This is definitely a very bad behavior for fund companies, which affects their own significance. Like many fund companies, they also began to speculate on their fund managers to make their fund products more famous. Moreover, 1 1 a Public Offering of Fund company has started to purchase 200 million yuan from itself, which is actually telling the citizens to believe in the future development of the fund market. Sell at will, because funds are long-term products, not short-term products like stocks. In the long run, the annual income of the fund is actually very considerable, but many people don't have such endurance and can't help but sell when they fall sharply. Although they can charge a little fee for the fund company, it is certainly not more cost-effective to hold it for a long time. Therefore, the self-purchase behavior of fund companies is actually a very smart behavior, which can calm the confidence of the people in this form. It is to make them believe that fund companies trust star fund managers and funds they know, so as to buy more of their fund products.
Therefore, in my opinion, the fund companies began to buy their own funds in order to enhance the confidence of the people and let them not sell their funds wantonly. Because a large number of fund users have started the redemption tide, which is definitely not good for fund companies, so they will take this form to let us do lying behavior. In other words, let us trust their fund companies and their fund managers, which will definitely bring us benefits. Just look at it from a more objective point of view. Trust others rather than yourself.