1. It is stipulated in the fund prospectus that the redemption fee charged for the fund shares of Class A funds with a holding period of less than 30 days shall be fully included in the fund property;

2. It is a redemption fee charged for the fund shares of Class A funds with a holding period of not less than 30 days but less than 3 months, and 75% of the redemption fee is included in the fund property.

3. That is to say, if the holders of Class A fund share have a huge redemption, they will generate a large amount of redemption fees. However, because these redemption fees are included in the remaining fund assets with a small share, the net value of the fund will skyrocket.

1. Is it good or bad to redeem convertible bonds?

Everything is fine in a bull market.

2. Will the share price of convertible bonds rise on the last trading day?

Generally, it is down, because convertible bonds are all at a premium, which means that the conversion will lose money! So it is generally down. Return to conversion value

3. Will convertible bonds rise?

Not necessarily. The issuance of convertible bonds by listed companies is bad news for the company's shares, and indirectly, convertible bonds will dilute the equity.

4. Calculation of Convertible Bonds into Shares?

Convertible value of convertible bonds = convertible bond share price ÷ convertible bond share price × 100.

5. How to convert convertible bonds into shares?

According to the current relevant regulations, if the holder of a convertible company intends to convert shares before the expiration, he can submit an application for conversion in the form of an offer at the trading time, but once the application for conversion is submitted, it cannot be withdrawn; And the par value of the application for share conversion must be an integer multiple of 1000 (i.e. 1 hand). If the number of shares that investors apply for conversion is greater than the actual convertible number, the exchange will convert them according to the maximum convertible number.

6. The shares generated after the conversion shall be listed and circulated on the next trading day after the conversion.

As far as the current market is concerned, no matter whether the conversion price is higher or lower than the market price, there will be losses in the conversion, and its income is less than the income from selling convertible bonds directly in the market. Because if the income after the conversion is greater than the income directly thrown out, there will be institutional arbitrage between the converted bonds and stocks, and it is more cost-effective to sell them directly, both theoretically and from the current market situation.