With the continuous development of China's economy, more and more people begin to set foot in the stock market and fund market. In the fund market, investors pay more and more attention to on-site funds, and one of the important indicators is the discount rate of on-site fund transactions. Then, what is the discount rate of on-site fund transactions? What kind of function does it have?

The discount rate of on-site fund transaction refers to the difference between the transaction price and the net value of on-site fund, which is generally said to be the difference between the transaction price and the actual value of the fund. If the fund price is higher than the net value, it indicates the trading discount rate of the fund in the market; If it is lower than the net value, it means the trading premium rate of the fund in the market. In the fund market, the discount rate of on-site fund transactions is very important to investors.

First of all, the discount rate of on-site fund transactions is of great significance to fund companies and fund managers. Under normal circumstances, the floor fund with higher net worth transaction has higher profits, while the floor fund with lower net worth transaction will lose money. Therefore, at the end of each trading day, the fund company will calculate the net value of each fund in the market and use it as the basis for trading the next day. In addition, fund managers need to pay attention to the changes in the discount rate of on-site fund transactions, make optimal decisions for transactions, and protect the interests of investors.

Secondly, the discount rate of on-site fund transactions is also of great significance to investors. Investors can understand the investment situation of the fund market by observing the changes in the discount rate of fund transactions in the market, and make investment decisions according to the market situation. In major events such as the issuance of new shares, the discount rate of on-site fund transactions has become one of the important indicators to measure the transaction risk. If the trading premium rate of on-site funds is too high, it shows that investors have greater demand for funds and higher risks. On the contrary, if the discount rate is too high, it means that the less investors demand the fund, the lower the risk.

Finally, the discount rate of on-site fund transactions is also very important to the regulatory authorities. By reflecting the influence of internal and external environment on the securities market, the regulatory authorities can understand the risk tolerance of investors and the effectiveness of trading behavior in the fund market, and adjust policy supervision on this basis to further standardize the fund market.

To sum up, the discount rate of on-site fund transactions is an important indicator to measure the investment risk in the fund market, which is of great significance to fund companies, fund managers, investors and regulatory authorities. Therefore, investors need to understand and analyze the discount rate of on-site fund transactions when investing in funds.