Location refers to what products to purchase. Quantity multiplied by price is the position. Therefore, the position will change with the price of the subject matter. For example, if an investor buys a fund with a net value of 654.38+00000 yuan, he can buy 5000 shares without considering the handling fee, and the position amount after buying is: 2 yuan * 5000 shares = 654.38+00000 yuan. When the net value rose to 3 yuan, the position amount at this time was: 3 yuan * 5,000 shares =15,000 yuan, which means that investors earned 5,000 yuan. Since the fund adopts the method of "amount subscription and share redemption", investors should pay attention to distinguish between fund positions and holdings: many investors feel that they have sold less money when they sell. In fact, it is not lack of money, but the share of sales.

Tip: When the fund was first issued, its net value was 1 yuan. That is, the net value is equal to 1, and the subscription amount is the same as the holding amount. The share above 1 yuan will decrease, and the share below 1 yuan will increase.

In three cases, the fund cannot be completely sold:

1. Funds are divided into open-end funds and closed-end funds. When selling funds, we should pay attention to whether they are closed. If it is a closed-end fund, it cannot be redeemed at one time;

2. For open-end funds, if the large redemption may be restricted, it needs to be redeemed in installments;

3. During the suspension of subscription and redemption, the Fund cannot sell all funds.

Except for the above three cases, all funds can be sold in one lump sum or in installments.

Open-end fund:

(Open-end fund), also known as * * * mutual fund, refers to a fund operation mode in which fund sponsors can sell fund units or shares to investors at any time according to their needs when setting up a fund, and can redeem their externally issued fund units or shares at the request of investors. Investors can buy funds through fund sales agencies, so that the assets and scale of the fund will increase accordingly, or they can sell their fund shares to the fund to recover cash, so that the assets and scale of the fund will decrease accordingly.

Closed-end fund:

It means that when the fund is established, the total amount issued by the fund unit is limited. After the initial issuance reaches the scheduled issuance plan, the fund is declared to be established and closed, and the fund share will not increase or decrease unless it is specially approved. If new investors want to buy fund bonds, they can only buy from fund bondholders, not from fund companies; If the original investor wants to realize the beneficiary certificate or share in his hand, he can't ask the fund company to redeem it, but can only transfer it to a third party.

Belonging to a trust fund means that when the fund sponsors set up the fund, they limited the total amount of issuance of the fund units. After raising the total amount, the fund is announced to be established and closed, and no new investment will be accepted for a certain period of time.