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The difference between graded funds a and b
Graded fund is a kind of fund, which is characterized by dividing the fund into shares with different income and risk characteristics. Most graded funds are only divided into two levels, namely graded fund A and graded fund B. What is the difference between graded funds A and B?

What's the difference between graded funds A and B?

The main difference is that A's income is fixed income, while B's income fluctuates greatly and the risk is relatively high. This is mainly related to the mechanism of graded funds. In the graded fund, B share is leveraged, and its capital leverage comes from the market fluctuation that A and B use A's funds to expand, but at the same time B needs to pay interest to A, so A's income is fixed and B's risk is high. If the graded fund loses money, it will also lose B's fund first.

The above-mentioned grading model is called financing grading model. In addition, graded funds also have a grading model of long and short positions, that is, the parent fund is decomposed into graded funds with long and short shares, and the underlying index is tracked to make bets.