With the rise of financial management, more and more investors join the basic people. Newcomers often find a phenomenon. If the price drops after buying a fund, the loss is normal, but it is obvious that the fund I bought has gone up. How can you lose money by selling or redeeming? It's hard to understand. In the actual operation process, it is normal for the fund to rise and fall. For new citizens, these two points must be known.

1, the transaction price has gone up, but the net value has not.

As we all know, the price of commodities is affected by the relationship between supply and demand. When supply exceeds demand, commodity prices fall, and when supply exceeds demand, commodity prices rise. The same is true of fund transactions. For example, a hot fund that has just been issued is generally optimistic because of its scarcity. The original net value was 0.95 yuan, but the transaction price rose to 1.05 yuan. We held it at the issue price of 1 yuan, looked at the book and earned 5%. Then we used the money urgently and redeemed it through the fund company. According to the relevant regulations on fund redemption, the fund redemption is based on the net value.

2. Transaction costs

The cost of fund transaction consists of three parts: subscription fee, management fee and redemption fee. In fund transactions, only the price rises, and when the increase does not exceed the transaction cost, it will also cause losses. For example, the subscription fee of a fund is 1.2%, the management fee is 2%/ year, the redemption fee for holding less than 1 year is 1.5%, and the redemption fee for holding more than 1 year is 0.5%. Holding the fund for half a year, the net value increases by 2%, and then redeems it, which is far from 3.7% of the transaction cost.

These are two points that novices tend to ignore in ordinary trading, which are very important for fund trading. Tips: Financial management is risky, and investment needs to be cautious.