59 cents1what's the situation in 300 yuan? In other words, if the price of a fund exceeds that of 20 yuan, it is impossible to appear. If you add a zero to this 59 to become 590, then buying 590 points is 1300 yuan, which is more like it. It is normal for the fund to be valued at one yuan to three yuan, or even five yuan, but it is unlikely that the fund valuation, especially the price of a share, will rise above 20 yuan, because the share will be divided to a certain extent. It will not let the net price of the fund itself keep rising, and it will not be conducive to normal trading if it rises too expensive.
When you buy a fund, although you buy an integer, the number of shares you get is not an integer, unless you buy a fund that has just been raised for 1 time. For example, a new fund issued by a fund company has an initial net value of one yuan. If you buy 1000 yuan, that's 1000 copies. In the future, this copy will increase from one yuan to 1.5 yuan, so your 1000 yuan will become 1500 yuan. Except this case, everything else is zero sum whole. There are almost no net fund shares that are very convenient to calculate, such as one dollar, two dollars and three dollars.
The determination of the fund share value of OTC funds in Shanghai is based on the second trading day or even the third trading day. For example, if I buy after 3 pm today, I may have to buy according to the net value of the day after tomorrow, and then buy before 3 pm, and I may have to buy according to the net value of tomorrow, because there is a delay. It is the extent to which the foundation rises tomorrow, or the extent to which it loses, which directly determines how much money I can get from buying the fund.