The termination conditions of general fund contracts are:
(1) The Fund is terminated by a vote of the holders' meeting;
(2) Due to major violations of laws and regulations, the fund was ordered to terminate by the China Securities Regulatory Commission;
(3) The responsibilities of the fund manager and the fund custodian are terminated, and no new fund manager or fund custodian will undertake it within six months.
(4) Other circumstances stipulated in the fund contract.
Some foundations have regulations:
During the duration of (1), if the number of share holders of the Fund fails to reach 100/200 for 60 consecutive working days, or the net asset value of the Japanese fund is less than RMB 50 million for 60 consecutive working days, the fund manager will announce the termination of the Fund;
However, different types of funds have different regulations. You can see in detail how the fund contract you bought is stipulated.
Although the market is falling now, you don't have to worry about falling to nothing.
Fund investment is a portfolio investment, not all stocks, but also bonds, and there are not less than 5% cash or government bonds with a maturity of less than one year. Now the market decline is also a normal adjustment, so don't worry too much.