最低申赎额精确到分角 公募基金缘何自降入场门槛

Core Viewpoint - Tianhong Fund has announced a reduction in the minimum subscription and redemption thresholds for over fifty funds to 0.1 yuan, marking a shift from the "1 yuan era" to the "fractional era" in fund subscriptions, driven by customer acquisition needs, internet marketing, and pressure to avoid fund liquidation [1][2][4]. Group 1: Fund Threshold Adjustments - Tianhong Fund will lower the minimum subscription amount to 0.1 yuan and the minimum redemption amount to 0.1 shares for various fund types, including index funds, actively managed equity funds, QDII, and bond funds [2][4]. - Other fund companies, such as Taikang Fund and Huaren Yuanda Fund, have also reduced their minimum subscription thresholds, indicating a broader trend in the industry [4][5]. Group 2: Market Trends and Drivers - The trend of lowering fund thresholds is influenced by the increasing popularity of internet platforms for fund purchases, with many companies adapting to online sales styles [3][4]. - Fund companies are motivated by the need to attract new customers and meet the demand for small-scale investments, allowing investors to experience fund investments with minimal amounts [4][7]. Group 3: Strategic Considerations - Some fund companies may be lowering redemption and holding thresholds to retain customers and mitigate the risk of fund liquidation, especially for funds with low investor numbers [5][7]. - The adjustments in thresholds may also be a strategic move to ensure compliance with regulations regarding fund holder numbers and asset values, thereby avoiding forced liquidation [6][7].