1, a fixed fund is to buy stocks at a discount.

2. Fixed net worth valuation advantage. Fixed investment fund valuation has certain advantages. This method is that the closing price is converted according to the closed period, and there is a certain discount rate.

Private investment funds (hereinafter referred to as fixed-income funds) refer to funds that mainly participate in the private placement of listed companies, that is, investment funds that mainly invest in non-public offerings of listed companies.

Private placement refers to the non-public offering of shares by listed companies to a few qualified specific investors. It is stipulated that the number of issuers shall not exceed 65,438+00, and the issue price shall not be less than 90% of the market price of the 20 transactions before the announcement. The issued shares shall not be transferred within 65,438+02 months (become the controlling shareholder or have actual control rights within 36 months after subscription).