Multiple fund companies limit purchases to as low as 1 yuan to cope with the high premium risk of LOF merchandise.

date
11/02/2026
International oil prices have recently fluctuated upwards, with a significant premium for onshore crude oil funds (LOF). Southern Fund has adjusted the purchase limit for its Southern Crude Oil LOF fund to 1 yuan today, almost "closing the door." Not only has the Southern Crude Oil LOF adopted a strict purchase limit model, but since the beginning of this year, Huaxia S&P Global Oil has a purchase limit of 2 yuan, Jiashi Crude Oil has a purchase limit of 5 yuan, GF Dow Jones US Oil and E Fund Crude have purchase limits of 10 yuan. The purchase limit is partly due to the shortage of QDII quotas for various institutions, but more importantly, it helps prevent excessive arbitrage funds from entering the market under high premium risks, thereby facilitating a return to rational prices in the market.