元旦假期临近，超50只基金宣布即将“闭门谢客”

Core Viewpoint - The core purpose of certain funds suspending operations before the New Year holiday is to protect returns, control scale, and prevent arbitrage, urging individual investors to complete transactions before the last open date to avoid missing holiday returns [5] Group 1: Fund Operations - Over 50 funds have announced plans to suspend subscription, conversion, and regular investment operations before the New Year holiday [1][2] - The suspension of operations is concentrated around December 30 or 31, with resumption set for January 5, 2026 [2][3] - Specific funds, such as Huatai-PB and Tianzhi, have detailed their suspension periods and resumption dates for various sales channels [2][3] Group 2: Fund Types and Adjustments - The affected products include money market funds, bond funds, and interbank certificate index funds [1][2] - More than 20 funds have adjusted their large subscription limits during the holiday period, with some setting limits as low as 10,000 yuan and others up to 1 million yuan [3] Group 3: Rationale Behind Actions - Fund managers cite the need to protect the interests of fund shareholders and manage investment effectively as reasons for suspending operations and adjusting limits [3][4] - The actions are aimed at preventing arbitrage opportunities that could dilute existing shareholders' returns during the holiday period [4]