1. Market fluctuation of fund investment varieties.
2, the operation ability of the fund management group.
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 subscription and redemption of open-end funds are carried out at this price. To know the factors that affect the change of fund net value, we must first understand the investment portfolio of the fund. Voting funds mainly invest in the stock market, allocation funds mainly invest in stocks and bonds, and bond funds mainly invest in various bonds. The fluctuation of stock market and bond market will directly affect the change of fund net value. In addition, the operational ability of fund managers is not excluded.
Factors affecting the transaction price of funds:
First: the net asset value of the fund unit
The net asset value of the fund unit is the intrinsic value of the fund unit and the most important factor to determine the fund price. The higher the net asset value of a fund unit, the higher the fund price and the lower the fund price.
The net asset value of fund units is mainly affected by three factors: the management level of fund managers, the trend and activity of securities market, and the income tax policy of funds.
Second: the activity of the fund market.
Generally speaking, the fund price is closely related to the fund market, and the activity level directly affects the activity level of fund transactions and the fund price. There are three main factors that affect the active trading in the fund market: the transaction cost of the fund, the speculative psychology of investors and the relationship between supply and demand in the fund market.
Third: the interest rate of bank deposits.
For investors, there are many investment options, such as depositing money in the bank, or directly investing in the securities market, or buying funds. If the interest rate of bank deposits increases, it will increase the attractiveness of bank deposits to investors, and some investors will increase bank deposits and reduce their holdings of funds, thus reducing the price of funds. On the contrary, if the bank deposit interest rate is lowered, the fund price will rise.