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.

Non-monetary funds are valued by market value method, monetary funds are valued by amortized cost method, and shadow pricing method is used to track valuation errors.

Because there are many methods of fund valuation, it depends on how the specific fund is valued. General fund announcements will be issued, and changes in valuation methods will also be announced, and investors can check for themselves.