The money fund has income every day, and records the income once a month to increase sharing. The net value is constant (always 1 yuan), and the share is increasing, so how much share is there? The risk is extremely low, and the income is slightly higher than that of time deposits.
The share of other open-end funds remains unchanged, and the net value fluctuates with the price of their investment products such as stocks, and the net value changes every day. Only when certain conditions are met can dividends be paid, and the return may be higher, but the risk is also greater.
Net fund value = total assets/fund share
The valuation of fund unit net value refers to the estimation of fund net asset value at a certain price. Calculating the net asset value of unit fund is the key. 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.