0.5 a day-0.6 yuan money. Fund income is distributed on a daily basis, just like Alipay, there will be income every day (including rest days and holidays). The difference is that the fund uses dividend reinvestment, that is, for every 100 yuan of income, the foundation automatically buys 1 share (free of charge). For example, if you buy 100 yuan (100 shares) at the price of 100 yuan, the daily income will be about 0.5~0.6 yuan, and the cash dividend will exceed 100 yuan for more than ten days. At this time, the Foundation automatically bought 1 share, and the number of shares held became 1065438.

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1, what are the arbitrage methods?

Since it is called arbitrage, it must be profitable. As Warburg Tianyi is a competitive trading model, the on-site price always fluctuates around 100 yuan. If there is fluctuation, there will be price difference, and if there is price difference, there will be benefits. In addition, Huabao Tianyi can trade in a T+0 cycle, which also gives investors arbitrage space.

In addition, at some special times, the price of Huabao Tianyi will fluctuate greatly, and the redemption price is fixed at 100 yuan/share, so there is also room for arbitrage through the rotation of redemption+trading.

To sum up, there are two main arbitrage methods for Huabao's profit at present, one is intraday spread arbitrage. One is through redemption+transaction arbitrage.

2. What is the discount and premium respectively?

Simply put:

The so-called discount is that the on-site price is lower than 100 yuan.

The so-called premium is that the site price is higher than 100 yuan.

When the price of Huabao Tianyi is above 100 yuan, arbitrage can be carried out by selling and subscribing at a premium.

When the on-site price of Huabao Tianyi is lower than 100 yuan, you can buy and redeem at a discount for arbitrage.

Discount premium arbitrage income mainly consists of two parts, one is the arbitrage price difference, and the other is the interest income during the holding period of Huabao Tianyi.

3. Intra-day spread arbitrage

Huabao Tianyi can be traded in the secondary market, and the price fluctuates around the net value. According to the specific price trend, buy low and sell high to earn the difference. The advantage of this method is that Huabao Tianyi implements T+0 rotation, and can buy and sell infinitely in one day to earn the difference, and many a mickle makes a mickle.

At present, 73 brokers have done commission-free transactions for Warburg, covering almost most mainstream brokers in China, and the cost is almost negligible.