Core Viewpoint - Recent price fluctuations in mini LOF (Listed Open-Ended Fund) products have raised concerns, with institutions warning about premium risks due to their small scale, which can lead to significant price volatility with minimal capital involvement [1][2]. Group 1: Price Movements and Warnings - Several LOF products have experienced significant price increases, with the Rongtong CSI Artificial Intelligence Theme Index Fund rising by 9.68% on August 27 and hitting the daily limit on August 28 [2]. - On August 29, Rongtong Fund issued a notice indicating that the trading price of its A-class fund shares was significantly higher than the net asset value, prompting a warning about potential premium risks for investors [2]. - The Longxin Lizhong Bond Fund also saw a price surge of 9.75% on August 27, followed by a drop of over 5% on August 28, leading to urgent warnings from the fund company regarding premium risks [2]. Group 2: Market Dynamics and Risks - The low trading volume of these funds means that small amounts of capital can significantly influence prices, as evidenced by the Longxin Lizhong Bond Fund's trading volume of only 145,600 yuan on August 27 [3]. - Industry insiders describe the situation as a "musical chairs" game, where short-term price spikes attract investors, but the underlying liquidity issues pose substantial risks for those who follow the trend [4]. - Many LOF products have lost liquidity, with over a hundred products having daily trading volumes below 100,000 yuan, and some even below 10,000 yuan, indicating a need for fund companies to promptly warn about risks and consider delisting illiquid products [4].
LOF产品现异动 机构提示风险
Shang Hai Zheng Quan Bao·2025-08-31 14:15