Theoretically, there is a minimum market value of a fund. Below the minimum net value stipulated by laws and regulations, its market value is generally the lowest. If the net value is lower than the minimum net value for 60 days, the fund will be liquidated.

Under any of the following circumstances, the Fund will be terminated after being approved by the China Securities Regulatory Commission:

1. When the fund contract expires, it will not be extended;

2. During the duration, the number of fund holders is less than 65,438+000 for 60 consecutive working days, or the net asset value of the fund is less than 50 million yuan for 60 consecutive working days, and the fund manager announces the termination of the fund;

3. The fund holders' meeting voted to terminate the fund;

4. Due to major violations of laws and regulations, the Fund was ordered to terminate by the China Securities Regulatory Commission;

5. The fund manager cannot continue to be the fund manager due to dissolution, bankruptcy, cancellation and other reasons, and there is no other suitable fund management institution to undertake its rights and obligations within 6 months;

6. The fund custodian cannot continue to serve as the custodian of the fund due to dissolution, bankruptcy, cancellation and other reasons, and there is no other suitable fund custodian to undertake its rights and obligations within 6 months;

7. The merger and cancellation of funds due to the change of investment direction;

8. Other circumstances stipulated by laws and regulations or permitted by China Securities Regulatory Commission;

Of course, funds, like stocks, on the one hand are value investments, and on the other hand, they are speculative. There will always be risks in the market, and small probability events will happen, so it is still an old saying: the stock market is risky, so be cautious when entering the market!