Basic characteristics of investment fund evaluation: (1) Investment fund evaluation is the evaluation of the net asset value (share) of the fund, which refers to the process of determining the asset value of the fund by estimating all assets and liabilities owned by the fund according to certain principles and methods. (2) The net value of an investment fund is not only the value of the fund assets minus the value of the fund liabilities, but also the corresponding management fees and the corresponding excess returns of the managers. (3) The valuation of investment funds is based on the valuation of underlying assets, including currency, stocks, bonds, equity and other derivatives. When evaluating, we should go as far as possible into the underlying assets, analyze the underlying assets and evaluate their value.