B. Conditions for opening a fund account
For individual investors, users need to have more than 300,000 securities assets per day (including 300,000) in the first 20 trading days of application. For professional investment institutions, professional investment institutions can directly open graded B funds in the business department, including futures companies, securities companies and fund management companies.
Graded funds, also known as "structured funds", refer to the types of funds that show two-level (or multi-level) risk-return performance with a certain differentiated fund share by decomposing the fund income or net assets under a portfolio. Its main feature is to divide the fund products into two or more types of shares and give different income distribution respectively. The sum of the products of the net value of each sub-fund of the graded fund and the share ratio is equal to the net value of the parent fund. For example, the net value of the parent fund split into two types of shares = the net value of class A subunits XA%+the net value of class B subunits XB%. If the parent fund is not split, it is an ordinary fund, and the stock (index) grading mode mainly includes financing grading mode and long-short grading mode. Bond-type graded funds are classified as financing. Currency grading funds are divided into long positions and short positions.