The subscription and redemption of open-end funds are carried out at this price. The transaction price of closed-end funds is the known market price at the time of trading; On the other hand, the unit transaction price of the open-end fund depends on the net asset value of the unit fund, which is unknown at the time of subscription and redemption (but it can be calculated after the market closes on the same day and announced on the next trading day).
2. The accumulated net value of the fund unit is the sum of the net value of the fund unit after the establishment of the fund and the accumulated dividend amount of previous units, which reflects all the income data since the establishment of the fund. Cumulative net value of fund unit = net value of fund unit+cumulative dividend amount of unit in the history of fund (sum of all dividend amounts in the history of fund/total share of fund).
Response time: 2021-12-13. Please refer to the latest business changes announced by Ping An Bank in official website.