The net value of a fund unit refers to the current total net assets of the fund divided by the total share of the fund.

its calculation formula is: fund unit net value = total net assets/fund share.

the net value of a fund unit is the net asset value of each fund unit, which is equal to the balance of the total assets minus the total liabilities of the fund and then divided by the total number of units issued by the fund.

both the subscription and redemption of open-end funds are conducted at this price. The transaction price of closed-end funds is the known market price at the time of buying and selling; On the other hand, the unit transaction price of open-end funds depends on the unit fund's net asset value, which is unknown at the time of subscription and redemption (but can be calculated after the market closes on the same day and announced on the next trading day).

Extended information:

Funds have the following four forms:

1. According to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (it depends on the situation), and the fund size is not fixed through subscription and redemption by banks, brokers and fund companies; Closed-end funds have a fixed duration, generally listed and traded in securities exchanges, and investors buy and sell fund units through the secondary market.

2. According to different organizational forms, it can be divided into corporate funds and contractual funds. Funds are established by issuing fund shares to establish investment fund companies, which are usually called corporate funds; Fund managers, fund custodians and investors are established through fund contracts, which are usually called contractual funds. China's securities investment funds are all contractual funds.

3. According to different investment risks and returns, it can be divided into growth, income and balanced funds.

4. According to different investors, it can be divided into stock funds, bond funds, money market funds and futures funds.

reference source

Baidu Encyclopedia-Fund Unit Net Value

Baidu Encyclopedia-Fund