Another retirement FOF fund steps on the 'red line' of liquidation of scale

On June 18, Jiashi Fund announced that if the net asset value of Jiashi Retirement Target Date 2045 5-year Holding Period FOF is less than 200 million yuan by the end of June 25, 2024, it will trigger the termination of the fund contract. It was found that Jiashi Retirement Target Date 2045 5-year Holding Period Hybrid (FOF) may become the 5th retirement FOF fund to exit the market this year. Since 2024, 4 retirement FOF funds have been liquidated due to insufficient scale.