National Investment Silver LOF: Warning of premium risk for Class A shares and implementation of suspension of trading.
The announcement from Guotou Silver LOF states that recently, the secondary market trading price of Class A fund shares has been significantly higher than the net asset value of the fund shares, resulting in a substantial premium. The closing price on August 5 was 2.042 yuan, while the net asset value on August 4 was 1.5955 yuan. To protect the interests of investors, the fund will be suspended from trading starting from the market opening on August 6, with trading resuming at 10:30. During the suspension, redemption services will continue as usual. If the premium level does not effectively decline on August 6, the fund reserves the right to take further suspension measures.
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