The position amount refers to the total value of an investment product held by investors, or the median market value. The position share refers to the number of an investment product held by investors, in which the position amount changes with the change of price, that is, when the price rises, the amount will increase, on the contrary, when the price falls, the amount will decrease, while the position share that investors do not buy or sell will generally not change, and will only increase if dividends are paid.

At the same time, there is a certain relationship between the position amount and the position share, which is generally proportional. The more positions, the more shares. On the contrary, the less the position, the less the share.

For example, when an investor buys a fund, the fund share is obtained by deducting the formalities fee from the investor's purchase funds and dividing it by the net value of the fund at the time of confirmation, that is, the fund share = (purchase funds-formalities fee)/confirmed net value. For example, if an investor buys a fund of 654.38 million yuan, the redemption rate is 1.5%, and the confirmed net value of the fund is 65438+.

In short, when investors' funds and fund net value are fixed, the higher the subscription rate, the less fund shares they buy, and the lower the subscription rate, the more fund shares they buy.

At the same time, the following situations will lead to different positions and redemption amounts:

1. A certain redemption fee will be charged when the fund is redeemed, and the redemption fee will be deducted from the redemption fund, which will lead to the difference between the investor's position and the redemption amount.

2. When the investor redeems the fund after 15:00, the redemption fund shall be calculated according to the net value announced in the evening of the next trading day. When the net value of the fund changes, the position amount and redemption amount will also be different. For example, if the fund's net value rises, the redemption amount will increase; conversely, if the fund's net value falls, the redemption amount will decrease.