Let's take a treasure as an example. Let's take a look at it most intuitively. Just choose a fund and open the fund fee to see the details, as well as the custody fee. This money is used to ensure that the money you bought from the fund will be kept safely. Custody fees are paid to fund custodians, that is, some common large commercial banks, such as China Bank, China Construction Bank and China Industrial and Commercial Bank. Fund companies can't touch money, but the bank I just mentioned left me money. China's supervision of the securities industry is very strict. Like banks, companies are licensed financial institutions. Moreover, each fund sales organization must also have a license, which means that if the country does not stamp you, you can't do this business openly. Therefore, in China, Public Offering of Fund has developed for 24 years, and none of them have closed down or run away.
First, you might say, what if you really go bankrupt?
If the fund company really goes bankrupt, according to the People's Republic of China (PRC) Securities Investment Fund Law, "the fund property is independent of the inherent property of the fund manager and fund custodian, and the fund manager and fund custodian may not classify the fund property into their inherent property". "If the fund manager or fund custodian conducts liquidation due to dissolution, cancellation or bankruptcy according to law, the fund property does not belong to its liquidation property. In any case, the money you buy the fund is your own, and neither the fund company nor the fund manager can use your money to pay off debts. Including the bank, are only kept and cannot be taken away. This is especially true for Alipay. It's just a sales platform and it won't affect your money at all.
Second, I also asked the fund manager to resign. Did my fund run away yesterday? Or the fund is liquidated, can the fund's money still be taken away?
It's normal for fund managers to leave their jobs, but who hasn't changed jobs yet? If you don't leave, the company won't change, and the company will definitely send someone else to take over your job. The same is true of fund managers. Before leaving the company, the company will find the next fund manager to do the handover work. Don't panic when you hear "capital settlement". It may not be what you understand. The liquidation of the fund does not mean that the fund company has swallowed your money. On the contrary, it means that when the fund product is too small to run, your money will be forcibly redeemed and returned to you. So after reading what I said above, everyone will understand that the fund is intrinsically safe.
Third, you must find a big platform to buy funds.
Not in Fu Bao or China Merchants Bank, I won't buy a fund from a strange platform, which can double the security of my fund investment. If you encounter an unsafe platform, that is another matter. As for another investment risk that everyone cares about, I can only say that if you want to pursue higher returns than deposits, funds are indeed a less risky investment method compared with stocks and futures, so don't say anything about speculating in coins, and don't touch them easily. However, the market is risky and investment needs to be cautious. Even funds are divided into high, medium and low risks. We should buy whatever funds we can afford, and don't exceed our affordability.
Let's talk about fund managers. We invest in the products that the fund manager is responsible for, so will the accident of the fund manager in charge of trading affect us? No. Like banks, fund companies are also financial institutions. They must apply for a business license, and their business process is strictly supervised. The regulator is the China Securities Regulatory Commission mentioned earlier. Most importantly, the fund manager cares about our money, but he doesn't touch it. According to the requirements of China Securities Regulatory Commission, this money is deposited into the designated bank special fund account, which is called the custody account. The fund manager can buy and sell all kinds of stocks with the money in his account, but he has no right to transfer the money to other accounts, whether it is enterprises or private enterprises, because there are custodian banks staring at him.
Similarly, fund managers can't touch money, and fund companies can't touch money. If the fund company goes bankrupt, it will have no impact on ordinary investors. Because the money is in the custodian bank, the fund company can't take it out. Besides, it is not easy to set up a Public Offering of Fund company. The registered capital is required to be at least 1 100 million yuan, with considerable work experience and perfect risk control. Only with these hard conditions can you apply for a permit to raise funds from the public. This license is of high value and cannot be bought with money. No one will upset the golden rice bowl just to eat, just to cheat a little money. In fact, 24 years have passed since the establishment of the first batch of Public Offering of Fund companies, and none of them went out of business or ran away.
Some people may be worried, so it is basically impossible for the custodian bank to have an accident. The premise of becoming a custodian bank is security. Common fund custody banks are the five largest banks that have established diplomatic relations among workers and peasants, and the probability of bankruptcy of these banks is zero. Of course, it is always right to invest cautiously. If you want your money to increase steadily, you must first choose a formal platform for investment, so as to ensure that the following processes are legal and compliant. The second is to choose professional trading fund managers to ensure that our income is maximized. Doing these two points is almost enough. As for whether the platform will close down, whether the fund company will close down and whether the fund manager will run away, that is not what we should worry about most.