Debut China money market RQFII fund to launch this month
EDWARD
The Renminbi Qualified Institutional Investor (RQFII) scheme will soon embrace another new member, as HFT Investment Management will launch its debut China money market RQFII fund later this month. The fund will focus on RMB-denominated short-term fixed income securities and money market instruments with an average tenor of 90 days and a maximum of 397 days.
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