1. What is the liquidation of the money fund?
According to the Measures for the Management and Operation of Securities Investment Funds, 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.
After the liquidation of the monetary fund is completed, the fund company will return the money to the investors according to the net value of the fund on the termination date, but it cannot be redeemed during the liquidation period, and all kinds of expected income generated from the liquidation will also be deducted from the fund assets.
Second, are the investors in liquidation miserable?
From the above introduction, we can know that the liquidation of the money fund is equivalent to compulsory redemption, and investors can get funds calculated according to the net value of the fund on the termination date. Even if it is possible to lose a certain expected income, there will be no loss.
Conclusion: Therefore, even if the money fund is liquidated, investors' funds will not suffer great losses. I would like to remind you that when choosing a monetary fund, you can choose a monetary fund that has been established for a long time and has a large scale. Although there is no guarantee that it will not be liquidated, at least the probability of liquidation of such money funds is even smaller.