Fund split refers to a way to artificially change the corresponding relationship between the net share value and the total share, and then recalculate the fund assets on the premise that the total asset value remains unchanged. After the fund is split, the investment portfolio remains unchanged, and the fund manager remains unchanged, but the fund share increases and the net value of unit share decreases, so that the number of fund shares can be directly adjusted to achieve the purpose of reducing the net value of fund share, without affecting the realized income, unrealized income and paid-in fund of the fund.

As far as the fund products on the market are concerned, the split funds are old funds that have been in operation for quite some time and have relatively good performance. Due to historical reasons or the structure of holders, some excellent old funds are relatively small in scale. When the net value of the fund rises to two or three yuan, investors often feel expensive, so few people apply, but many of them have been redeemed, which leads to the shrinking of the fund scale, which will inevitably have some adverse effects on the follow-up investment operation of these excellent old funds. Therefore, these old funds with excellent performance and relatively small scale may choose to split the fund without affecting the original holders.

Let's give a simple example: suppose an investor holds a fund 10000, with a net share of 2 yuan and its fund assets of 20,000 yuan. If the fund is split according to the ratio of 1:2, the net fund share will become 1 yuan, and the total share will double. The fund shares held by investors changed from 65,438+0,000 to 20,000, and the corresponding total fund assets remained at 20,000 yuan. The fund split has no effect on the total assets of the original holder, but the fund share has changed.