1, how to set the fund price?
The purchase and redemption of open-end funds adopt the trading principle of "unknown price". The purchase or redemption before 15:00 trading day is based on the trading benchmark, and the purchase or redemption after 15:00 trading day is based on the trading benchmark.
In general, 15:00 refers to the time when funds arrive in the account of the fund company. If the investor purchases before 15:00, but the funds arrive after 15:00, it will also be calculated according to the net value of the next day.
If an investor buys a fund on Friday or after the last trading day before the holiday 15:00, the net value will be calculated according to the net value of the first trading day after the holiday, because it is not traded on weekends and legal holidays.
The calculation method of fund unit net value is: (total assets-total liabilities)/total fund shares. The net value of the fund needs to be inquired on the next trading day, that is, when investors buy and redeem the fund, they see the net value of the previous trading day, not the net value of the day.
2. The lower the fund price, the higher the expected return on investment?
Many inexperienced investors will take the fund net value as the standard for purchasing funds, thinking that the lower the fund unit net value, the higher the expected return on investment. Actually, this is a wrong concept. The expected return of the fund will not be affected by the size of the unit net value. Low unit net worth does not mean that it is cheap or has a large room for growth, and vice versa.
The above content about how to set the fund price, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.