Net fund value refers to the net asset value of each fund. The formula is: net fund unit value = (total assets-total liabilities) total fund shares. The subscription and redemption of open-end funds are executed at this price, which is calculated after the market closes every day and announced the next day. The transaction price of closed-end funds is the market price determined when buying and selling. Simply put, when the fund is issued, there is a total share, and the net value is how much a fund has sold at present.
The calculation formula of fund net value is: fund unit net value = (total assets-total liabilities) ÷ total fund shares.
The subscription and redemption of open-end funds are implemented at this price, calculated after the market closes every day and announced the next day. The transaction price of closed-end funds is the market price determined when buying and selling.
Simply put, when the fund is issued, there is a total share, and the net value is how much a fund has sold at present.
Look at the profit and loss of the fund depends on this indicator-floating profit and floating loss. A positive floating profit and loss means a gain, and a negative floating profit and loss means a loss. For details, please consult Xue Fund's portfolio experts.