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China's largest public fund company - Tianhong Fund Friday announced that in order to maintain the balance of cash management tools in the basic positioning, from the fundamental interests of users, Tianhong balance of money money market funds on Saturday (27) from the personal transaction Account holdings limit to 250,000 copies, the existing stock is not affected; balance Po and other services are not affected.

Tianhong Fund website information display, the balance of the Internet is one of the pioneers of the Internet Monetary Fund, specifically for the payment of treasure custom, is still China's largest money fund, full name Tianhong balance of money market funds. The net asset value of the balance in the first quarter increased by more than RMB 300 billion, representing an increase of over 40%.

The company had previously canceled its balance in July 2015 to hold a single trading account with a fund share of less than one million shares.

Tianhong Fund last year to achieve net profit of 1.534 billion yuan, an increase of 36.3%; as of the end of the management of assets over the scale of more than 1.3 trillion yuan, up 21% over the previous year.


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