Tenth time this month! Silver LOF issues premium announcement again, industry warns: be cautious about LOF arbitrage behavior

On December 18, Guotou UBS Silver Futures once again issued a premium risk warning announcement. As of December 18, the closing price of the fund's secondary market was 2.332 yuan, significantly higher than the net asset value of the fund. Since December, the fund has also issued nine related announcements in a row, triggering multiple trading suspensions. It is reported that there is a scarcity of LOF varieties for investing in silver domestically, and the redemption and subscription fluctuations of futures funds are often greater. Due to the high premium, the theoretical arbitrage space has attracted market attention. However, reporters have also learned from the industry that it is actually quite difficult for investors to conduct arbitrage trading by transferring off-market shares to on-market shares, and investors need to be cautious about this type of behavior.