SOURCE / MARKETS
QDII investors to get first dividends
Published: Apr 09, 2009 04:58 PM Updated: May 25, 2011 12:44 PM

Local investors in the China Overseas Best Selection Fund will receive their first ever dividends as global stock markets begin to rebound.

Launched in June 2008 under the Qualified Domestic Institutional Investor (QDII) scheme, Fortis Haitong Investment Management Co said the fund will pay 0.2 yuan in cash dividends for every 10 units held.

The payment will be the first for a Chinese QDII since its launch in 2006 allowed Chinese money to be invested abroad.


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