How to calculate the money to sell the fund: when buying, your amount will be converted into shares according to the closing net value of the fund on T day, and all shares will be displayed when selling. However, the amount will be calculated according to the net value of the fund unit on T day, that is, the share × the net value of the unit on T day-redemption fee, depending on the net value of the unit on that day, to determine whether you have more than 100 yuan after selling.

The reference market value of the fund means that the figures you see now are for reference, not as the actual value of your continued trading in the fund. For example, if investors want to redeem the fund, the amount of redemption will basically not be the reference market value they see.

I. Reference market value

For example, if investors want to redeem the fund, the amount of redemption will basically not be the reference market value they see. There are two main reasons: the redemption fund has a redemption fee, and the transaction cost is not considered with reference to the market value. The net transaction value when redeeming the fund is not the net value used by the reference net value. Because of the different trading days, the reference market value can only be regarded as the recent general situation.

Second, the market price

Reference market value = fund share * unit net value on redemption date is the fund share you hold multiplied by the fund net value on that day, indicating the total market value of the fund you currently hold. The reference market value MINUS the principal of your investment and then the redemption fee is the money you earn from your investment. But it can only be a reference, not a reality, because your price may be different from the market price.

The shares held by ordinary investors' funds are available shares, that is, all fund shares that can be sold at the time of redemption. Reference market value: the net value of open-end funds has been changing. The net value of the fund will be calculated and announced after the market closes every day, but you can only buy or redeem the fund during the trading hours, so the net value of the fund during this period is actually unknown. In order to give investors a reference, there will be a reference market value, which is very small from the final net value of the day. Investors can calculate the profit and loss of their own funds according to this reference market value, and then choose to continue holding or selling. Shareholding share is the number of shares held in the investor's account. Holding share funds is based on "shares", and the unit net value of the fund is the value of each share.