The reference market value is from the perspective of the amount, that is, the value of a fund held by the basic people. Holding share refers to the number of funds held by the basic people from the perspective of quantity. The reference market value refers to the visible market value of the fund. Fund market value = fund share * fund net value. The reference market value does not represent the actual value of investors. The reference market value of each trading day is different. Position share represents the amount of funds held by investors. The share of fund positions is converted according to the subscription amount and the net value of the fund at the close. After the fund is bought, the share will remain unchanged, and the share of investors buying or selling the fund will decrease, and the share of fund positions will change.

1. Reference market value is a technical term, which is common in the fund market. Reference market value = fund share * reference market value of unit net value on redemption date. Pay special attention. It is a dynamic concept, because the fund quotation is fluctuating. During the trading period, the market value will fluctuate with the fund price. Different investment targets, different fund fluctuations, and different price (fund unit net value) fluctuations. Only when the transaction ends will the market value remain unchanged for the time being. The reference market value of the fund refers to the closing price of the fund shares held on that day.

2. In the stock market, the reference market value is often the total market value, which means that the total share capital is multiplied by the stock price at that time in a specific time. 3. In the stock account, there is also a reference market value, which means that the reference market value is the sum of the prices of all your stocks multiplied by the number of shares. Generally speaking, reference market value is the concept of fund, so as a novice, we should pay special attention to it. Besides, shareholding, a proper term, is a technical term. Holding a share refers to holding a share of a fund. We all know that most funds have a ceiling. For example, the initial face value of a fund share is 1 yuan. Assuming that the total amount raised by a fund is 1 100 million yuan, there are 1 100 million fund shares, and investors buy funds, that is, buy fund shares. An investor spends 654.38 million yuan, and the fund does not charge any fees. According to the initial face value of 654.38+0 yuan, there is a share of 654.38+ ten thousand yuan, and this holding share is fixed. In general, it is particularly easy to confuse the concept of holdings here. The total amount of funds held, that is, the reference market value, is dynamic and fluctuates with the face value of funds, which means the fund share * face value of funds (the unit net value on the redemption date). For many investors, calculation has become particularly difficult. After all, in reality, there are various fees, interest and fund face value fluctuations.