Group 1 - Multiple money market funds have recently announced purchase limits, with minimum limits as low as 10,000 yuan, and some funds have suspended sales through distribution channels [1][2] - The primary reason for these actions is to prevent arbitrage activities that dilute the returns for existing fund holders, despite recent regulatory efforts to standardize practices [1][2] - The average annualized yield for many money market funds has dropped below 1%, prompting fund companies to implement purchase limits to protect investor interests [1][3] Group 2 - The practice of limiting purchases has been observed repeatedly, with funds alternating between imposing and lifting these limits to block arbitrage funds from entering [2][3] - Regulatory bodies have issued guidelines to ensure timely settlement of purchase funds, aiming to enhance transparency and protect investors [3] - Despite the declining yields of money market funds, the total assets in these funds have increased, reaching 15.05 trillion yuan by the end of October, up by over 380 billion yuan since September [4]
拒绝“薅羊毛” 多只货币基金集体限购
Zhong Guo Zheng Quan Bao·2025-12-17 20:17