Fund split, also known as split fund, refers to a way to change the corresponding relationship between the net value of fund shares and the total amount of fund shares and recalculate the fund assets on the premise of keeping the total assets of fund investors unchanged. After the fund is split, the original portfolio remains unchanged, the fund manager remains unchanged, the fund share increases, and the net value of unit share decreases. The split of fund shares can reduce the net value of fund shares by directly adjusting the number of fund shares, without affecting the realized income, unrealized income and paid-in fund.

As far as the fund products on the market are concerned, the split funds are old funds that have been in operation for quite some time and have relatively good performance. Due to historical reasons or the structure of holders, some excellent old funds are relatively small in scale. When the net value of the fund rises to two or three yuan, investors often feel expensive, so few people apply, but many of them have been redeemed, which leads to the shrinking of the fund scale, which will inevitably have some adverse effects on the follow-up investment operation of these excellent old funds. Therefore, these old funds with excellent performance and relatively small scale may choose to split the fund without affecting the original holders.

Let's give a simple example: suppose an investor holds 654.38+00,000 shares of a fund, and the net value of fund shares is 2 yuan, then his fund assets are 20,000 yuan. If the fund is split according to the ratio of 1:2, the net fund share will become 1 yuan, and the total share will double. The fund shares held by investors changed from 65,438+0,000 to 20,000, and the corresponding total fund assets remained at 20,000 yuan. The fund split has no effect on the total assets of the original holder, but the fund share has changed.