1. Listed stocks and bonds are calculated according to the closing price on the calculation day. If there is no transaction on that day, it shall be calculated according to the closing price of the latest trading day.
2. Unlisted stocks are calculated at cost price.
3. Unlisted government bonds and unexpired time deposits are calculated according to the accrued interest plus principal on the valuation date.
4. In case of special circumstances, if it is impossible or inappropriate to determine the asset value in accordance with the above provisions, the fund manager shall handle it in accordance with the relevant provisions of the state. Unknown price, also known as futures price, refers to the closing price of various financial assets in the securities market on that day, that is, the fund manager calculates the fund according to the closing price of that day.
Net asset value per unit. When this calculation method is implemented, investors don't know the price of the fund bought and sold that day, and they don't know the price of the unit fund until the next day. Net value of fund shares = (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 shares issued at that time. The calculation of fund unit net value includes the calculation of fund total net value and fund unit net value.
According to generally accepted accounting principles, the total net assets of the fund = the total assets of the fund-the total liabilities of the fund.
The total assets of the Fund include all the contents of the Fund's investment portfolio:
(1) The listed stocks and warrants owned by the Fund shall be subject to the closing price of the daily centralized trading market; Unlisted stocks and warrants are measured by qualified accounting firms or asset appraisal institutions.
(2) The listed bonds such as treasury bonds, corporate bonds and financial bonds held by the Fund shall be subject to the daily closing price; For unlisted companies, it is generally based on their face value plus the interest receivable on the calculation date.
(3) The short-term bills held by the Fund are based on the purchase cost plus the interest receivable from the purchase date to the calculation date.
(4) If there is no closing price or reference price on the calculation date specified in Article (1) and Article (2), the latest closing price or reference price shall be used instead.
(5) Cash and assets equivalent to cash, including deposits in other financial institutions.
(6) Reserves for assets and contingent liabilities that may not be fully recovered.
(seven) the assets that have entered into a contract but have not yet been fulfilled are regarded as fulfilled assets and included in the total assets.
The total liabilities of the Fund include:
(1) Unpaid remuneration payable to the custodian or manager as stipulated in the fund contract as of the calculation date.
(2) Other payables, including taxes payable, etc.
Fund liabilities should be calculated by daily withdrawal.
It should be noted that under special circumstances, if it is impossible or inappropriate to calculate the total net assets according to the above requirements, the manager shall handle it in accordance with the provisions of the competent authority.