The net value of the fund is based on the total assets of the fund transaction on that day, and the total liabilities, such as various costs and expenses stipulated in the contract, are deducted. Divided by the total fund share after liquidation, the unit net value of each fund share is obtained.

The algorithm of fund valuation is complicated. The valuation platform will build a valuation model and calculate the valuation of the fund according to the annual report, semi-annual report, quarterly report, industry information, stock position ratio and other factors regularly published by the fund.

Main advantages

The calculation of fund unit net value includes the calculation of fund total net value and fund unit net value.

According to generally accepted accounting principles, the total net assets of the fund = the total assets of the fund-the total liabilities of the fund.