What is the financing leverage ratio of 500,000 yuan for margin financing and securities lending?
What is the leverage ratio of graded funds? StructuredFund, also known as "structured fund", refers to a fund variety with two levels (or multiple levels) of 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 share value of the parent fund split into two types of shares = the net share value of the A type sub-base of XA share%+the net share value of the B type sub-base of %+XB share%. If the parent fund is not split, it is a general fund. There are generally three kinds of leverage for graded funds: share leverage = (class A share+class B share)/class B share net leverage = (parent fund net value/class B share net value) * share leverage price leverage = (parent fund net value/class B share price) * share leverage is usually fixed, and the ratio of stock-based graded funds is generally 5: 5: 5 (class B is twice the initial leverage) or 4:. Because the price and net value of B share are constantly changing in the transaction, the net value and price leverage of graded funds will also be adjusted accordingly. The higher the leverage ratio, the higher the risk and the more aggressive it is.