S&P Oil & Gas ETF Wells Fargo warns of secondary market premium risk
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Golden Ten Data reported on May 19 that Fullgoal Fund Management Co., Ltd. announced that its Fullgoal S&P Oil & Gas Exploration & Production Select Industry Exchange Traded Fund (QDII) (full name: S&P Oil & Gas ETF Fullgoal; product code: 513350) is currently trading in the secondary market at a price significantly higher than the fund's indicative optimized portfolio value (IOPV), resulting in a substantial premium. Investors are hereby reminded to pay attention to the premium risk of secondary market trading prices. If investors invest blindly, they may suffer significant losses.
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