Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Why are some funds open for many years and their net worth is less than 1 yuan?
Why are some funds open for many years and their net worth is less than 1 yuan?
Before 2009 1 1 month, the Shanghai Composite Index rose from 1820 to 3235, an increase of 77.75%. Most of the new funds established this year have made money, but there are also 15 new funds that are less than 1 yuan. WIND statistics show that 76 open-ended partial stock funds have been established this year (except E Fund 100 (1590 1) linked funds), and as of June 30th, there were 1 15 open-ended partial stock funds. The fund with the lowest net worth was established on August 3rd. The net worth of the fund on1October 30th was only 0.82 yuan, and the net worth of the other three funds was less than 0.97 yuan. It is worth noting that these 1 5 funds with a face value of less than1yuan happened to encounter two deep adjustments of the stock index during the year. Statistics show that six of the 15 funds were established in July and August, five were established in 9- 10, and the other four were established in 1 1. According to the analysis of fund industry insiders, most of the funds established from June to August this year fell below the par value when the market fell in August, but after more than two months of rising, the net value of some funds regained 1 yuan. However, these six funds were too radical and badly damaged at that time, so they still didn't return to face value. According to this person's analysis, the five funds established between September and June 5438+ 10 just happened to catch up with the adjustment of the stock index on June 24165438+1October 24, and the same is true. Of the five funds with a face value of over 10,000, two are index funds, two are linked funds, and 1 is a closed fund. In order to avoid tracking errors, index funds usually open positions in about 1 month. Based on this calculation, the opening of the position just caught up with the market adjustment. Among the other four funds established in June 165438+ 10, it is worth mentioning that the unit net value of a fund established in June124 +65438 was only 0.978 yuan, and the net value dropped by 2.2% in just six trading days, so the strategy of opening positions was more radical.