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What is the leverage of graded funds?
Hello, there are generally three kinds of leverage for graded funds: share leverage =(A share +B share) /B share net leverage = (parent fund net value /B share net value) * share leverage price leverage = (parent fund net value /B share price) * share leverage.

Stock leverage is usually fixed. The A:B ratio of general stock-based graded funds is 5: 5 (twice the initial leverage of Class B) or 4: 6 (0.67 times the initial leverage of Class B+65438), and that of bond-based graded funds is 7: 3 (3.33 times the initial leverage of Class B).

Because the price and net value of B share are constantly changing in the transaction, the net value and price leverage of graded funds will also be adjusted accordingly. When the market rises, the leverage of B share will decrease; When the market falls, the leverage of B shares rises. The higher the leverage ratio, the higher the risk and the stronger the offensive.

For example, for a person

For a graded fund with a share ratio of 1: 1, if the net value of A share and B share today is 1 yuan, then the leverage ratio of B today is 2. If the parent fund rises tomorrow,

1%, the net value of A shares rose to 1.000 1, and the net value of B shares rose to 1. 1999, at which time the leverage ratio of B decreased to 1.83 times.