According to the relevant laws and regulations of China Fund, 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 is less than 65,438+000 for 60 consecutive days, the fund manager has the right to announce the termination of the fund after approval by the China Securities Regulatory Commission.
If the long-term loss of performance is neglected, then the liquidation will definitely lose money. When the fund is liquidated, it shall be calculated according to the current net value. If it is a stock-based hybrid fund bought at a high level, it is equivalent to being forced to cut meat. In contrast, short-term financial funds such as money funds or Huitianfu generally have a net worth of more than one yuan, and if they are liquidated, they will not cause losses to investors.
Extended data:
Conditions for fund liquidation:
1. The number of fund share holders in the Fund is insufficient for 60 consecutive days 100.
2. For 60 consecutive days, the net asset value of the fund approached or fell below 50 million yuan.
3. China has a large number of citizens, and it is almost impossible for the number of fund share holders to fall below 100 for 60 consecutive days. If calculated according to the net value, some funds with small assets may have a total net asset value close to or below 50 million yuan due to the possibility of dividends or split during the period, but if this does not happen for 60 consecutive days, the fund will not be liquidated.
Baidu Encyclopedia-capital settlement