Under such circumstances, if the index falls, Shenwan's aggressive leverage ratio will be higher and higher. In order to prevent Shenwan's aggressive share from being zero in extreme cases, the fund has agreed on a threshold. When the unit net value of Shenwan Enterprising is 0. 1 yuan, Shenwan Enterprising no longer has leverage, and Shenwan's revenue share and Shenwan Enterprising share will be negative.
At present, the leverage ratio of Shenwan enterprising is about 10 times. Every decline in Shenwan's enterprising future means that the highest leverage ratio in the history of China Fund will be refreshed, and the highest leverage ratio can reach about 1 1 times.
However, investors who are ready to rebound should note that according to the characteristics of the Fund, once the net unit value of Shenwan enterprising falls to 0. 1 yuan, the threshold will be triggered and the leverage will disappear. In addition, when the net value of Shenwan's enterprising unit rises to 0. 1 yuan, Shenwan's income may be compensated first, and the leverage will disappear for a period of time.
After the extreme situation occurs, although Shenwan Enterprising will face a favorable situation of no leverage, once the market rebounds and Shenwan Enterprising Net Value exceeds 0. 1 yuan, it will give priority to make up Shenwan's income, so Shenwan Enterprising's upward leverage will disappear for some time. In extreme cases, the shorter the consolidation time of Shenwan enterprising, the higher the investment value of Shenwan enterprising, as long as the parent fund rebounds slightly. On the other hand, the longer the consolidation time, the greater the increase of the parent fund.
At the same time, it is precisely because Shenwan Enterprising set the threshold of 0. 1 yuan that this fund has the highest limit leverage ratio in the history of China funds, which is about 1 1 times.