Graded fund discount process
Take the discount of China Merchants CSI Coal B (coal B for short, code: 150252) as an example (assuming that all A/B shares are 10000 before conversion):
On July 8th, the fund company issued a suggestive announcement that may trigger the discount-on July 8th, the net value of B share was 0.245 yuan, which triggered the discount threshold of 0.250 yuan-on July 9th, the fund company issued a discount announcement, and the conversion of the current share was taken as the conversion base date.
Trigger condition: net value of B share =0.25 yuan.
B-share assets: 65,438+00,000 B shares ×0.323 yuan net value before conversion.
After conversion, the net value is 3230 B shares × 1.00 yuan.
A-share assets: 654,380,000 shares; A-share before conversion × 65,438+0.007 yuan.
After conversion, the net value of 3230 A shares × 1.00 yuan.
6840 copies of the parent fund × 1.00 yuan net value (realized by redemption on the spot)
Fund assets: 20,000 shares of the parent fund before conversion ×0.665 yuan net value.
After conversion, the net value of 13300 C shares × 1.00 yuan.
Here: A:B= 1: 1 remains unchanged before and after the conversion, but the fund size may be greatly reduced after the conversion. This is because A-share investors can redeem 6840 copies of the parent fund × 1.00 yuan, accounting for 67.9% of the original funds of A-share investors. That is, by discounting, a-