国投瑞银推出白银LOF补偿方案：分层补偿 资金来源公司资产

Core Viewpoint - The event regarding the valuation adjustment of the Guotou Ruijin Silver LOF has reached a critical turning point, with the company announcing a compensation plan for affected individual investors [1][10]. Compensation Plan - The compensation plan applies to individual investors who redeemed based on the net value confirmed on February 2, 2026, including those who submitted redemption requests between January 30, 2026, 3 PM and February 2, 2026, 3 PM [3]. - The plan features a tiered compensation mechanism: - First tier: Individual investors with an impact amount below 1,000 yuan will receive full compensation based on the actual impact amount, with over 92.4% of affected investors falling into this category [4]. - Second tier: For those with an impact amount exceeding 1,000 yuan, compensation will consist of a base amount of 1,000 yuan plus a percentage of the amount exceeding 1,000 yuan [4]. - Compensation funds will come from the company's assets, specifically from risk reserves and proprietary funds, ensuring no impact on the independence of fund assets or the interests of other holders [5]. Technical Support and Processing - To facilitate the compensation process, the company has developed a dedicated mini-program in collaboration with Alipay, allowing eligible individual investors to complete identity verification and process claims online starting February 26, 2026 [5]. - The expected timeframe for compensation disbursement is approximately 10 working days, although the receipt date may vary depending on the bank used by the investor [6]. Background of the Incident - The incident was triggered by a significant drop in the international silver market, with COMEX silver futures experiencing a one-day decline of over 36% on January 30, 2026 [8][9]. - Following this, the company announced a valuation adjustment on February 2, 2026, leading to a drastic drop in the net asset value of the Guotou Ruijin Silver LOF from 3.2838 yuan to 2.2494 yuan, marking a record single-day decline of 31.5% [9]. Compliance and Responsibility - The company clarified that the compensation plan is not a denial of the valuation adjustment's legality but rather a proactive response to investor concerns regarding their experience [11]. - The adjustment was deemed compliant with the fund contract, which allows for valuation adjustments under special circumstances, and the announcement was made in accordance with industry practices [11].