1, the scale is too small.
Money funds are usually open-end funds. 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 has not reached 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. In other words, because of poor management and small scale, the money fund can only be dissolved according to legal requirements, just like other funds.
2. The expected return is too low.
With the gradual decline of interest rates, the expected yield of bonds has declined, and the expected annualized yield of many money funds is only around, and the expected yield is too low. At a certain operating cost, fund companies as managers will face financing difficulties, high costs and even losses, so the liquidation of money funds is just around the corner.
3. New regulations on asset management
From July, 2065438 to July, 2009, the central bank promulgated new regulations on asset management, which strengthened the management of the liquidity and trading methods of money funds, making those already shaky money funds worse.
Coupled with the fierce competition in the existing money fund market, uncompetitive money funds can only be eliminated, and the survival of the fittest is also the law of the fund industry. The liquidation of the money fund usually does not lose the principal of our investment, but during the liquidation period, the expected income is not calculated. In a word, mastering more financial knowledge can help us to make better financial planning. Tips: Financial management is risky, and investment needs to be cautious.