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Southern Fund released an announcement reminding investors to pay attention to the premium risk of secondary market trading prices for Southern Crude Oil LOF (501018).
On March 25th, Southern Fund Management Co., Ltd. announced that the secondary market trading price of its Southern Crude Oil Securities Investment Fund Class A shares (listed as Southern Crude Oil; Southern Crude Oil LOF, trading code: 501018) was significantly higher than the net asset value per share, resulting in a substantial premium. Investors are hereby warned to pay attention to the risk of premium in secondary market trading prices. Blindly investing in funds with high premium rates may lead to significant losses. If the premium in the secondary market trading price does not effectively decrease in the future, Southern Crude Oil LOF (501018) reserves the right to apply for intraday temporary suspension, extended suspension, or continuous suspension with the Shanghai Stock Exchange to alert the market of risks. The specific measures will be subject to announcements at that time.