The so-called fund split, similar to the rights issue in stock, is a way to change the corresponding relationship between the net share of the fund and the total share of the fund and recalculate the assets of the fund on the premise of keeping the total assets of investors unchanged. Investors' concern about the net value of the fund is the main reason why fund companies choose to split up.

There are advantages and disadvantages. If the net value of the fund is high, the subscription share will be less, and the dividend share will naturally be less; Subscription requires a subscription fee, which is higher than the subscription fee. The more subscriptions, the more expenses. The fund does have a grade discount, but the minimum is 500 thousand, which I believe ordinary investors dare not take out easily.

Extended data:

After the fund is split, the original portfolio remains unchanged, the fund manager remains unchanged, the fund share increases, and the net value of unit share decreases. The split of fund shares can reduce the net value of fund shares by directly adjusting the number of fund shares, without affecting the realized income, unrealized income and paid-in fund.

The split will not affect the realized income, unrealized income, paid-in funds and other accounting subjects and their proportional relationship, and will not have a substantial adverse impact on the rights and interests of investors.