The market rebounded and graded funds (leveraged funds) soared. Many friends asked me about graded funds, and many questions were not clear about graded funds. Today I tell a story, hoping to help you understand graded funds easily.
Since the grading fund came out in 2007, it has been paid close attention by investors. The price market of graded funds fluctuates violently, often soaring by 10% in a few trading days and possibly falling by 20% in a week. As an innovative variety of funds, many friends may not know or know a thing or two about graded funds, but they don't know much about the concepts such as leverage coefficient, stable share, enterprising share, parent fund and premium discount. today，
There was a father who had many sons. Unfortunately, the son is not filial, and the wife's pension problems are interrelated. In order to solve the problem of providing for the aged, the father decided to set up a fund with his eldest son who likes to speculate in stocks. The father and the eldest son each contributed 100 yuan to form a fund, with a total of 200 shares 1 yuan, with an initial share of 100. The ratio is 1: 1 (the original leverage of graded funds is 2). At the same time, the eldest son pays his father a fixed interest on the first day of each year-2% of the fixed interest for one year, that is, 5% of the annual interest, and then the annual interest is included in the principal cycle of the second year. The eldest son has the right to operate the 200 yuan Fund, but the profits and losses incurred are borne by the individual. He decided to trace the Shenzhen Stock Exchange 6544.