1, and the discount of Grade B refers to the share obtained by Grade B through discount. In order to expand the unit net value of Grade B and ensure the safety of the principal of Grade A, grading funds generally set a threshold, and when the net value of Grade B falls to this value, it will be discounted.

2. First of all, investors should know why graded funds should be discounted. The leverage of Grade B actually comes from the capital of A, and the amount of capital is relatively fixed. Therefore, if the net value of B falls, the leverage will increase, which will increase the risk of A's principal, so it should be discounted.

3. So how is the graded fund discounted? Most graded funds agree to discount when the net value of graded B falls to 0.25. At the time of discount, the price of Grade B will be adjusted from less than 0.25 yuan (assuming 0.25 yuan) to 1 yuan, and its share will be converted into a quarter of the original, and Grade A will also be converted into a quarter of the original. Another three-quarters of the shares are converted into parent funds and distributed to investors' accounts in the form of dividends.