The exit plan of ant battle Allocation Fund: three options including adding class B share exit

category:Finance
 The exit plan of ant battle Allocation Fund: three options including adding class B share exit


On November 20, five innovation future funds announced the addition of class B fund units and the revision of fund contracts and prospectuses. That is to say, from November 23, the fundamentalists holding the five funds can freely choose to exit.

Daily economic news reporter found that at present, five products have been put into operation and obtained positive returns. Among them, the product with the highest yield has made 2.19% in a month. Should investors go or stay?

The concrete plan is finally coming out

According to the announcement of the fund company, in order to better serve the investors, starting from the principle of protecting the interests of investors, through consultation with the fund trustee Shanghai Pudong Development Bank Co., Ltd., and filing with the China Securities Regulatory Commission, five innovative hybrid securities investment funds with closed operation in the next 18 months will be added with class B fund units, and the fund contract and prospectus will be revised.

The specific plan has finally come out, mainly including the following points: 1. New class B fund shares will be added to the fund during the specified period, and the existing fund shares subscribed and held by investors are class C fund shares. Within the period specified by the fund manager, the fund unit holders are allowed to apply for the fund units transferred from class C and automatically redeemed as class B fund units. The two types of fund units are set with codes respectively. Investors must see clearly the codes of class B and class C when operating. 2. The specific time of the designated period is from 0:00 on November 23, 2020 to 15:00 on December 22, 2020, and fund unitholders may file relevant applications during the specified period. After the expiration of the specified period, the fund will no longer accept the application for conversion to class B fund units, the class B fund units will be cancelled, and the fund unit holders who do not choose to withdraw will continue to hold the original shares. The duration of class B fund units is the same as that of the designated period. 3. Within the specified period, the fund unitholders shall apply for withdrawal by converting their class C fund units into class B fund units and automatically redeeming them on the working day (t day) of the designated period. The calculation method of the withdrawal amount obtained is as follows: the transferred out amount of class C fund units = the transferred out shares of class C fund shares u00d7 the net value of fund units on t day, and the transferred in units of class B = the transferred out shares of class C fund units Amount / net fund unit value on t day, withdrawal amount = transferred share of class B fund unit u00d7 net value of fund share on t day. 4. During the period from the establishment date of the fund to December 22, 2020, the fund will not charge management fee, custody fee and sales service fee. The holder is also not required to pay the fee for converting class C fund units into class B fund units and automatically redeeming them.

So far, there are three options for the arrangement of Innovation future theme funds: continue to hold, transfer to class B shares to exit during the selection period, and transfer to the exchange for trading.

Judging from the current net value fluctuation of the five funds, they are all in operation. Five products have been put into operation and all have obtained positive returns. Among them, the product with the highest yield has earned 2.19% in one month, and the yield of three products fluctuates around 1%.

Daily economic news reporter combing the recent announcement of relevant funds also found that some funds began to participate in the subscription of non-public offering shares. For example, e-fonda innovation has been allocated 5.5494 million shares of Lianchuang electronics and 1184400 shares of kairun shares in the future, and the lock-in period is 6 months. Although investors can withdraw smoothly at present, some market analysts say that for investors who continue to hold the fund, in addition to ants, they should pay more attention to the operation of the remaining 90% positions of the fund, which is the core part of the final income of the fund. Previously, the fund managers sent by fund companies were all star fund managers. These fund managers have relatively strong management ability. Some fund managers manage their own products with scarcity, and they usually have to buy them by grabbing. From the past performance of fund managers, even if they did not participate in strategic placement, they still have good performance. Source of this article: Yang Bin, editor in charge of daily economic news_ NF4368

Daily economic news reporter combing the recent announcement of relevant funds also found that some funds began to participate in the subscription of non-public offering shares. For example, e-fonda innovation has been allocated 5.5494 million shares of Lianchuang electronics and 1184400 shares of kairun shares in the future, and the lock-in period is 6 months.

Although investors can withdraw smoothly at present, some market analysts say that for investors who continue to hold the fund, in addition to ants, they should pay more attention to the operation of the remaining 90% positions of the fund, which is the core part of the final income of the fund. Previously, the fund managers sent by fund companies were all star fund managers. These fund managers have relatively strong management ability. Some fund managers manage their own products with scarcity, and they usually have to buy them by grabbing. From the past performance of fund managers, even if they did not participate in strategic placement, they still have good performance.