Tian Hong Fund Management Co., Ltd. announced that from April 10, the personal trading account limit and one-day subscription limit of Tian Hong Yu 'ebao Money Market Fund will be cancelled. In other words, investors buying Tian Hong Yu 'ebao Monetary Fund will no longer be limited by the daily subscription amount of 20,000 yuan and the maximum personal holding amount of 6,543.8+10,000 yuan.

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In June 1 and August1of the same year, Tian Hong Fund Management announced again, and decided to adjust the upper limit of Yu 'ebao's personal trading account to 14 from August 17, and the existing stocks will not be affected. After adjustment, if the user's money in Yu 'ebao is less than 654.38+10,000 yuan, he can continue to transfer funds; If it reaches or exceeds 65438+ million, it cannot be transferred into funds. Before August of 14, if the money in Yu 'ebao has exceeded 654.38+10,000 yuan, you can continue to enjoy the benefits without transferring it out. On February 7, 20 17, Tian Hong Fund announced that the subscription amount of Yu 'ebao on a single day (natural day) was adjusted to 20,000 yuan, that is, the subscription application of investors' personal trading accounts accumulated more than 20,000 yuan on a single day was not accepted, and this measure was implemented from 0: 00 on February 8, 65438.

2.20 1 8 65438+1October 3 1 day, Tian Hong Fund announced that the daily total subscription amount of Yu 'ebao will be set from February1day, that is, when the actual subscription amount reaches the set amount, the subscription application will not be accepted on that day, and the daily subscription amount will be set according to the fund's subscription and redemption dynamics. In May of the same year, Yu 'ebao started the diversion mode again, and further reduced the pressure of excessive growth of a single fund of Tian Hong Fund by opening access to multiple money funds, thus reducing the risk of high concentration of a single money fund as a whole.

3. Some insiders believe that the cancellation of Yu 'ebao's purchase restriction indicates that Yu 'ebao has achieved remarkable scale control effect after several rounds of regulation. As a whole, this product reduces the risk of high concentration of single money fund, accumulates more management experience, and can ensure the stable operation of Yu 'ebao platform. According to the annual report data, by the end of 20 18, the total scale of Tian Hong Yu 'ebao was 1. 13 trillion yuan, a decrease of 447 1.58 trillion yuan compared with the end of 20 17.