Quantile refers to dividing the probability distribution range of a random variable into several equal numerical points, such as median, quartile and percentile. That is, a point in the continuous distribution function corresponds to the probability p.

What is a fund subsite?

Fund sub-site refers to the operation mode that fund institutions return part of fund income to fund investors, and the income usually comes from the unit net value of the fund.

The distribution method of fund points is usually that the net value of each fund is not lower than the face value of the allocated fund. Before distribution, the income of the fund needs to be able to make up for the previous losses.