The ranking of China Post Fund has experienced a "big reversal" in less than half a year. From the first place in the positive to the last place, China Post Fund is experiencing a process from peak to trough.
China Post Fund's aggressive style of high positions and high turnover has been able to grow rapidly in the bull market. It ignores risks and earns profit from the price difference by buying and selling stocks in the short term.
However, there is no support from company research reports in investment, and many operations that do not comply with the investment process have also become risk concerns.
During the reporting period, China Post Core Growth Fund's share net value growth rate was -44.96%; the weighted average net value profit margin was -56.15%; the current period's profit loss was 19.969 billion yuan; the current period's profit after deducting gains and losses from changes in fair value, the net value loss was 5.512 billion yuan
Yuan.
But I believe that the conditions for liquidation will not be met, so don’t worry.
Article 44 of the "Measures for the Operation and Management of Securities Investment Funds" promulgated in 2004 stipulates that 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 fund shares are held for 60 consecutive days
If the number of investors does not reach 100, the fund manager has the right to announce the termination of the fund after approval by the China Securities Regulatory Commission.
If the above situation occurs for 20 consecutive working days after the contract takes effect, the fund manager shall explain the reasons to the China Securities Regulatory Commission.
It can be seen from the regulations that the conditions for fund liquidation are relatively harsh.
First of all, funds have been widely recognized and accepted as financial products. The number of fund shareholders in China is currently very large. It is basically impossible for a fund to have less than 100 fund share holders for 60 consecutive days.
Secondly, although it is simply calculated based on the net value, due to the impact of splits or dividends, it is not ruled out that the total net asset value of some funds has approached or fallen below 50 million yuan.
Even if the size of a certain fund drops below 50 million yuan for a time, as long as this situation does not occur for 60 consecutive days, it will not meet the conditions for liquidation.
You can liquidate if one of the conditions is met.