The Case Study On The Delisting Of Taidahongli Global New Pattern

With the first public fund "Huitianfu 26 days debt base" delisted in 2014,19 funds had been delisting in 2015,even though Fund market delisting mechanism is not perfect.Which "TAIDAHONGLI Global New Pattern" the fund's winding up has a greater significance.September 2015,"TAIDAHONGLI Global New Pattern" announced the winding up,Which makes it become China's first loss of the initiative to withdraw from the fund,is the first loss of delisting QDII fund,the fund market and the impact of the QDII fund is bound to be far-reaching.More importantly,in the case of fund losses,the fund management company to take the initiative to withdraw from the market,will inevitably affect the interests of investors.So now in the fund delisting mechanism is not yet perfect at the same time,the protection of investor interests research is imminent.QDII is the first acronym for Qualified Domestic Institutional Investors.Refers to the capital in the capital is not redeemable,the capital market is not open conditions,set up in a country,approved by the relevant departments of the country.An institutional arrangement for the investment business.Foreign capital can flow through QFII to China,and China's securities investment capital can be out through the form of QDII.While for our investors to introduce a new investment channels and methods,so that China's investors can participate in the development of international capital markets.FOF is the abbreviation of Fund of Funds,the "fund in the fund." It is a fund for the investment object of the fund varieties,with fund product innovation and sales channel innovation characteristics.By grasping the opportunities for large-scale asset allocation,we have selected excellent funds to invest,and timely adjust and optimize the fund portfolio according to market volatility,and strive to achieve the goal of low risk and high yield.For nearly a decade,FOF funds in the overseas rapid development,has become one of the mainstream investment.In this paper,the "TAIDAHONGLI Global New Pattern" fund delisting as the main research case,the raised funds to withdraw the problem of a systematic analysis,especially QDII fund nested FOF fund loss delisting in order to put forward some of the investment Risk and improve the management of structured products and related strategies,which for the healthy and stable development of China's public funds,has a certain guiding significance.This paper first analyzes the present situation of China's public offering fund,especially QDII fund,and then analyzes the deep motivations behind the loss of TEDA Manulife's new pattern fund and its influence on the abyss of fund companies and industry.Mainly from the fund set unreasonable,delisting mechanism to be perfect,analysis of this type of fund a total of hidden dangers,fund companies management problems,whether these risks will bring a greater wave of delisting.And then to analyze the causes of these problems,and then propose solutions,mainly from the company management,QDII product settings,how to protect the interests of investors to discuss.