How many single day net worth fluctuations may happen again nvidia geforce gt 740m

How many "single day net worth fluctuations" may happen again? Data source: public information Qunhang tab Zhou Jingyu drawing huge Wang Jianxin to return Xinfeng net C share plummeted 67.56% one-day event has been satisfactorily resolved. Yesterday, CCB fund pocket, net unit repair will be built as a share of C letter Xinfeng 1.04 yuan. I think, in the existing accounting system, in the calculation method, based on the existing net under the existing market specific market background, the current fund in some special customer structure background, will appear this kind of net causes huge loss of the holder left behind phenomenon. And the disposal of the trust fund is timely, appropriate, reasonable and reasonable, which is worthy of reference from other companies, especially the companies with similar situations. This event also shows that, as the market continues to innovate, there are many areas where we need to improve our business rules in order to protect the interests of both the redeemed and the left behind holders adequately and fairly. CCB Xinfeng returns flexible allocation fund was established in June 16, 2015. In 2015, the new fund issued a large amount, and how many funds similar to the existence of the fund? After excluding the stock funds, index funds, insurance funds, money market funds, bond funds (in fact, some of the channel custom class bond fund may also have risks in this regard), qualified domestic institutional investors (QDII) after the launch of the fund, the fund, the fund classification, with a floating charge mechanism, regular fund the open fund and other types of products, I set out the 66 relative return performance benchmark flexible configuration hybrid funds, using only 57 absolute return performance benchmark flexible configuration hybrid funds, I think, which is higher than the average size of the establishment of CCB Xinfeng return mixed, may have potential risks in one day the net value of the volatility, because these funds are likely to also channel customized products, offering shorter term or more likely. Now, we know that the fundamental reason for the huge fluctuations in the single day net worth lies in the huge redemption and the "four to five" entry in the fourth decimal places". Specifically, if it is a "house", will be left behind holders benefit; if it is "into", is the beneficiary benefit. The CCB Xinfeng return C share day net volatility, the reason lies in "". In the future, from the point of view of legal, compliance, compliance with fund contracts, and equitable protection of the interests of fund investors, can we do some pre guard against those potential risks of huge fluctuations in single day net worth? As far as the specific method is concerned, I think we can refer to the money market fund. Chinese Commission issued in December 18, 2015, February 1, 2016, the people’s Bank is responsible for the interpretation of the "Chinese money market fund supervision and management measures" provisions of article twelfth: "accounting for using the amortized cost method of money market funds, should adopt the means of risk control of shadow pricing, evaluate the fairness of the calculation of the amortized cost method of the net the fund’s assets. The negative deviation of the net asset value determined by shadow pricing and the net asset value calculated by the method of amortized cost

还有多少“单日净值巨幅波动”可能重来?   数据来源:公开信息 王群航 制表 周靖宇 制图   巨额赎回致建信鑫丰回报C份额的净值单日暴跌67.56%事件已得到圆满解决。昨日,建信基金自掏腰包,将建信鑫丰C份额的单位净值修复为1.04元。   我认为,在现有会计制度下、在现有净值计算方法下、在现有特定的基础市场行情背景下、在某些基金当前特殊的客户结构背景下,必然会出现这种净值计算原因导致留守持有人“巨亏”的现象。而建信基金的处置及时、得当,做法合理、合情,值得其他公司尤其是可能存在类似情况的公司借鉴、参考。这次事件也表明,随着市场的创新不断,我们在业务细则上还有许多需要完善的地方,以充分地、公平地保障赎回者和留守持有人的利益。   建信鑫丰回报灵活配置混合型基金成立于2015年6月16日。2015年,新基金发行量很大,还有多少与该基金类似的基金存在呢?在剔除了股票型基金、指数型基金、保本基金、货币市场基金、债券基金(其实,一些渠道定制类的债券基金也可能有这个方面的风险)、合格境内机构投资者(QDII)基金、发起式基金、分级基金、带有浮动收费机制的基金、定期开放基金等多种类型的产品之后,我罗列出了66只使用相对收益业绩比较基准的灵活配置混合型基金、57只使用绝对收益业绩比较基准的灵活配置混合型基金,我认为,其中户均成立规模高于建信鑫丰回报混合的,都可能有单日净值巨幅波动的潜在风险,因为这些基金都有可能也是渠道定制类产品,发行期限短的或更有可能。   现在,我们已知单日净值巨幅波动的根本原因在于“巨额赎回”和“小数点第四位上的四舍五入”。具体来看,如果是“舍”,将是留守持有人受益;如果是“入”,则是赎回者受益。此次建信鑫丰回报C份额单日净值巨幅波动,原因就在于“入”。未来,从合法、合规运作,遵守基金合同,公平地保护基金投资者利益的角度出发,我们是否可以对那些潜在的单日净值巨幅波动风险做一些事先的防范呢?至于具体的方法,我认为可以参照货币市场基金。   中国证监会2015年12月18日颁布、2016年2月1日起执行,中国人民银行负责解释的《货币市场基金监督管理办法》第十二条规定:“对于采用摊余成本法进行核算的货币市场基金,应当采用影子定价的风险控制手段,对摊余成本法计算的基金资产净值的公允性进行评估。当影子定价确定的基金资产净值与摊余成本法计算的基金资产净值的负偏离度绝对值达到0.25%时,基金管理人应当在5个交易日内将负偏离度绝对值调整到0.25%以内。”   受此启发,我推断,如果相关基金有单日净赎回量超过5%的情况出现时,其单日净值巨幅波动的风险就有可能会发生,届时,相关基金在计算净值的时候,不应该再是传统的小数点之后的第四位并四舍五入了,必须精确到小数点之后足够的位数,如9位、10位,从而保证赎回者和留守持有者双方利益的均衡。   未来,在一般情况下,大家通常还是按照老方法计算净值。当有较大净赎回情况发生时,则要用上述方法进行复核。如果与老方法计算的结构有较大误差,且超过一定的幅度,如10%,则应按照更为精确的方法计算,并及时进行信息披露。   另外,就基金单日净值巨幅波动发生的潜在风险来看,基金公司未来在发行新基金的时候,是否一定要发行渠道定制型产品?是否一定要发行那些内部同质化产品?是否一定要发行那些个别大客户持有集中度过高的产品?这些问题都值得行业思考。   (作者系济安金信科技有限公司副总经理、济安金信基金评价中心主任) 新浪声明:此消息系转载自新浪合作媒体,新浪网登载此文出于传递更多信息之目的,并不意味着赞同其观点或证实其描述。文章内容仅供参考,不构成投资建议。投资者据此操作,风险自担。 进入【新浪财经股吧】讨论相关的主题文章: