fund liquidation, fund company closure or suspension of operation, investor restrictions, etc.

1. fund liquidation: fund liquidation means that the fund will no longer operate or can no longer invest. This is the poor performance of the fund, the redemption of investors or the decision of the fund company to closed fund.

2. fund company's closure or suspension of operation: fund company's closure or suspension of operation for various reasons, financial problems, changes in management team or requirements of industry regulators.

3. Investor restrictions: Investors are restricted from buying certain types of funds or funds of specific companies.