Index funds are fund products with specific indexes (such as Shanghai and Shenzhen 300 Index, Standard & Poor's 500 Index, Nasdaq 100 Index, Nikkei 225 Index, etc.) as the target. ) as the underlying index, and take the constituent stocks of the index as the investment object, build a portfolio by buying all or part of the constituent stocks of the index, and track the performance of the underlying index. The purpose of index fund is to reduce the tracking error, make the change trend of portfolio consistent with the underlying index, and thus obtain roughly the same rate of return as the underlying index.

What does the daily increase of the fund mean?

The estimated increase refers to the difference between the estimated net value of stocks and bonds held by the Fund and the increase in the net value of the previous trading day in the latest quarterly report of the Fund. Because it is estimated according to the quarterly report, there will inevitably be deviations, such as the high turnover rate of the fund, and the deviation will be even greater.

The daily increase is the difference between the net value actually calculated by the fund company after deducting the expenses according to the stock and bond assets held by the fund every day and the net value increase of the previous trading day.

How to calculate the daily increase of the fund?

Price fluctuation (%) = (current price-closing price of last trading day)/closing price of last trading day * 100%

Funds have broad and narrow definitions. A fund in a broad sense refers to a certain amount of funds set up for a certain purpose. Such as trust and investment funds, provident funds, insurance funds, retirement funds and various foundations. People usually refer to funds mainly as securities investment funds.