What does the capital preservation fund protect? What is the capital preservation mode?
1, capital preservation
Capital preservation fund refers to the net subscription amount of fund shares subscribed by fund share holders and held at maturity; Or the net asset value represented by the expired fund shares purchased and held during the transition period on the conversion date; Or transfer from the previous capital preservation period to the current capital preservation period and hold the net asset value represented by the fund shares due on the conversion date. The conversion date refers to the last working day of the transition period (that is, the working day of the next capital preservation cycle).
2. Guarantee principal and interest
Capital preservation and interest protection fund refers to the capital preservation and interest protection fund. Interest refers to the interest generated by the net subscription amount of fund shares during the fund raising period. Generally, the fund shares are converted into all fund share holders, which are included in the scope of the capital preservation amount of fund share holders.
3. Guarantee principal, interest and expenses
A fund that guarantees principal, interest and expenses refers to a capital preservation fund that guarantees principal including principal, interest and expenses. Among them, fee refers to subscription fee or subscription fee.
4. Guarantee the principal and expenses
This capital preservation fund is generally another capital preservation fund transformed after the expiration of the fund guarantee period, and the fund code has changed. Generally, such funds only have a transition period and no subscription period, so there is no interest generated by the so-called subscription period.
5. Excess capital preservation
Usually, the excess capital preservation fund refers to the capital preservation amount including the investment amount subscribed by the fund share holders and the expired fund share plus additional expected annualized expected income; After that, the capital preservation amount of each capital preservation period is the investment purchased and held during the transition period plus additional expected annualized expected income, and the investment transferred from the previous capital preservation period to the current capital preservation period plus additional expected annualized expected income.