1. From the perspective of the market, that is, using securities software, you will find the fund after landing, and there will be a real-time premium rate. For example, you can use software such as Oriental Fortune and Straight Flush.
Step 2 do it yourself
The spot price can be found through securities software, and the real net value of the fund will not be announced until the evening. You can check the net value of the fund with the official fund company, and then calculate the discount or premium.
Discount premium rate = (field price-net fund value)/net fund value
Personally, downloading stock trading software, such as Great Wisdom, can display the real-time trading price of LOF funds, which is the simplest and most convenient method.
LOF funds sometimes have discounts and sometimes have premiums. In most cases, this discount (or premium) rate will not be too high. Generally speaking, LOF is prone to premium in the process of continuous market rise, and LOF is prone to discount in the process of panic decline. Because LOF can be traded in the primary market and the secondary market at the same time, and the net value is published once a day, this discount premium is generally not too large. If you plan to buy LOF funds in the secondary market, you must go through the relevant procedures for stock trading without opening a fund account. If you plan to buy LOF funds in the primary market, you must open a fund account. Generally, the related expenses in the secondary market are relatively cheaper. Advantages of buying LOF funds in the secondary market: the cost is cheaper than that in the primary market; LOF will be sold soon, sold on the same day and received the next day (postponed on holidays).
Fund discount rate means that the market price of closed-end funds is lower than the net asset value; NAV)。 For example, if the market price of a closed-end fund is 17 yuan and the net NAV is 20 yuan, then we say its discount rate is (17-20)/20=- 15%.
It is normal for closed-end funds to have a discount rate. However, in the first decade of the stock market, there will be a state of net NAV 20 yuan and market price 60 yuan premium. There is no discount rate at this time, only premium rate. According to the experience at home and abroad, it is normal for closed-end funds to discount their trading prices. In addition to investment objectives and management level, the discount rate of closed-end funds is an important factor to evaluate closed-end funds, and investors with high discount rate of closed-end funds have certain investment opportunities. [ 1]
As for open-end funds, the discount rate is always zero. Because the market price of open-end funds is based on the net value, the net value NAV is 20 yuan, and the market price is 20 yuan, so there will never be a discount.