Morgan Nasdaq Fund Imposes Daily Limit of 100,000: How Long Will It Last?

Deep News12-08 18:53

Investors are questioning how long the new quota for Morgan's Nasdaq Fund will hold.

Morgan Fund unexpectedly announced additional QDII quota after today's market close. Starting December 9 (effectively December 8 at 3 PM), its Nasdaq 100 Index Fund will impose a daily subscription limit of 100,000 yuan for both A and C share classes, totaling 200,000 yuan per day.

Currently, Morgan's Nasdaq Fund offers a more generous quota compared to Southern Fund’s official platform, which recently reduced its daily Nasdaq subscription limit from 100,000 yuan to 20,000 yuan.

This information is for reference only and does not constitute investment advice. Investors should proceed at their own risk.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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