In fact, graded funds only have parent funds. Sub-funds of graded funds only redistribute benefits according to the agreed proportion and distribution method.

For example, if the share ratio of graded funds A and B is 1: 1, the net share value of the parent fund =(a net value +b net value) /2.

In this case, both A and B have daily limit, and the parent fund also has daily limit.

The exact formula is:

Net value of parent fund = Class A share, sub-fund net value ratio X A share+Class B share, sub-fund net value ratio X B share.