When will the net value of OTC funds be updated?
The net value of OTC funds is calculated after the daily closing and announced at night. The trading of OTC funds is the principle of unknown price trading. Simply put, it is impossible for investors to know the net value of the transaction at that time, no matter whether they purchase or redeem it, because the net value of the trading day is announced at night (except monetary funds and wealth management funds).
The lower the net value of OTC funds, the better?
Not exactly. The fund price reflects the value of assets such as stocks and bonds held by the fund. Funds with low unit net worth, that is, funds with low prices, may not necessarily rise fast. The performance of the fund has nothing to do with the price. At the same time, both low-priced funds and high-priced funds face the same market conditions. The future investment income of the fund depends entirely on the investment level of the fund manager and has little to do with the current price of the fund.
In addition, the current net value of the Fund is only a reflection of the historical performance of the Fund and does not represent the future trend of the Fund's products. Investors cannot use the net value of fund products as an indicator to judge the quality of funds. After all, the long-term net value of the fund is unpredictable, and it is possible to go higher, flat or lower.