Unknown price principle: Except that the subscription price of the fund is set at RMB 65,438+0.00 at the time of initial issuance, open-end funds are usually bought and sold by unknown price, that is, investors do not know the net value of the fund when submitting the entrustment application.

For example, I bought a fund of 1 0,000 today, which means I didn't know how many copies I bought at what price when I placed the order.

Because according to the regulations, if we submit a subscription application before 3 pm on the trading day, we should make a subscription with the net value of the fund on that day, but this net value can generally be announced at 7 pm or later. If we submit an application on a non-trading day or after 3 pm on a trading day, the price of the subscription funds is the unit net value of the next trading day.

Only after the market closes will the net value of the fund be announced. With net worth, it is easy for us to calculate how many funds we have bought.

The specific formula is: fund share = (subscription fund-handling fee)/unit net value.

There is a way for you to easily save 5 digits a year, and pay attention to WeChat official account: financial notes, reply 5 to view.