1, fund net value: fund unit net value: it is the current net asset value of the fund divided by the total fund share. People usually refer to funds mainly as securities investment funds.

2. The total number of open-end funds is different every day. It must be counted after the close of the day's transaction, and divided by the net asset value of the fund on that day to get the net asset value of the unit on that day, which can be used as the basis for investors to purchase and redeem. The subscription and redemption of funds occur every day, so the net asset value of fund units as the basis of transactions must be calculated after the daily market closing and announced the next day.

3. Regular funds are strictly supervised by the CSRC, and the net value of funds needs the approval of the CSRC, so it is impossible to make fraud.