First of all, let's look at the bankruptcy of fund companies. Theoretically, it is possible for a fund company to go bankrupt, but in practice, it is even less likely than a bank. In the past few decades, banks have closed down several times, but fund companies have not closed down, because from the operational point of view, fund companies will not generate any liabilities. The main income of the fund company's public offering comes from the fund management fee. Whether the fund makes money or loses money, the management fee is the same.
Let's look at the question of whether the fund we bought can be redeemed.
We should know that these assets managed by fund companies do not belong to fund companies and will not be placed in fund companies, but are managed by special custodian banks, which will supervise the managed funds and fund companies cannot misappropriate these assets without permission.
To say the least, even if the fund company goes bankrupt, the fund company has no right to dispose of these assets of investors. The fund you bought can still be redeemed, and the bankruptcy of the fund company will not bring financial losses to investors.
The above situation is limited to public fund companies. If it is a private equity fund, it may not be so lucky. Public Offering of Fund and private equity funds are also very different in operation. Every year, so many private equity companies lose contact.