The subscription and redemption of funds occur every day, so the net asset value of fund units as the basis of transactions must be calculated after the daily market closing and announced the next day.
Its calculation formula is: fund unit net value = total assets net value/fund share.
Because the market price of these assets is constantly changing, only by recalculating the net asset value of the unit fund every day can the investment value of the fund be reflected in time.
Extended data:
On the premise of reasonably controlling risks and maintaining asset liquidity, we will strive to achieve sustained and stable appreciation of fund assets through prudent asset allocation strategies and proactive stock investment and bond investment, with dominant listed companies in booming industries or industries with good expected prosperity as the main investment targets.
Stocks, bonds and financial instruments:
1. The investment scope of the Fund is financial instruments with good liquidity, including domestic stocks and bonds issued and listed according to law and other financial instruments permitted by laws and regulations or China Securities Regulatory Commission.
2. The stock assets of the Fund account for 60%-95% of the fund assets; Bonds, cash assets and other securities allowed by China Securities Regulatory Commission account for 5%-40% of the fund's assets, of which the total proportion of cash or government bonds with maturity within one year is not less than 5% of the fund's net asset value, and warrants account for 0-3% of the fund's net asset value.
3. The Fund will dynamically adjust the allocation ratio of fund assets among stocks, bonds and cash assets according to the staged changes in the securities market. ?
Wanjia Fund-Wanjia Industry Optimization (16 1903)