1. Due to the actual controller of ETF, when Fund B keeps falling, it usually triggers the discount when its net value falls to 25 yuan. In order to prevent fund B from falling all the time and losing all the principal, it is impossible to pay fixed income to fund A, so the share of B is reduced and the net value returns to 1 yuan.

2. The discount of general funds will only be used for graded funds, which have withdrawn from the historical stage by the end of 2020.

3. When the net value of ETF is too high or reaches the company's requirements, the fund company may pay dividends to reduce the fund risk.