Who has higher expected annualized income, p2p financial management or fund? Which is better? 20 16 1 1 monthly list of expected annualized expected returns of wealth management funds.
Conditions for fund liquidation:
During the duration of the open-end fund contract, 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 being approved by the China Securities Regulatory Commission.
Impact of fund liquidation:
If it is a short-term financial fund such as a money fund, it has good liquidity and can be purchased and redeemed at any time. The expected annualized expected return is relatively stable. The liquidation of such funds will not have any impact on investors. And if it is a stock fund, but also because of long-term losses in performance and liquidation, then it is equivalent to high-level entry, low-level departure, can only be forced to cut meat. For closed-end funds, it is a good thing that the fund is liquidated at net value because of discount.
The depository and liquidation of wealth management funds can:
According to the first quarterly report of 20 16, the overall scale of short-term financing funds at the end of the first quarter was 4.41463 million yuan, but as of this week, the overall scale of short-term financing funds has dropped significantly to164601100 million yuan, a decrease of more than 60%.
Five years ago, short-term financial management funds were once regarded as substitutes for short-term financial management products of banks to connect with the market, and were once sought after by investors. Short-term financial management funds are suitable for short-term idle fund investors in banks. Some ordinary investors with strong short-term periodicity are not allowed to issue wealth management products within 1 month, while fund companies can provide short-term product choices similar to bank wealth management to make up for the gap in short-term wealth management products of banks. Due to the strong layout of Public Offering of Fund, some public offerings in the short-term wealth management market once obtained the initial scale of10 billion yuan. But now many short-term financial management funds have become the hardest hit areas for fund liquidation due to the small market scale.
The data shows that among the 92 short-term wealth management funds in the whole market, 46 have assets of less than 200 million yuan, accounting for 50% of the total; Among them, 25 funds are below the liquidation line of 50 million yuan, accounting for 27. 17% of the total. Up to the whole market * * *, 44 mini funds have chosen to liquidate one after another, of which 15 is a short-term wealth management fund, accounting for 34%.
From prosperity to decline, it reflects the changes in the market. At present, short-term financial management funds are relatively unattractive. Although the term is short, it is mostly 7 days, 14 days, 2 1 day, 30 days, two months or even a quarter, but the liquidity is not very good, unlike the money fund, which can apply for redemption at any time; On the other hand, there is no obvious advantage in the expected annualized expected return, and there is not much room for the expected annualized expected return of the money fund. It is better to buy an ordinary money fund directly. Therefore, it is inevitable that the acceptance of short-term financial management is not as good as that of money funds.