What does the discount rate of 80% mean? Nuoan Balanced Fund, Nuoan Optimized Bond, Nuoan Flexible Allocation, Nuoan Growth Stock, Nuoan Value Growth.
A discount rate of 80% means that the transaction cost of the fund enjoys a 20% discount. Nuoan Optimized Bond is a bond fund, which can be considered as a capital preservation fund. There are also equity funds, which do not promise to protect capital and have certain investment risks. The subscription and redemption must charge fund transaction fees according to the provisions of the fund contract. The subscription fee is charged at the time of subscription and the redemption fee is charged at the time of redemption.