    Denominated in Chinese Yuan Renminbi (RMB), the fund offers an additional layer of diversification for investors: currency diversification. This feature is particularly appealing to investors seeking to mitigate the risks associated with currency fluctuations, as well as those looking to increase their exposure to the Asian financial markets through investments denominated in local currency.

  • Access to Asian Markets:

    The fund's denomination in RMB and focus on the crude oil market provide unique access to the Asian markets for investors. This is especially relevant for those looking to engage with or expand their presence in these markets, offering an opportunity to capitalize on the economic and financial dynamics specific to the Asia-Pacific region.

Contact Information

Address: -
Phone: -