Net value of fund shares on that day = (total assets-total liabilities)/total number of fund shares
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 and interest payable on funds. The total number of fund shares refers to the total number of fund units issued at that time.
Some people say that the fund company can control the net value, which probably refers to the so-called interest transfer within the fund company, that is, in order to compare the Excellence of a flagship fund, the fund company allows its other funds to raise the stock price bought by the flagship fund, thereby improving the net value and growth rate of the flagship fund and promoting the flagship fund as a star. This manipulated the net value of the fund to some extent. Obviously, this is a violation, and it definitely exists, but unfortunately, no fund has been punished for this operation.