Shangzhengzhengda bond fund single-day net asset value big pump35%

Jinshi data news on March 18th, yesterday, a newly established secondary debt base under Shangzheng Fund experienced a big pump in net value, which is the third consecutive trading day with significant fluctuations in net value for the fund. The reason behind this may be the inclusion of redemption fees into the fund’s assets after a large redemption. In fact, with the adjustment of the bond market, fund companies have recently issued a series of announcements to improve the accuracy of the net asset value of their funds, many of which are bond-based. The reporter also noted that in the previous two trading days, the net asset value of the fund had already shown abnormal performance. On March 13th and March 14th, the net asset value of Shangzheng Zhongda Bond Class A units both rose by more than 20% in a single day. It is pointed out in the industry that adjusting the accuracy of the fund’s net asset value due to large redemptions is an important measure taken by the fund manager to balance the interests of redeeming customers and existing holders. The main purpose is to reduce net asset value errors caused by rounding rules and avoid unfair impact on remaining investors, which has now become a standardized operation in the industry.