The rising reminbi has caused the Bank of China (BOC) to discontinue a financial product that invests clients' funds overseas, the South China Morning Post reported. The fund was terminated after only five months, as the increasing value of the RMB had a diminishing effect on its returns. Ultimately, the size of the fund fell below the minimum requirement for 20 consecutive days, and BOC decided to pull the plug. Originally conceived as part of the Qualified Domestic Institutional Investor (QDII) scheme last year, the fund raised US$75.3 million at its launch but shrank to less than US$25.6 million by January 12. Its annualized return was no more than 1.3%.