Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Why do some funds have multiple fund agents and some have only one?
Why do some funds have multiple fund agents and some have only one?

if you just stop the subscription, you can redeem it. However, some of them have stopped subscription, redemption and fixed investment, so it will not work.

high liquidity is one of the characteristics of open-end funds, that is to say, during the business hours of any normal business day, when investors want to buy or sell open-end funds, fund management companies will sell them to you or redeem them from you. It is precisely because of this feature that you can safely invest your money in open-end funds without worrying that you can't sell the funds when you need them. However, we have to remind you that there are still some situations that may force the fund management company to suspend fund trading. In this case, your application for basic trading may be delayed for a few days.

From the above explanation, it should be seen that unlike ordinary vendors, fund management companies are not allowed to suspend fund trading at will, and it is extremely rare to suspend fund trading, such as natural disasters and so on. In these rare extreme situations, it is not safer to invest money elsewhere. In addition, when the trading of funds has to be suspended, the fund management company will let investors know the latest situation by way of announcement at any time. Therefore, like all other investors, you can react at the first time without worrying that some "special elements" know some inside information and harm your interests. Moreover, there is a clear time limit for fund management companies to suspend fund trading, and it is impossible to suspend it indefinitely or at will. Therefore, there is absolutely no need to worry because the fund may suspend trading. The right to buy and sell funds is very well protected by laws and regulations.

For the same reason, the CSRC also stipulates that a fund management company may not refuse to accept or suspend the application of a fund investor to sell the fund back to the fund management company unless the following circumstances occur: (1) Force majeure; (2) The stock exchange is abnormally closed during trading hours: (3) Investors sell funds back to fund management companies in huge amounts continuously due to market volatility or other reasons (we call this situation "huge redemption"), which leads to difficulties in cash payment of funds. Moreover, when one of the above circumstances occurs, the fund management company must immediately file with the China Securities Regulatory Commission on the same day. The fund management company shall pay the accepted application for fund realization in full; If it cannot be paid for the time being, the fund management company shall distribute it to the applicants according to the proportion of the accepted applications to the total accepted applications, but the rest must still be paid on the following working days. At the same time, in the case of continuous huge redemption, the payment can be postponed for the accepted application, but the longest payment time can not exceed 2 working days, and it must be announced in the designated media.

In order to truly protect the rights and interests of fund investors, the CSRC stipulates that fund management companies can suspend accepting customers' requests for purchasing funds only in the following extreme circumstances: (1) Force majeure such as natural disasters or wars; (2) the stock exchange is abnormally closed during trading hours; (3) The scale of fund assets is too large, which makes it impossible for fund management companies to find suitable investment varieties; (4) It may damage the interests of existing fund holders; (5) The technical support or personnel support of fund managers, fund custodians, fund sales agents and registrants is not sufficient. Moreover, if the fund management company suspends the customer's purchase requirements in case of necessity, it must return the corresponding purchase money to the customer in full.