If the fund company really goes bankrupt, the fund liquidation it manages does not meet the liquidation conditions, and the CSRC will coordinate other fund companies to merge or take over management; Liquidate the funds it manages (during the duration, the number of fund share 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 return the funds to the investor's bank account. Three characteristics of funds: mandatory custody, mandatory portfolio investment and mandatory information disclosure. The client assets are kept by the custodian bank and separated from the fund company's own assets, so even if the fund company goes bankrupt, the client assets will not be affected. In case the fund company goes bankrupt, the funds originally managed by him may not be liquidated. From the perspective of stabilizing the market, the management will appoint or bid for the management of other fund companies, just as other insurance companies will undertake the original policies after the bankruptcy of insurance companies. The most basic principle of trust is that trust assets are independent of the assets of the principal and the trustee, as long as the trust property is registered. China Securities Regulatory Commission stipulates that fund companies and fund managers only care about trading operations, and fund assets are only in banks, and special accounts are set up, which is called fund custody. Therefore, relatively speaking, fund assets only have the risk of loss caused by poor operation of experts, and there is basically no risk of theft.
Theoretically speaking, fund companies may go bankrupt, but they are all established by large domestic financial institutions (four major banks and securities companies) and will not go bankrupt easily. From a legal point of view, even if the fund management company goes bankrupt or even the custodian bank has an accident, the person who collects debts from it has no right to touch the assets of the investor's fund account, so the security of the fund assets is very guaranteed. In other words, even if the fund company goes bankrupt, investors' money will always be in the bank, and before the fund company is allowed to go bankrupt, a new institution will take over.