Question 1: What does the discount threshold mean? What is the loss to fund holders! Is it still meaningful to continue holding such a fund? The fund irregular share conversion business is a means to protect the interests of holders of graded fund A shares. If it is converted upwards (the net value of the parent fund is generally set to 2 yuan), it has no effect on B shares; If it is converted downwards (the net value is generally set to fall to 0.2-0.4 yuan), it will harm the interests of B shares.

When the net value of fund B is as low as 0.25, the fund triggers the discount threshold, which is subject to the net value of the fund on the discount base date. If it happens to be 0.25, the fund share will be reduced to one quarter of the original, the net value will return to 1, and the holder's market value will be 2500 yuan, which will restore the double leverage effect of fund B. In a bear market, the discount of fund B is easy to happen, which is very heavy for the holder because the share is reduced too much.

Question 2: What does the discount of Fund B mean? How to remedy it? As the net value increases, the corresponding share decreases. Now that the fund has fallen sharply, redemption means reducing losses.

Question 3: What is the discount threshold of the graded fund B (150266)? Why is there a discount risk today (24th)? You said the transaction price, not the net discount value.

B-level discount means that when the net value reaches below 0.25 yuan after the market closes, it will trigger the threshold, not the transaction price.

If it doesn't reach the net value on Friday, it will plunge next Monday, which will inevitably trigger the discount appropriately. Very dangerous.

Question 4: Grade B has reached the discount threshold. Why did the conversion go up by 100 points? The key point is that many retail investors simply don't understand graded funds and don't know what a discount is. In addition, on the second day after the discount of the graded fund is triggered, normal trading will continue except for one hour at 9: 30- 10: 30, and there is no risk warning. It is not surprising that there are so many retail bargain hunters.

In addition, when the discount is triggered, the leverage of B share fund reaches the limit. Except for arbitrageurs who made a fortune at the last minute, the rise was mainly attributed to retail investors who did not understand the operation principle of graded funds. They saw that the price was so low and the market rebounded strongly, thinking that they could make a big profit by using high leverage. How can they not invest heavily?

Question 5: The trigger discount will be discounted at the closing net value. What do you mean? The closing net value of Grade B falls below or touches the threshold, which will trigger the discount.

The discount is designed to protect A-level investors from losses, but B-level plunge is not allowed.

Because the discount is calculated according to the net value, and the real-time transaction price is the price of Class B, the real-time transaction price is higher than the net value, so the discount will increase the loss.

Question 6: How to inquire about the discount threshold of graded funds? China Merchants Securities Co., Ltd. refers to the irregular conversion of index-graded securities investment funds of securities companies (15020 1): when the net fund share of China Merchants Securities Co., Ltd. reaches 1.500 yuan; When the reference net value of fund share of China Merchants Securities Company B reaches 0.250 yuan.

Shen Yin Wanguo Securities Industry Index Rating Fund (150 172) is converted from time to time:

When the net share value of Shenwan Securities Fund is greater than or equal to 1.5000 yuan; When the reference net value of the fund share of Securities B reaches or falls below 0.2500 yuan.

The above information can be found on the website of the Fund.

Question 7: How to distinguish funds with a discount threshold of 0.45 or 0.25? The discount threshold of general bond funds is 0.45, and most others are 0.25. You can download relevant software to have a look.

Question 8: What does the threshold conversion of graded funds mean? Fund discount is one of the methods of fund irregular conversion, which is essentially equivalent to the income distribution of B share when the parent fund achieves a large increase. The current policy is that the net value of the parent base reaches 1.5 or 2 yuan will discount it, and the net value will return to 1 yuan, and the share will increase. In the bull market, the net value of the parent fund and the net value of the leveraged share both rose sharply, making the leverage of the B share smaller and smaller, and even the phenomenon of "leverage failure" appeared. Through upward conversion, the net value of the parent fund is equal to the net value of A and B shares, and B shares resume trading function, which also provides an effective exit mechanism for B shares. Judging from the funds that have been folded up at present, the tiered funds will resume high leverage after the leverage share is folded up, which will lead to the price premium in the secondary market and drive the overall premium, thus generating arbitrage opportunities.

Question 9: What does the discount of graded fund B mean? Thank you. The graded fund B fell to a certain degree to trigger the threshold, which led to the conversion of the net value into one.

Question 10: How to find out whether the discount or discount threshold net value of graded funds is 0.25 discount and 1.5 discount? This is common sense, don't look it up. Probably in the fund profile.