Xibu Lide holds the FOF early warning liquidation for three months.
On May 8, Western Profit Fund announced that holding FOF for three months in the Quarter Hong fund may trigger the termination of the fund contract. The effective date of the fund contract is May 17, 2022, and the effective date of three years will be May 17, 2025. If the trigger for the termination of the "Fund Contract" occurs by the end of May 17, the fund manager will automatically terminate the "Fund Contract" and fulfill the fund property liquidation procedures as agreed, without the need to convene a meeting of fund shareholders. The Quarter Hong fund is an initiate fund managed by Ji Chengxiang and Liu Muling. As of the end of the first quarter of this year, the size of the fund is less than 20 million yuan, and the A shares of the fund have lost nearly 15% since its inception.
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