Funds usually invest in various investment instruments in the securities market, such as stocks and bonds. Because the market price of these assets is constantly changing, only by recalculating the net asset value of the unit fund every day can the investment value of the fund be reflected in time. The valuation principles of fund assets are as follows:
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.
Extended data:
The investment targets of Southern Component Select Fund are financial instruments with good liquidity, including domestic stocks (including depositary receipts, the same below), bonds and other financial instruments allowed by China Securities Regulatory Commission. Among them, the investment scope of stocks is the Shanghai and Shenzhen 300 constituent stocks and newly listed companies that have not been listed for 1 year, but meet other conditions for entering the Shanghai and Shenzhen 300 Index.
The investment portfolio of the Southern Component Select Fund is: stocks (including depositary receipts) account for 60%-95% of the fund's assets, among which the stocks invested in representative enterprises that drive the growth industry and leading growth enterprises in the industry are not less than 80% of the stock investment ratio;
Cash, bonds, money market instruments, warrants and other financial instruments account for 5%-40% of the fund's assets, of which the total proportion of cash retained by the fund and government bonds with maturity within one year is not less than 5% of the fund's net asset value, and cash does not include settlement reserve, margin and subscription receivable.
Southern fund official website-South Component
Baidu Encyclopedia-Fund Unit Net Value