We should know that a fund is a tool to entrust a professional institution (fund company) to help investors invest in a basket of subject matter, including stocks, bonds, money and real estate, and even the fund itself. The net value of the fund reflects the total market value of each asset currently held.
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.