A number of monetary funds have recently issued purchase restriction notices. The purchase limit is only 10,000 yuan, and there are also products that have directly suspended purchasing through consignment channels. The reporter noticed that in the past two months, many funds have been intensively announcing purchase restrictions, liberalizing purchase restrictions, and then restricting purchases. According to information, the main purpose of this move is to prevent arbitrage funds from being “plundered”. Despite recent regulatory measures, related acts are still common. Against the backdrop of a collective decline in monetary fund yields and the annualized yield of many products falling below 1% on the 7th, arbitrage practices further diluted the earnings of fund investors, and fund companies adopted purchase restrictions to protect holders' interests.

A number of monetary funds have recently issued purchase restriction notices. The purchase limit is only 10,000 yuan, and there are also products that have directly suspended purchasing through consignment channels. The reporter noticed that in the past two months, many funds have been intensively announcing purchase restrictions, liberalizing purchase restrictions, and then restricting purchases. According to information, the main purpose of this move is to prevent arbitrage funds from being “plundered”. Despite recent regulatory measures, related acts are still common. Against the backdrop of a collective decline in monetary fund yields and the annualized yield of many products falling below 1% on the 7th, arbitrage practices further diluted the earnings of fund investors, and fund companies adopted purchase restrictions to protect holders' interests.