1, the daily fund net value (fund day) is equal to the balance of the total assets of the fund minus the total liabilities and then divided by the total number of fund shares. Refers to the balance of the total market value of fund assets after deducting liabilities at a certain point in time, which is the equity of fund share holders.

2. The calculation formula is:

Net asset value of fund share = (total assets-total liabilities)/total fund share.

Among them, total assets refer to all assets owned by the fund, including stocks, bonds, bank deposits and other securities;

Total liabilities refer to liabilities arising from fund operation and financing, including various expenses payable to others, interest payable on funds, etc.

The total number of fund shares refers to the total number of fund shares issued at that time.

The total share of open-end funds changes every day, so the statistics after the end of the day's transaction shall prevail. After the close of each trading day, the net asset value of the fund on that day is divided by the total number of fund shares at the close of the trading day to get the net asset value of the shares on that day.

3. The daily net value of the fund mainly refers to the change in the proportion of the net asset value of the fund caused by the opening of the open-end fund to the outside world on trading days such as Monday to Friday. The daily net value fluctuates due to market conditions and policies, similar to stocks, but generally the fluctuation range is not large, so the risk is relatively small.