In E Fund's view, "to establish a new business operation mode, relevant systems and internal and external coordination, we need old employees who are familiar with the company's operation mechanism and have greater awareness of risk control and business sensitivity." Liu Xiaoyan pointed out that the operation of the company depends on the strength of the platform and team. When Xiao Jian was transferred to manage open-end funds, it did not affect the performance of closed-end funds under E Fund.
The following is a report of public information.
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Xiao Jian, the star fund manager, no longer serves as the strategic fund manager of E Fund.
For the loyal supporters of E Fund and its No.2 holder, Xiao Jian, the news of Xiao Jian's transfer has affected their overall fund investment plan. Whether to redeem became the first important choice she faced in 2008.
On February 28th, 2007, 65438+, E Fund announced the replacement of six fund managers in succession, which attracted considerable attention from the industry. Its fund managers have changed so much, mainly to prepare special accounts for financial management. In the same period, eight fund companies, including Harvest and Nanfang, were approved to carry out special account wealth management business. Xiao Jian, the company's star fund manager, will be responsible for the company's wealth management business. Since June 65438+ 10/day, 2008, the fund can conduct special account financing. At the end of 2007, fund companies entered the final stage of preparing financial accounts. However, E Fund will transfer star fund managers to special accounts for financial management, which makes many investors worry that once this method is widely used, Public Offering of Fund's high-quality resources will gradually flow to special accounts for financial management, and the interests of Public Offering of Fund holders will be virtually deprived.
Fund companies are eager for special account financing because the income from special account financing is more considerable.
Open-end funds charge a management fee of 1.5%. 654.38+00 billion yuan of open-end funds brought 654.38+05 billion yuan of profits to fund companies. According to the regulations, the financial commission of the special account is below 20%. Assuming that it is raised to 20%, the special account financing only needs 750 million, and the management fee can be 65.438+0.5 billion. Assuming that it is raised to 15%, there will be1500,000 management fee income only by managing the special account of1000 million yuan. In other words, the income of special account financing is about 10 times that of open-end funds. This is the biggest attraction and the biggest danger of special account financing. Under the temptation of huge interests, will any company take risks? Before and after the substitution, the performance was unstable. Two months before the news of Xiao Jian's transfer was released, they found that the performance of E Fund Strategy and E Fund Strategy No.2 was abnormal. During the plunge that began in mid-June 2007 at 5438+ 10, the two funds were basically in a state of no resistance when they fell and no upward momentum when they rebounded. They didn't understand why until the news of Xiao Jian's transfer was announced. Lack of confidence in the new fund manager is also an important reason to consider redemption.