国投白银LOF调整估值遭万人投诉！国投瑞银：已成立工作组

Core Viewpoint - Guotou Ruijin Fund Management Co., Ltd. has faced significant investor concern following a drastic valuation adjustment of its Guotou Ruijin Silver Futures Securities Investment Fund (LOF), leading to a substantial drop in the fund's net asset value [2][3] Group 1: Fund Valuation and Adjustments - On February 2, the net asset value of the A-class shares of the fund plummeted from 3.2838 yuan to 2.2494 yuan, marking a single-day decline of 31.5%, which is a record drop for public funds [2] - The drastic fluctuation in net value was attributed to a change in the fund's valuation method, which was implemented to reflect the significant price volatility in the international silver market [3] - The fund's management has established a working group to address investor concerns and facilitate resolutions through mediation and arbitration [2] Group 2: Market Impact and Fund Performance - Following the valuation adjustment, the Guotou Silver LOF experienced five consecutive trading days of limit-down, with a market capitalization of 11.287 billion yuan as of the latest closing [3] - The fund is the only LOF in China primarily investing in silver futures, focusing on contracts from the Shanghai Futures Exchange [3] - The price of physical silver has shown high volatility, with a peak of over 121 USD/ounce on January 29, followed by a decline to 75.48 USD/ounce by February 6, reflecting a nearly 6.46% increase on that day [4]