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What's the difference between Class A and Class B of graded funds?
Class A of the graded fund agrees on a certain expected annualized rate of return according to certain rules, such as one-year time deposit +3%, and the net value of the parent fund after deducting the net value of Class A share is the net value of Class B share.

The share ratio of A and B of stock-based graded funds is generally 1: 1. Most denominator funds are index funds that passively track an index.

The risk of graded fund A is lower than that of graded fund B, and the income is stable.

The net value relationship among the parent fund, Grade A and Grade B is as follows:

Net value of parent fund = net value of Class A sub-fund × proportion of Class A sub-fund+net value of Class B sub-fund × proportion of Class B sub-fund.