The net value of a fund unit is the net asset value of each fund unit, which is equal to the balance of the total assets of the fund minus the total liabilities and then divided by the total number of unit shares issued by the fund.

The total number of open-end funds is different every day, so it must be counted after the closing date of the transaction, and divided by the net asset value of the fund on that day to get the net asset value of the unit on that day, which can be used as the basis for investors to purchase and redeem.

The subscription and redemption of funds occur every day, so the net asset value of fund units as the basis of transactions must be calculated after the daily market closing and announced the next day.

Second, the calculation method of fund net value

Since the prices of stocks and bonds held by the Fund basically change every trading day, the unit net value of each trading day also changes, which is rarely the same as the previous day. After the stock market closes every day, the fund company will summarize the closing prices of stocks and bonds on that day and calculate the unit net value of the fund's subscription and redemption shares, and announce them one after another from 18: 00 to 2 1: 00.

Management fees and custody fees have been deducted from the net value of the fund unit. The subscription and redemption of open-end funds are calculated at this price, but the redemption fee should be deducted when redeeming.

Third, how to correctly treat the net value of funds

The level of fund net value is not the main basis for choosing a fund, but the future growth of fund net value is the key to judge the investment value. The level of net worth is not only influenced by the management ability of fund managers, but also by many other factors.

This shows that the net value of the fund is not as high as possible. Because the level of the fund's net value does not fully represent the quality of the fund, the change of the fund's net value in the future is unpredictable, and any fund may go up, level off or go down.

Furthermore, there are many factors that affect the net value of the fund. For example, a fund company established early has no dividends and its net worth is definitely high. And if the fund has just been established or the timing of entry is not good, the net value of the fund is likely to be relatively low.

Therefore, it is undoubtedly wrong to buy a fund only by looking at its net value. The choice of fund products mainly depends not on how high the net value of the fund is, but on the growth of the net value of the fund in the future, and also on the accumulated net value of the fund and the establishment time.

Moreover, the high net worth of the fund only reflects the past performance of the fund from a certain aspect, which is not comprehensive. If you want to measure the performance of the fund, you should also look at its dividend part. And when choosing a fund, we should not only look at the performance, but also consider the degree of risk.