Operation method of graded fund after class B discount:
1, selling grade b
It's about to be discounted, and there may be a situation where the limit can't be sold, but you should also actively hang up the order! Compared with all the following methods, the loss is minimal. If the pending order can't be hung up, do other operations half an hour before closing.
2. Buy Grade A and merge in pairs
Holding grade B, the price goes down every day and can't be sold. What is even more frightening is that if the net value is close to RMB, you can buy the corresponding grade A and merge it into the parent fund to reduce leverage. This method requires more money. If the premium rate of A+B is much higher than that of the parent fund, there will also be corresponding losses. Therefore, this method is recommended to operate under the premise of not optimistic about the market outlook.
The operation steps of the graded fund after class B discount:
(1) Shenzhen Stock Exchange graded fund: Buy A on T day, submit the merger application within T trading hours, and hold/redeem the parent fund shares on T+ 1 day. (Note: If the merger is triggered on T-day, the parent fund cannot be redeemed on T+ 1 day and can only participate in the discount. )
Specific operation: in the trading system, in the "Stock" interface, select the "Exchange Fund" option, and submit the fund merger application in the "Fund merger/split" item. Fill in the parent fund with the merger code, and double the share of B, that is, the share of A+B (the stock classification is 1: 1, and other proportions are calculated separately). After buying on the same day and merging on the same day, you can see the merged share at night and redeem it directly the next day.
(2) Classified fund of Shanghai Stock Exchange: Buy A on T day, submit merger application within trading hours on T day, get the parent fund on T day, and can hold/sell/redeem it.
(3) If you mistakenly step on a "mine" and buy the published grade B, you can choose to buy A to reduce the loss or directly hold B to participate in the discount after calculation.
Grade b is discounted under the trigger of T- 1, and the fund company announces t as the base date. On the T day, the parent fund suspended its subscription and redemption, but Grade A and Grade B can still trade normally after being suspended for one hour on the same day. Customers who bought B shares on T day are stepping on a "mine" by mistake. After calculation, customers can choose to buy A and participate in the conversion in the form of holding graded A+B shares; Or simply do nothing and directly hold the B level to participate in the conversion.
According to the recent discount results of B shares of several graded funds, customers who choose A+B shares to participate in the discount will lose about 5% less than those who directly hold B shares, but on the one hand, they need to pay more money to buy A shares, on the other hand, A shares are converted according to the net fund value, so the discount premium should be considered when buying A shares, and the secondary market price of A shares will fluctuate after the discount, and the net value of the parent fund obtained after the discount will also fluctuate with the underlying index. Therefore, holding A shares to participate in the conversion needs to bear the risks brought by fluctuations in the price of A shares and the net value of the parent fund, and whether to hold A+B shares to participate in the conversion needs to be carefully decided.