The crude oil fund will not fall to the point where it loses its principal. Because after the crude oil fund falls to a certain level, the fund may be liquidated. Moreover, crude oil funds are not leveraged, so even if they fall, they will not lose their principal. Many crude oil funds invest in crude oil-related listed companies rather than crude oil futures, so even if the stock falls, it generally will not fall to 0.
According to the relevant laws and regulations of China's funds, during the duration after the open-end fund contract takes effect, 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 does not reach 50 million yuan for 60 consecutive days, If the number reaches 200, the fund manager has the right to announce the termination of the fund after approval by the China Securities Regulatory Commission.