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How much liquidation is there in Public Offering of Fund?
According to the relevant laws and regulations of China Fund, if the net asset value of the fund is less than 50 million yuan for 60 consecutive days, or the number of fund share holders is less than 200 for 60 consecutive days, the fund manager has the right to announce the termination of the fund after being approved by the China Securities Regulatory Commission.

Therefore, it is uncertain how much the fund will be liquidated. Generally speaking, the probability of liquidation in Public Offering of Fund is still very low. After all, the scale of public offering is relatively large and there are many holders.

Current situation of public offering of funds:

With the development of China's fund industry in 14, the market share of funds increased step by step: the first stage was 1998 to 2000, because the market variety was limited to closed-end funds, the fund scale was very small, and the fund shares in three years were 10 billion, 50 billion and 6 10 billion respectively. The second stage is 2006540.

The third stage was in 2002-2003, and the fund scale grew rapidly, and the expansion scale reached its peak in 2003. Its market size of 654.38+063.3 billion has more than doubled compared with 2002. From 2004 to 20051October 20th, the scale of fund issuance fluctuated and developed due to market adjustment and other factors. There are 54 closed-end funds and 159 open-end funds in China fund market, with a fund share of 320 billion. From 2005 to 2007, the net value of the fund soared to 3.2 trillion. Since 2007, due to the stock market downturn, the net value of the fund has dropped to about 2 trillion.

According to the quarterly report of April 23rd, 20 13, at least six Public Offering of Fund companies held stock index futures contracts at the end of March 20th13. Among them, Cathay Pacific Capital Protection Mixed Fund holds 207 IF 1304 contracts alone, with a market value exceeding1550,000 yuan, which hedges over 70% of the market value of its ending stocks. This means that domestic funds began to bid farewell to the historical pattern of tinkering around the edges in the field of stock index futures, and gradually merged with the strategy of "multi-holding+dynamic stock index futures hedging" adopted by large overseas asset management companies. Following the diversification and instrumental innovation of wealth management products in recent years, the innovation and grafting hedging strategy of active equity funds may explore a new investment path with absolute returns.

By the end of August 2009, the total assets of China Public Offering of Fund were 13.84 trillion yuan. After an increase of nearly 260 billion yuan in July, the total size of Public Offering of Fund increased by more than 100 billion yuan in August. In addition to monetary funds, various funds such as equity funds, hybrid funds and QDII funds all expanded in August. Among them, bond funds grew the most, increasing by nearly 100 billion yuan in August.