What should I do if the new fund fails to raise?
Under normal circumstances, the new fund raising fails, and the fund manager bears the bonds and expenses arising from the fund raising behavior with the inherent property. Often, the money paid by investors will be refunded within 30 days after the fund raising period expires, and the interest expense of bank deposits will be calculated for investors in the same period.
Under normal circumstances, the fund raising period is calculated from the date when the fund shares are sold. Generally, the fund raising period will not exceed 3 months, but the actual fund raising period is subject to the announcement of the fund company.
In the investment of funds, there are two main situations in which fund raising fails. Open-end funds require a total share of not less than 200 million points, a raised amount of not less than 200 yuan, and no less than 200 holders; Closed-end funds are required to raise more than 80% of the total fund shares approved, with more than 200 fund share holders.