A share of graded fund can be traded on the floor.

The graded fund is the only fund in all fund wealth management products that can use the "agreed rate of return" in publicity. The grading period is that Class A shares and Class B shares are terminated from listing, or the grading and merger are terminated to become LOF funds, or they are converted into parent funds by net value and split again.

Off-site regular redemption of Class A funds

There is a closed period (usually 3 months or 6 months) for such sub-funds, and they are redeemed according to their net value when they are open at maturity. Generally, such funds are mainly sold in banks, and they are also sold in securities companies. When the agreed rate of return is higher than the interest of the bank's wealth management products in the same period (3 months or 6 months), it is often necessary to make a placement; When the agreed rate of return is lower than the bank wealth management rate of return in the same period, it will encounter net redemption.

A-class funds with a term for floor trading

A-class funds with a graded term agreed income for floor trading refer to the transaction price = agreed rate of return ÷ yield to maturity+net value of AA+ to AAA credit bonds with the same duration -1 yuan. Because the term is determined and the income is determined, the price fluctuation of Class A graded funds with term is very small, which is suitable for buying investors with maturity strategy. Maturity conversion means that the A and B shares of graded funds with grading term and cyclic grading are converted into parent funds according to the net value.