The Road to Rebirth Finance

Chapter 338 "Employee Stock Ownership Plans"

Junshi No. [-] is facing the end of the closed period, and will be converted into an open-end fund after that, accepting investors' normal subscription and redemption. Gu Junhao has no plan to liquidate the second fund, but it will be dealt with accordingly. The current net value is too large It is not conducive to the growth of the fund.

However, private equity funds are still different from public equity funds. Unlike public equity funds, even open-ended private equity funds have certain requirements for investors' subscription and redemption.

In principle, open-end private equity funds open the subscription and redemption of fund shares at most once a month, while most public equity funds do not have this requirement, except for some special circumstances.

For example, from the end of 2019 to the beginning of 2021 when the fund was the hottest in the previous life, some retail investors even started T operations in the fund. There are also some big Vs who are fooling people on the Internet. Enter the daily operation in the fund to obtain traffic.

This kind of thing is impossible in private equity funds. In most cases, they can easily spend more than one million yuan to invest in a private equity fund. These customers are more mature than those retail investors who only have tens of thousands of yuan in their hands. So little.

There are also some rich second-generation rich families like Qin Junkai. The investment fund may be out of fashion or face, and they don't care so much about the amount of around one million yuan, and they are not happy to let them operate frequently.

After this week's trading, Gu Junhao is ready to start the ex-rights of Junshi No. [-]. After the ex-rights, there will be a wave of redemption. This is natural, so there will be some changes in the position.

This is also one of the reasons why Gu Junhao has not opened a new position since he liquidated Tonghuashun and Tellus shares. However, if there is a redemption, there will be a subscription. As for the subscription of new investors, Gu Junhao is not going to make the threshold so low this time.

New investors must meet the purchase limit of more than 500 million yuan, instead of the previous limit of 100 million, 200 million, and 500 million yuan, which can better screen investors.

It is also possible to keep out the loss-making customers who appeared on Junshi No. [-], and not allow them to get in the car every time. This is an unfair treatment for new customers.

For these small bosses, it is not difficult to get together the purchase funds of 100 million yuan and 200 million yuan, even if they have lost the income in Junshi No. 500, but the limit of [-] million yuan is a bit difficult. Difficulty.

However, if they really get together, then Gu Junhao will admit it, and he will never follow the money. The more you give, the higher the income of Junshi Capital will be.

On Tuesday, November 11, the two cities continued to adjust along the 3-day line, but the decline narrowed. Wuliangye, which fell sharply yesterday, fell 20% today, and Longji shares, which were affected by the dive in the market yesterday, closed today. Up 0.54%, the stock price returned above 1.61 yuan, at 12 yuan.

Today, Maotai Liquor continued to dive back to explore the daily line near the 10-day line. The stock price closed at 209.71 yuan, down 1.34% within the day.

Based on today’s closing price, the current market value of 4 Maotai Liquor held by Junshi No. 8.4 is close to [-] million yuan, and changes in positions can only be realized through Maotai Liquor.

Currently, the cash on the Junshi No. 20.06 account is 50 billion yuan, accounting for almost half of the current net worth. According to Junshi No. [-]’s [-]% sharing regulations and the way management fees are charged, it is actually enough to pay for redemption It's wet.

It's unlikely that all the clients of Junshi No. [-] will redeem it, at least their share will not be redeemed. Gu Junhao believes that there are also some customers who have no idea of ​​redeeming.

Some of the customers who realized after the liquidation of Junshi No. [-] are a lesson from the past.

"Mr. Gu, after the No. [-] fund is open for subscription, can we also buy part of it?" After the after-hours meeting, Wu Peng asked Gu Junhao.

"Huh? Are you interested? Of course you are welcome, but after this opening, I plan to raise the fund purchase limit to 500 million yuan."

Facing Wu Peng's question, Gu Junhao was a little surprised; as a fund company, it naturally encourages employees to buy its own company's products.

However, Junshi Capital’s employees are relatively young, and most of them do not have the financial resources to spend more than 100 million yuan. Like Xu Jianqing, before joining the company, they were all moonlighters, let alone investing in the company’s products.

This is also the reason why Gu Junhao didn't promote it in the company. It is enough for young people to live, so where is the money to buy funds.

"Ah? I can't afford 500 million. If it's 100 million, 200 million is about the same." Wu Peng said in surprise.

As a demolition household, the salary is good. It is not a problem to spend part of the assets to invest in financial management, but 500 million yuan is a bit much.

The reason why I brought it up is because I have seen the stability of the fund's net value since I joined the job, which is faster than my own tossing in the stock market. In addition, now that I have entered a technical bear market, buying stocks by myself is still not clinging to Mr. Gu's thigh.

In fact, Cao Wenxun asked his family to buy stocks in private, Wu Peng couldn't have been completely unaware, even Gu Junhao could roughly guess it, but everyone just pretended not to know.

There are no industry regulations, and it’s not easy for you to judge people’s fortunes. The reason why Wu Peng didn’t do that was because he didn’t think it was necessary. But this time Junshi No. [-] is open for subscription. Naturally, if you have an opportunity, you can’t let it go. It’s better than putting it in the bank to eat interest.

"500 million is so much? But yes, according to your current reputation, Boss, I think 500 million is a bit small, and 1000 million should be enough." Liu Tingting said in surprise.

Then he smiled at Wu Peng: "Brother Peng, you are really rich, you can take out 200 million yuan, you are worthy of being demolished."

"What are you in a hurry for? It will be your turn sooner or later. Beicang is developing so fast now." Wu Peng also continued.

Cao Wenxun looked at Wu Peng and listened to his relaxed tone, but he was quite envious of him. He was more angry than others, and he secretly bought some stocks to relieve the pressure of life. This guy took 200 million yuan easily.

After thinking for a while, Gu Junhao said: "How about this? At that time, a special account will be established in the name of the company to collect the funds of employees who intend to purchase Junshi No. [-]. If there is not enough, I will make up for it."

This is also relative to the employee stock ownership plan. This method will not violate laws and regulations, but there are certain risks.

For company employees to purchase their own private equity products, the holding period must be more than 12 months, that is, they can be redeemed after one year.

Moreover, even if Gu Junhao wanted to, he could not promise to cover the bottom line like a real employee stock ownership plan. Private equity fund management is not allowed to promise any investors that the bottom line will not be subject to any loss of principal or guaranteed bottom line income.

"Okay, no problem. When the time comes, Mr. Gu, please tell me when you're done, and I'll transfer the money to the corporate account." Wu Peng said with a smile.

Although the boss is young, he is quite flexible.

"Then I'll vote at that time, Xiao Wang, will you vote?" Liu Tingting also said with a smile, and then looked at Wang Ruoyu and asked.

"Okay, I'll vote too, and I'll ask Xiao Xu tonight to see if he votes, but he wants to buy a house, so I don't know if he has the money." Wang Ruoyu said.

"It's a good thing. I'll invest some, but I don't have as much money as Xiao Wu. Is it okay to invest 10 to 20?" Cao Wenxun looked at Gu Junhao and said.

"It's okay. This kind of thing is voluntary. You don't have to force it. If you want to vote, go home and discuss it with your family members. I will ask Li Xinyu to draft a proposal and strive to give everyone the best treatment under compliance." Gu Junhao answered with a smile.

"Then thank you, Mr. Gu, then let's go back first." Cao Wenxun laughed.

"Then let's go too, Boss bye." Liu Tingting waved to Gu Junhao.

"Well, it's okay for you two to ask Xiao Xu, don't put too much pressure on him, I'm afraid this guy will lose face, or you can ask him how much he voted, and try to vote the same as him." Gu Junhao instructed Wang Ruoyu and Liu Tingting One Road.

"Understood, if it's not enough for the boss, you can just lend him a little bit. What are you afraid of? Anyway, it's still invested in the No. [-] fund, or in your own pocket." Liu Tingting said indifferently.

"Why don't you borrow it? You will treat me as a good person." Gu Junhao laughed and scolded, but in fact, he didn't have this idea in his heart.

Seeing the boss's reaction, Liu Tingting knew there was nothing wrong with it, and continued with a smile, "I don't have any money. If I want money, I can borrow some."

"Okay, don't talk about it, but it's pretty good. After working for more than a year, I have saved a lot of money, much better than Li Xinyu. Last time I bought stocks, I only got 5 yuan out."

I don't know if the little assistant has spent all the money he earned last time, Gu Junhao thought with a smile, and then walked towards his office, preparing for Li Xinyu to make a specific plan within a few days.

To be honest, according to Gu Junhao's cheating and trading skills, although the Shanghai and Shenzhen stock markets are both in a bear market from the opening period of the No. of.

It's just that, after the stock market crash, how many employees of the company have spare money to invest in funds or still maintain their longing for the stock market.

(End of this chapter)