There is a difference between buying a fund, valuation and fund net value. If you don't know much about funds, you may be confused. For example, what do you mean by the valuation and net worth of the fund? So today's Bian Xiao shared the valuation and net value of the fund, hoping to help you. Let's take a look!

What do you mean by fund valuation and net worth?

Fund valuation: it is to calculate and evaluate the asset value of the fund according to the fair price, and it is also a forecast of the net value of the fund. Generally, when the day approaches 15:00, the deviation between the fund valuation and the fund net value will not be too far.

Net fund value: the net fund value, also known as the net fund unit value, refers to the net asset value of a fund, and the calculation formula is: (total fund assets-total fund liabilities) ÷ total issued fund shares.

Take a simple example: suppose the total assets of the fund are 200 million yuan, the total liabilities are 200 million yuan, and the total issuance share is 65.438+500 million copies, then the net value of the fund is 0.6 yuan.

Is it better for funds to buy high net worth or low net worth?

In theory, the lower the net value of the fund, the greater the upside. However, if the net value of the fund is too high, there is limited room for future growth, because the fund is a volatile product and there is exit risk. However, it should be noted that the net value of the fund is only a relative concept.

When buying a fund, it still depends on the direction of the fund investment target, fund manager, industry analysis, fund size analysis, etc. Because when investors invest in a good fund, although the net value of the fund they buy is relatively high, if the fund is still rising, investors can make money. If they invest in a bad fund, even if the net value of the fund is low, the fund will always fall, and investors will lose money.

The differences between them are as follows:

First, the calculation method is different.

1. Fund valuation: The valuation calculation has the characteristics of consistency and openness. Consistency means that the fund adopts the same valuation method and abides by the same valuation rules when valuing assets; Openness means that the valuation method adopted by the fund needs to be publicly disclosed in the fundraising documents stipulated by law. If the fund changes its valuation method, it needs to be disclosed in time.

2. Fund net value: the net value is divided into known price calculation and unknown price calculation.

(1) Calculation of known price: known price, also called historical price, refers to the closing price of the previous trading day. The known price calculation method is that the fund manager calculates the financial assets (total value of stocks, bonds, futures contracts, warrants and cash assets) owned by the fund according to the closing price of the previous trading day, and divides them by the total amount of fund shares sold to get the net asset value of each fund share. Using the known price calculation method, investors can know the buying and selling price of the unit fund on that day, and can go through the delivery procedures in time.

(2) Calculation of unknown price: The unknown price, also known as futures price, refers to the closing price of various financial assets in the securities market on that day, that is, the net asset value of the fund unit calculated by the fund manager according to the closing price on that day. When this calculation method is implemented, investors don't know the price of the fund bought and sold that day, and they don't know the price of the unit fund until the next day.

Second, the nature is different.

1. fund valuation: valuation is a comprehensive evaluation of the fund's current situation. It tries to be accurate, but the requirements are not very strict, and it is acceptable if it is different from the final result.

2. Net fund value: As the net fund share value is the calculation basis of the purchase and redemption amount of open-end funds, it is directly related to the interests of fund investors, which requires that the calculation of the net fund share value must be accurate.

What do you mean by fund valuation and net worth?

Fund valuation: it is to calculate and evaluate the asset value of the fund according to the fair price, and it is also a forecast of the net value of the fund. Generally, when the day approaches 15:00, the deviation between the fund valuation and the fund net value will not be too far.

Net fund value: the net fund value, also known as the net fund unit value, refers to the net asset value of a fund, and the calculation formula is: (total fund assets-total fund liabilities) ÷ total issued fund shares.

Take a simple example: suppose the total assets of the fund are 200 million yuan, the total liabilities are 200 million yuan, and the total issuance share is 65.438+500 million copies, then the net value of the fund is 0.6 yuan.

Is it better for funds to buy high net worth or low net worth?

In theory, the lower the net value of the fund, the greater the upside. However, if the net value of the fund is too high, there is limited room for future growth, because the fund is a volatile product and there is exit risk. However, it should be noted that the net value of the fund is only a relative concept.

When buying a fund, it still depends on the direction of the fund investment target, fund manager, industry analysis, fund size analysis, etc. Because when investors invest in a good fund, although the net value of the fund they buy is relatively high, if the fund is still rising, investors can make money. If they invest in a bad fund, even if the net value of the fund is low, the fund will always fall, and investors will lose money.

Can the fund be bought and sold on the same day?

Some funds can be bought and sold on the same day, while others cannot be bought and sold on the same day, whether on or off the market. At present, the on-site funds of T+0 in China include: overseas ETFs, currency ETFs, bond ETFs and resource ETFs. When investors buy funds, they can find the trading rules of T+0, so they can buy and sell on the same day.

It should be noted that on-site funds are traded in real time, but because the trading systems of on-site funds and stocks are similar, they both belong to the T+ 1 trading system, so they cannot be sold on the day of purchase.

Will there be any gains when the fund buys on the same day?

If the fund buys on the same day, there will be no income, because most funds calculate the income in T+ 1 working day, showing that the income time is T+2. Investors who bought before 15:00 working day will get profits the next day, and investors who bought after 15:00 working day will get profits the third day.

It should be noted that there is a handling fee for selling funds. If the fund does not make money, it will be redeemed, and then the handling fee will be gone. Therefore, when buying the fund, you need to be cautious. Funds are venture investors. If funds are bought and sold frequently, but there is no income, they will lose a handling fee, which is not cost-effective, and the handling fee for short-term redemption of funds is relatively high.