Graded funds are also called leveraged funds. Its operating principle is to split the fund into A and B shares according to a certain proportion. When distributing fund income, after ensuring the agreed rate of return of Class A shares, all the remaining income will belong to Class B shares, which makes Class B shares have certain leverage and enlarges the risks and benefits accordingly. When the index rises, the price of Class B share of leveraged funds will double; When the index falls, the net value of Class B shares will also fall by the same multiple.

Tips: The above information is for reference only. Ping An Bank sells a variety of fund products on a commission basis. Different funds have different risks, returns and investment directions. You can log in to Ping An Pocket Bank APP- Home-Financial Management-Fund Channel for information and purchase.

Reply time: 2021-12-15. Please refer to the latest business changes announced by Ping An Bank in official website.