这只网红白银基金估值调整为何遭质疑

Core Viewpoint - The article discusses the significant drop in the net value of the Guotai Asset Management Silver Futures LOF fund, which fell by 31.5% in a single day, leading to widespread investor dissatisfaction and financial losses [2][3][4]. Group 1: Fund Performance and Investor Reactions - The Guotai Asset Management Silver Futures LOF fund experienced a record single-day drop of 31.5%, from a net value of 3.2838 yuan to 2.2494 yuan, surpassing the 17% limit set by the Shanghai Futures Exchange for silver futures [3][4]. - Many investors, including those who attempted to redeem their shares to minimize losses, were caught off guard by the drastic decline, resulting in some owing money to platforms like JD Finance due to the way redemptions were processed [2][3]. - The fund's sudden drop led to a surge in complaints on consumer rights platforms, with nearly 200 complaints filed within three days, primarily concerning the lack of timely information and the perceived unfairness of the valuation adjustment [4]. Group 2: Valuation Adjustment Controversy - Guotai Asset Management adjusted the fund's valuation method to reflect international silver prices due to significant discrepancies with domestic prices, which was met with criticism for being a retrospective change that affected investor decisions made under previous rules [3][5][6]. - The fund's management stated that the adjustment was necessary to protect investor interests and comply with regulatory guidelines, which allow for valuation changes when prices deviate significantly from fair value [6]. - Critics argue that the timing of the announcement, made after trading hours, violated the principle of "law does not have retroactive effect," as it deprived investors of the opportunity to make informed decisions based on the new valuation [6].