Hello, strictly speaking, no fund will be delisted, but it will be liquidated. For fund investment, there is no strict regulation on how much to liquidate, and fund liquidation will only be liquidated if multiple conditions are met.

1. 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 is less than 200 for 60 consecutive days, the fund will be liquidated and delisted.

2. If the responsibilities of the fund manager and the fund custodian are terminated, and there is no new fund manager or new fund custodian to undertake within 6 months, then the fund will also be liquidated and delisted.

3. If the net asset value of the fund initiated three years after the fund contract takes effect is less than 200 million yuan, the fund contract shall be terminated.

After the liquidation of the fund, the fund assets will be realized directly, and then the proceeds will be distributed to the fund investors. In fact, in actual investment, fund liquidation does not mean all the losses of the invested funds, and fund liquidation is equivalent to forcibly redeeming the fund shares into cash. In most cases, foundations notify investors in advance before liquidation.