The rise and fall of the fund is shown by the rise and fall of the fund net value, but the fund net value is different from the stock price, and its value is not updated in real time. Open-end funds publish unit net value once a day, and closed-end funds publish unit net value once a week. Fund products do not need investors to stare at them in real time.

The calculation formula of fund unit net value is: fund unit net value = (total fund assets-fund liabilities)/total fund shares.

Because only after the closing of the stock market and bond market on that day can the total assets, liabilities and shares of the fund be calculated according to the closing price, and the net value of the fund unit will be updated after the closing price on that day.

The fund's net value is generally updated from T day 16:00 to 9:00 the next day. The renewal time of different funds is different, but generally it will not exceed 24 o'clock on T day. Investors can check the net value of the fund unit on that day through the fund company official website or the fund consignment platform.