funds are divided into closed-end funds and open-end funds. The fund units of closed-end funds are listed and traded in the stock exchange market like the stocks of ordinary listed companies. The first step in buying and selling closed-end funds is to open an account in the securities business department, including fund accounts and capital accounts. To buy and sell open-end funds, you must first go through the account opening procedures, which include three main points: first, you should fill in the account opening application form at fund sales outlets such as fund management companies, banks with fund consignment qualifications or securities business departments to open an account. Secondly, if you open an account as an individual, you should bring valid certificates and seals such as your ID card. If you open an account as an enterprise or company, you should bring a copy of the company's business license, certificate of legal person, power of attorney of legal person, ID card and seal of the agent, etc. Finally, you must reserve a bank deposit account to accept redemption money.

the net asset value of a fund is the balance after deducting its liabilities from the total market value of the fund assets. The total market value of fund assets refers to the total assets of all assets owned by the fund (including stocks, bonds, bank deposits and other securities) at a certain point in time, calculated at fair prices; Liabilities are the expenses and interests that the fund has to pay to others in the process of operation and financing.

the net asset value of a unit fund refers to the net asset value of a fund represented by each fund unit, and the calculation formula is:

the net asset value of a unit fund = (total assets-total liabilities)/the total number of fund units

We have always emphasized that the net asset value of a fund should be calculated at a fair price at a certain valuation point, because the market price of these assets owned by the fund is constantly changing, so the net asset value of the fund is also constantly changing. Therefore, only by recalculating the net asset value of a unit fund every day can it reflect its real investment value in time.

the net asset value of a fund is the balance of the total market value of fund assets after deducting liabilities at a certain point, which represents the rights and interests of fund holders. The net asset value of a unit fund is the net asset value represented by each fund unit.

net asset value of unit fund = (total assets-total liabilities)/total number of fund units. Among them, total assets refer to all assets owned by the fund, including stocks, bonds, bank deposits and other securities; Total liabilities refer to liabilities arising from fund operation and financing, including expenses payable to others, interest payable on funds, etc. The total number of fund units refers to the total number of fund units issued at that time.

cumulative unit net value = unit net value+cumulative unit dividend amount after the establishment of the fund.

the level of fund net value is not the main basis for choosing a fund, but the future growth of fund net value is the key to judge the investment value. The level of net worth is influenced not only by the management ability of fund managers, but also by many other factors.

Open-end funds are conducted in the form of amount subscription and share redemption. The share of open-end fund units purchased and the amount of redemption of fund units are calculated according to the net asset value of fund units on the date of purchase and redemption plus or minus relevant expenses. Because the net asset value of the fund unit on the same day, which is the basis for calculating the purchase and redemption prices, can not be determined until the end of the trading in the securities market on that day, investors do not know the transaction price when purchasing or redeeming funds, so it is called the unknown price method.

if you want to inquire about the change of the fund's net value, you can inquire by telephone (the fund company's customer service hotline), log on to the company's website, and go directly to the counter of the purchased outlets.

When buying a fund,

1. You can bring your ID card to the bank counter and buy it directly.

2. You can also open online banking at the bank and buy online at home.

3. You can also buy online on the website of the fund company.

Bank of Communications has low fees, good service and many funds for consignment. You can go to Bank of Communications to open online banking.

China Merchants Bank's online banking is more professional. You can open it at China Merchants Bank.

the recent market adjustment suggests caution.

the adjustment will continue, and the market outlook is still unclear. Experts suggest that if the fund held by investors has already suffered losses, it is not necessary to cut the meat and stop the loss, and at the same time, it should not blindly buy low-priced funds. It is a wise choice for fund investment in the near future to stay on the sidelines.

If you are in a good mood and plan to make long-term investment, it is no problem to buy now. You can buy Guangfa Jufeng, Bosera Select or Bosera Theme Industry. For details, you can visit Jimi.com, Ku.com, Tiantian.com and Morningstar.com to learn about the performance, ranking and fund managers of each fund.

To buy a fund,

(1) First of all, you must know your investment type, whether it is steady or aggressive.

because if you buy these basics, then in the big bull market, the basics that go up every day will torture your heart.

the dividends of funds are similar to those of listed companies, and it is necessary to sell stocks first to form realizable income, and then implement dividends. Fund holders get real dividend income. < P > Split only changes the corresponding relationship between the net fund share and the total fund share, but does not affect the change of investors' total assets. There is no need to sell stock assets for fund split. In fact, the biggest drawback of splitting the base is that it will directly lead to the rapid expansion of the fund scale and indirectly affect the rapid growth of income for a period of time. Some people think that as long as the base in hand is to be split, it is time to consider changing the base (excluding small dividends).

(2) How to choose among more than 2 funds?

The suggestions refer to the strength of the fund company, the past performance of the fund in the market, and the ability of the fund manager to drink beer. Personally, I am optimistic about Guangfa Department, Southern Department, Huaxia Department, and Yiji Department. You only need to buy the best-performing ones in these companies. For example, Guangfa Jufeng in Guangfa.

(3) What is the best way to buy funds?

it is best to choose the online sales of fund companies.

The advantage of this way over the bank counter and online banking is that on the one hand, the handling fee is much cheaper.

The most important thing is that if you buy a fund and feel that you have bought it wrong, you can switch to other funds with good performance under the same fund company in time.

This saves the time and expense of redeeming funds from the bank and buying them again. It doesn't delay you counting money every day at all.

(4) how to allocate money to buy funds?

if you don't have millions of funds, it is recommended to hold 3-5 foundations based on 1W.

in terms of long-term returns, the difference in returns between the best base and the worst base among the top 1 in the market will not exceed 15% at most.

So as long as you don't buy the worst base on the market, there is absolutely no need to keep a bunch of bases in your hand. Are you tired?

(5) Choose a large fund to buy or a small one?

in my opinion, the foundation with a scale of about 6 billion has the most stable performance.

The plate is big, with more than 1 billion elephants on it. Sometimes it is not very flexible to run.

The plate is small, only one billion or less, so don't buy it. Why?

There is a potential risk, that is, some black-hearted fund companies will forcibly expand their models in order to earn fees and management fees. For example, the recent Penghua value is a lesson.

(6) how to combine and allocate buying funds?

Look at the top ten positions of major funds. I have always believed that buying a fund is actually equivalent to indirectly buying ten stocks of the fund.

so before you buy, please see clearly the stock you indirectly hold! This is related to the future growth space of the fund you hold, and of course this is also the importance that I emphasize the ability of fund managers.

a good fund manager, we don't have to doubt his ability of stock selection and position adjustment at all, which can make people sit back and relax.

so if you want to buy more than two bases, you should pay attention to the combination configuration, that is, the top ten positions of the selected two bases should be complementary rather than overlapping positions.

that's no different from buying the same base. At present, many bases in the market have high overlap in the top ten heavy positions, so everyone should pay attention to it.

Some fund departments have heavy real estate stocks; In some fund departments, the heavy position is steel stocks; Some fund departments are biased towards financial stocks; I won't go into details here, but it's not hard to find out by your own research.

So if you are optimistic about real estate stocks and financial stocks at the same time, then you have to find the bases of these two industries and make configuration purchases; Others and so on.

In addition, there are Jutian resources and Guangxiaopan, which are equipped with non-ferrous metals, so these two are very suitable for small positions.

(7) What should I do in the early stage of buying a fund?

study, analyze, weigh, and then make a decision

Do you think you can keep a foundation that you don't know for a long time?

the scale of the fund, the fund manager and the investment style are the minimum areas of understanding.

don't rush in just because you see a base running well and performing well for a while.

You should know that the styles of many foundations are rising fast and falling fast. If you agree with this style, you can buy it, otherwise don't be impulsive for short-term profits.

(8) What mentality should I use to buy funds?

it's important to be normal.

don't stare at the list of ups and downs all day, just laugh when your base is in the top ten, and feel depressed when your base falls after 5.

you know, there may be a difference between the top ten and eleven, so why .1%? . . Because of the small gap in the day, I am unhappy.

for long-term holders, you don't have to look at the net income every day. It's better to take this time to learn some investment knowledge.

(9) Can I buy a fund now? The point is so high. Is it safer to buy a new base?

The key is whether you think that 5 points is the highest point of China bull market.

If you think so, then you don't need to buy the base and redeem the short position immediately.

If you don't think so, as long as there is still room for 1 points in the market, then the fund will have at least 25% profit margin. You can weigh whether to enter or not.

Even if it is the top of the stage, then Long-term investment.

If the new fund is safer than the old one, I think it is nothing more than the level of net worth. This idea has gone into a misunderstanding and is wrong.

In fact, when the market is high, the position of the fund mainly depends on the risk coefficient of the fund. Because the new fund has just opened a position, its position will be lower and the risk will be smaller, but it also means that the rate of return is not high.

If the market is bullish in the next stage, There is a risk that a new fund will run short. So if you are bearish on the market outlook or think that the market outlook needs to be adjusted for a period of time, I suggest that you can buy a new fund.

My suggestion here is that investors with large funds or stable investors should choose a stable fund to buy.

Sometimes running fast may not be the best for you, because those who fall may be quick.

I still think buying a fund is the most suitable for their own investment.