Fund valuation refers to the process of calculating and evaluating the value of fund assets and liabilities at fair prices to determine the net asset value and net fund share value.

For example, according to the fluctuation range of fund stocks and the proportion of positions, the real-time change of the overall fund yield is calculated. However, the real-time valuation of the fund is not equal to the final fund net value, and the specific fund net value will not be known until the liquidation.

Generally speaking, the fund valuation and fund net value will be slightly different.