The net value of the fund cannot be negative, because the stocks and bonds held in the hands are still worth a few dollars if they fall again. Theoretically, you can lose a hair or even less. As long as the total assets of the fund are not less than 50 million.

After the fund contract of an open-end fund comes into effect, if the number of fund share holders is less than 200 or the net asset value of the fund is less than 50 million yuan for 60 consecutive days, the fund manager shall report to the China Securities Regulatory Commission in time; If the above situation occurs for 20 consecutive working days, the fund manager shall explain the reasons and submit the solution to the China Securities Regulatory Commission. The fund manager has the right to announce the termination of the fund after the approval of the China Securities Regulatory Commission. The settlement price is generally 0.3 yuan. However, there is no provision for compulsory liquidation of funds, and only those who meet the requirements are required to report to the CSRC. The proposed solution is not necessarily liquidation, but can be solved through negotiation at the investor meeting.

Even if the liquidation conditions are met, it is not so easy. Because the conditions are extremely harsh, the road is long, and the brand image of fund companies is also very harmful. Therefore, as long as the fund company does not close down, it will not let its fund products be invited.