The basic assets of equity funds are stocks. When we understand the stock market, we sometimes find that the stocks with heavy positions in the fund have gone up, but the net value of the fund has fallen. So what is the reason?

Why do stocks go up and funds go down?

1 The embarrassment of the fund is not updated in real time, and what we know may only be the embarrassment before.

The fund's position information is only published once every quarter, and the fund company will publish the asset allocation and the details of the top ten stocks in the quarterly portfolio report every quarter, which is required by law to be published within 15 working days after the end of each quarter.

If it is an on-site fund, it includes two prices: the transaction price and the net value. The former will be affected by the market trading behavior, while the latter is calculated according to the stock price. If the two deviate too much, the changes of the two will also deviate to some extent.