The downward discount of graded funds has a great impact, and holders face the risk of losses. Suppose, according to the fund contract, the net value of Class B shares is adjusted to 1 yuan when the discount is lowered, and the number of shares is reduced accordingly. After the discount, the leverage of Class B shares is significantly reduced, and the premium rate is usually reduced accordingly; at the same time, the high leverage of Class B when the discount is approaching is also reduced. Amplified the decline of the underlying index. Therefore, the decline in the premium rate and the decline in the underlying index both cause Class B share holders to face the risk of losses.

But there are two points to note: 1. The premium rate of Class B is significantly lower than the discount trend in 2015, and many are even at a discount, indicating that investors are more rational, so they are discounted to Class B Losses incurred by share holders have been reduced. 2. The grade B price leverage that is approaching a downward discount is still very high. Even if the additional losses caused by the disappearance of the premium are not taken into account, the risk brought by leverage alone is already large. Therefore, for Grade B products that are approaching a discount, investors should also carefully evaluate their risk tolerance, control their positions, and purchase with caution!

If the fund shares you hold are about to discount, selling first is still the best choice if you are not optimistic about the market. If the fund class shares fall to the limit, buying class A shares and redeeming them together before triggering the discount is also one of the ways to exit the market as soon as possible.