转:一个分级A下折的计算例子

1. 今天以0.887元买入1000份TMT中证A,手续费不计,今收盘0.915元。
2. 今天TMT中证B低折,估计今晚B净值是0.215元,A净值是1.005元,A:B是5:5。

在假设下周一TMT中证B净值不动的情况下,那么:
1. 1000份B变为215份新B;
2. 1000份A变为215份新A,+790份新母鸡;
3. 新A的交易价格估算为:5%(TMT中证A利率)/6.3%(市场隐含收益率)=0.794元;
4. 母鸡的赎回价格为:1*0.995=0.995元 0.995是指扣除了0.5%赎回费的实际赎回价格。
5. 1000份A下折后总值为:215*0.794+790*0.995=170.71+786.05=956.76
合计每份0.957元,收益率0.957/0.887-1=7.86%

下周一(T日)10:30起可继续交易A和B,周二(T+1日)停牌,晚上新A和母鸡到账,周三10:30起可卖和赎回。

可能出现的变化:
1. 下周一(T日),B类继续跌,收益继续扩大;B类开始上涨,收益减少;
2. 下周二(T+1日),母鸡净值增加,收益继续扩大;反之亦然;
3. 下周三(T+2日)就可以赎回了,但赎回是按照周三收盘母基净值计算的,所以要承担周二和周三两天的母基金净值波动。

77,639 thoughts on “转:一个分级A下折的计算例子”

  1. I do not know if it’s just me or if perhaps everyone else encountering issues with your website.

    It appears as if some of the text in your posts
    are running off the screen. Can someone else please comment and let me know if this is happening to them as well?
    This could be a issue with my internet browser because I’ve had this
    happen previously. Appreciate it

  2. I used to be suggested this website via my cousin. I’m not sure whether this submit is written by means of him as nobody else recognize
    such special about my trouble. You are incredible! Thanks!

  3. Hello, i believe that i saw you visited my site so i came to return the choose?.I’m attempting to find
    issues to enhance my site!I guess its ok to use a few of your ideas!!

  4. I have to thank you for the efforts you have put in writing this blog.
    I am hoping to check out the same high-grade
    blog posts by you later on as well. In truth, your creative writing
    abilities has encouraged me to get my own, personal site now 😉

  5. Wonderful site you have here but I was wanting to know if you knew of any forums
    that cover the same topics talked about in this article?

    I’d really love to be a part of online community where I can get opinions from other experienced people that share the
    same interest. If you have any suggestions, please let me know.
    Many thanks!

  6. Hiya very nice website!! Man .. Beautiful .. Wonderful ..
    I will bookmark your web site and take the feeds additionally?
    I’m glad to seek out numerous useful info here in the submit, we’d like develop extra
    techniques on this regard, thanks for sharing. . . . . .

  7. Fantastic site you have here but I was wanting to know if you knew of any forums that cover the same topics
    talked about here? I’d really like to be a part of community where I
    can get feedback from other experienced people that share the same interest.
    If you have any suggestions, please let me know. Thank you!

  8. Hi I am so happy I found your webpage, I really found you by error, while I was
    researching on Google for something else, Anyways I
    am here now and would just like to say thanks for a fantastic post
    and a all round exciting blog (I also love the theme/design), I don’t have time to browse it all
    at the moment but I have saved it and also included your RSS
    feeds, so when I have time I will be back to read a lot more, Please do keep up the fantastic work.

  9. I would like to convey my respect for your generosity supporting those people who really want help with your content. Your special commitment to getting the solution all through appears to be definitely significant and have regularly made others like me to get to their objectives. Your amazing warm and friendly suggestions means this much a person like me and further more to my peers. Many thanks; from all of us.

  10. The main clients of bridge financing industry are property conversions, private building projects; land acquisition and property developers. And even those who have enough income to think about buying will not be capable to be entitled to a mortgage. HMRC have argued it is not, the truth is, retrospective because it is simply making sure the legislation will be correctly applied, understanding that it only came to light in 2004 using new disclosure rules.

  11. Part of it is an us-versus-them mentality that comes from the front office staff who feel their efforts are more difficult because they cope with customers (in comparison with Finance, who take care of numbers). As discussed throughout this series, your net worth is the current liabilities subtracted from your current gross value (the value of all of your major assets and holdings). The ripple effect would have been a devastating and lingering recession extended to corporations in virtually every industry.

  12. If you can lower a person’s eye rate of one’s debt, you will be able to flee the trap that so many fall under: paying forever for only the interest without ever lowering the base level of their debt. There are plenty of stuff that that can be done once you refinance that only improve your home’s value but cut the interest you’ll pay. So please satisfy using a financial advisor and check out ways to consolidate debt within your own budget.

  13. I hate to hear these individuals talk about the radio and about the news about the significance about a credit score. Now, that is quite alarming and a few have realized it to be exceedingly alarming. The ripple effect would have been a devastating and lingering recession extended to corporations in just about any industry.

  14. I hate to listen for these people talk on the radio and around the news concerning the significance of a credit score. Now, that may be quite alarming and several are finding it to be exceedingly alarming. So please satisfy using a financial advisor and check out techniques to consolidate debt with your own budget.

  15. In fact, elimination of the liabilities by about 50% is not any big a deal. The simple truths found in the financial admonitions of Benjamin Franklin, Alexander Hamilton, and also other lesser knowns are why Americans have amassed more wealth in 200 years compared to rest of the world did in two millennia. The ripple effect was obviously a devastating and lingering recession extended to corporations in practically every industry.

  16. I hate to listen to these folks talk around the radio and around the news in regards to the significance about a credit score. Now, that might be quite alarming and several are finding that it is exceedingly alarming. HMRC have argued that it is not, the truth is, retrospective which is simply ensuring that the legislation has been correctly applied, knowning that it only came to light in 2004 using new disclosure rules.

  17. Part of it is definitely an us-versus-them mentality that comes out from the front office staff who feel their jobs are more challenging simply because they deal with customers (compared to Finance, who deal with numbers). And even whoever has enough income to consider buying might not be capable of qualify for a mortgage. It is probably time and energy to seek small company financial help by getting a CFO or possibly a Chief Financial Officer.

  18. In fact, removal of the liabilities by about 50% isn’t any big a deal. There are plenty of stuff that you can do when you refinance that does not only improve your home’s value but cut the interest you’ll pay. The ripple effect was obviously a devastating and lingering recession extended to corporations in virtually every industry.

  19. I hate to listen for they will talk about the radio and for the news in regards to the significance of a credit score. Now, that is quite alarming and a few have found it to be exceedingly alarming. Without warning in September 2008, the first indications of flaws because optimism appeared.

  20. In fact, removal of the liabilities by about 50% isn’t any big a deal. And even individuals who have enough income to think about buying will not be able to qualify for a mortgage. Without warning in September 2008, the initial indications of flaws because optimism appeared.

  21. The “Democratic Party” as well as the “Republican Party” have dominated the American political system since, electing no President who was not just a member of one of those parties. The simplest way concerning how to handle criticism in the workplace is to be in career-mode. It is just a North African desert country of only 6 000 0000 people, the majority of whom may be poor, regardless of the nation’s oil wealth.

  22. The main clients of bridge financing industry are property conversions, private building projects; land acquisition and property developers. And even those who have enough income to take into consideration buying will not be able to be eligible for a a mortgage. (I could end the lesson in this article by telling you that if you stop speeding it can save you yourself possibly hundreds otherwise thousands per year and stay perfectly justified.

  23. Yes, cloth brings warmth, but leather will give you a sense of power, control and security. They have become useful with pouches to keep stuff improve the mess within the room. Are you looking to compliment a particular piece you’ve at your residence or are you looking to add something to get more depth on the environment.

  24. curso tatuagem curso de tatuagem curso de tatuagem online curso de tatuagem preço melhor curso de tatuagem melhor curso de tatuagem online melhor curso de tatuagem da internet melhor curso de tatuagem preço curso de tatuagem onde comprar curso de tatuagem comprar fazer curso de tatuagem curso tatoo curso de tatoo curso de tatoo online curso de tatoo preço melhor curso de tatoo melhor https://sites.google.com/view/tatuadorvip/

Leave a Reply

Your email address will not be published. Required fields are marked *