Because fund liquidation refers to realizing all fund assets and then distributing them to holders in proportion. Since then, the fund has disappeared. It can be seen that from the perspective of products, the liquidation of funds has liquidated the products, and the assets still exist, and the assets belong to the holders, not the fund company.

For example, if you buy the worst product, the maximum withdrawal rate is 87.6 1%. If the fund is liquidated, it will cause huge losses, basically losing your ankle. Even so, it has not completely disappeared. Of course, if it is not liquidated, the fund will rise back later.