First, the money of grading fund B is lent to it by grading fund A for high-risk investment, and grading fund A obtains fixed income. Then the graded fund is cancelled, and fund A may have no fixed income or the fixed income comes from other places, depending on the policy announcement.
Second, customers who like to pursue highly leveraged returns may switch investment products, such as futures options.
3. If all AB funds are calculated by net value, once the grading policy is cancelled, investors in premium trading may be worried about the decline of net value and sell their shares, which is not good for B funds.
In view of the new asset management regulations, the scheme of "no share grading" for graded funds may generally be followed up: transformation, early termination and cancellation of graded operation, depending on the fund announcement. If investors don't understand the operation mode of graded funds, it's best not to try it easily. In addition, fund holders with large premiums should pay attention to the announcements of fund companies to avoid selling and losses.