Fund split is a way to change the corresponding relationship between the net value of fund shares and the total amount of fund shares and recalculate fund assets on the premise of keeping the total assets of investors unchanged. Suppose an investor holds A 10000 shares of the fund, and the current net fund share is 1.60 yuan, and its corresponding fund assets are1.60×10000 =16000 yuan. After splitting the fund according to the ratio of 1: 1.60, the net value of the fund becomes 1.00 yuan, and the fund share held by investors changes from the original 10000 to 1.6 = 16000. Generally speaking, it is the practice of splitting the fund share into several shares according to a certain proportion.

For example, at a specific split point, the net fund value is 1.60 yuan. If the fund is split at this point, the split ratio is 65,438+0: 65,438+0.60, that is, the original 65,438+0 fund shares are split into 65,438+0.60 funds. In overseas markets, fund share splitting is a very common marketing method. Their usual practice is to split the fund share when the net value of the fund share is high; When the net value of fund shares is low, the method of fund share consolidation is adopted. Many large fund management companies have split (merged) their funds many times, such as Pilgrim Funds, Rydex Funds, Eaton Vance and so on. In Asia, there have been many cases of fund share split (merger) in Singapore market. At present, fund splitting is a marketing method of fund continuous marketing, and its advantage lies in that for subscribers, excellent old funds can be bought at lower prices; Fund splitting can accurately adjust the net value of fund shares to 1.00 yuan. This method of reducing the net value of fund shares by directly adjusting the number of fund shares will not affect the accounting subjects such as realized income and unrealized income of the fund and their proportional relationship.