No, liquidation is because you borrow money to speculate in stocks or futures, and then lose money after falling. After the value of your remaining stocks and futures approaches the amount you borrowed, securities companies and futures companies force you to sell your stocks and futures. If you use your own money to buy a fund, even if you lose money again, the money will be yours, only a part of it will be lost. Don't borrow money to speculate in stocks or funds.