Has the Monetary Fund been liquidated?
First of all, answer that the money fund will not be liquidated. The answer is: yes! Since 20 18, eight money funds have been liquidated. They are Founder Fubon Xinlibao, Jingshun Great Wall Trading Coin, Debon cash treasure, China-Europe Equal Coin, Debon Li Hong Coin, Anxin Margin Trading Coin, Western Profit-increasing Coin and Minsheng Plus Silver Profit-increasing Coin.
In addition to the liquidation of these eight money funds, there are many cargo bases below the liquidation red line. Take the liquidation of Minsheng Bank Canada as an example. The Fund was established in June 2065438+2006 with a principal of RMB 200 million. But two years later, the size of the fund was only 2 million yuan, far below the liquidation red line of 50 million yuan.
Currency capital settlement reason
Mainly because the size of the fund triggered the red line of liquidation. According to the Securities Investment Fund Law, if the net asset value of an open-end 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.
The consequences of currency capital settlement
When the money fund is liquidated, all the assets of the fund will be realized and then distributed to investors. This will generally not bring losses to investors, which is equivalent to forcibly selling this money fund. The expected income fluctuation of the money fund itself is relatively small, so early redemption has little impact on investors' funds.
The above is the relevant knowledge about the liquidation of the monetary fund. When choosing a money fund in the future, we must pay attention to the scale of the fund and avoid choosing a fund with liquidation risk.