The liquidation of monetary funds is the same as the liquidation of other types of funds!

Article 44 of the "Measures for the Operation and Management of Securities Investment Funds" promulgated in 2004 stipulates that during the duration after the open-end fund contract takes effect, if the net asset value of the fund is less than 50 million yuan for 60 consecutive days, or the fund shares are held for 60 consecutive days

If the number of investors does not reach 100, the fund manager has the right to announce the termination of the fund after approval by the China Securities Regulatory Commission.

If the above situation occurs for 20 consecutive working days after the contract takes effect, the fund manager shall explain the reasons to the China Securities Regulatory Commission.

It can be seen from the regulations that the conditions for fund liquidation are relatively harsh.

First of all, funds have been widely recognized and accepted as financial products. The number of fund shareholders in China is currently very large. It is basically impossible for a fund to have less than 100 fund share holders for 60 consecutive days.

Secondly, although it is simply calculated based on the net value, due to the impact of splits or dividends, it is not ruled out that the total net asset value of some funds has approached or fallen below 50 million yuan.

Even if the size of a certain fund drops below 50 million yuan for a time, as long as this situation does not occur for 60 consecutive days, it will not meet the conditions for liquidation.

You can liquidate if one of the conditions is met.