Group 1 - Multiple fund companies have announced ETF share splits, with 12 ETFs having announced splits this year, indicating a resurgence of the "splitting" trend seen in previous strong market phases [1][2][3] - The core purpose of share splits is to create the illusion of lower fund prices, thereby reducing psychological barriers for investors and enhancing market appeal [1][4] - Fund splits are driven by market sentiment and institutional interests, and investors should focus on the true investment value of the funds rather than being misled by the "low price" appearance [1][4] Group 2 - Recent ETF splits include notable funds such as the Huabao National General Aviation Industry ETF and the Silverhua National Hong Kong Stock Connect Innovative Drug ETF, with significant changes in net asset values post-split [2][3] - The number of stock-type funds has surpassed 1,000, with a total scale reaching 3.17 trillion yuan, leading to intensified competition among similar products [4] - Historical instances of fund splits during market upswings, such as in 2007 and 2021, highlight the potential risks of associating low net values with better investment opportunities [3][4]

看到基金公司发布拆分公告，不少投资者会觉得"捡到便宜"，认为低净值的基金份额更容易上涨。但基金拆分并非提升收益的捷径，这个看似简单的操作， 背后藏着基金公司的策略调整逻辑。搞懂基金拆分的本质，才能避免被表面数字误导，做出理性的投资决策。 基金拆分是指在保持基金投资人资产总值不变的前提下，改变基金份额净值和基金总份额的对应关系，重新计算基金资产的一种方式。简单来说，就是将一 份净值较高的基金，拆分成多份净值较低的基金。 基金公司进行拆分主要有两个目的。一是降低基金份额净值，吸引更多投资者。高净值基金可能让部分投资者产生"价格高、上涨空间小"的错觉，拆分后较 低的净值会给人"门槛低、更划算"的心理暗示，从而扩大基金销售规模。二是调整基金的投资策略和管理需求。当基金规模过大影响投资运作效率时，拆分 可以在不改变基金资产的情况下，优化份额结构，便于后续的投资布局。 对于投资者而言，基金拆分不产生实际收益。拆分前后，投资者持有的基金资产总价值、占基金总份额的比例都保持不变。虽然拆分后基金净值降低，份额 数量增加，但这只是数字上的调整，就像把一张百元钞票换成十张十元钞票，总金额并未改变。而且，拆分后基金的投资组合、管理团 ...