The graded fund has an agreed rate of return. If it is 6.5%,

On the regular conversion date every year, Fund A will also rise to 1.065 (if there is no irregular conversion).

The conversion price is based on the actual off-exchange net value, not the secondary market price.

At this time, this 6.5% will be given to you in the form of mother share, and then your account will have 6.5% more mother share.

If you only hold it for one month, you can only get a month's income, but you can't get a year's increase.

At the same time, we should know that buying and selling A and B shares separately can only be traded in the stock market, and subscription and redemption are not open.

It is real-time trading, with ups and downs, and it is different in the morning and afternoon.

B Generally, it is traded at a premium in the secondary market, and the transaction price is much higher than the actual net value.

A is the transaction price of the discount transaction, which is a little lower than the actual net value. There are high and low discount rates for different products.

Therefore, buying and selling A and B separately should be based on the secondary market price, and only the actual off-exchange net value can be seen.

What is the use of the actual off-site net worth? The off-exchange net value of A and B constitutes the net value of the parent fund of the graded fund.

You can only buy the parent fund off-site and purchase or redeem it according to the net value of the day.