The Difference between Fund Net Value and Valuation in 2021_Objects and Principles of Fund Valuation Many investors will encounter a problem in fund investment, that is, the valuation of the fund on the software has increased very well, but they found out when the fund net value was announced at night

The increase was far less than expected, so some investors suspected that the fund company had secretly taken it away.

The following is the difference between the net value and valuation of funds in 2021 compiled by the editor_the objects and principles of fund valuation, for reference only, I hope it can help everyone.

How to calculate fund valuation? The main purpose of buying funds is to make money, but it does not mean that you can make money just by buying a fund.

When we buy a fund, we need to value the fund's assets. This will help us effectively buy and sell the funds we buy, so as to maximize benefits. Let the editor tell you how to calculate the fund valuation.

Estimating the net asset value of a fund at a certain price is what we call fund valuation.

During the operation of the fund, changes in the fund's asset value and expected annual return will lead to changes in the price of fund units, which can no longer appear at the price at the time of issuance.

How to calculate fund valuation? In order to price and quote the fund more accurately, so that the fund price can more accurately reflect the true value of the fund, it is necessary to calculate the actual representative value of each unit or share of the fund at a certain point in time.

The value is estimated and the valuation results are published as net asset value.

How to Calculate Fund Valuation The method we use to calculate the net asset value of a fund refers to the actual value represented by each unit of a lending fund at a certain point in time, which represents the intrinsic value of the fund unit price.

The calculation of the total net asset value of the fund and the calculation of the net asset value of the fund units are both required to calculate the fund's net asset value.

Total fund net asset value = total fund assets - total fund liabilities.

Fund valuation calculation formula: Fund unit net asset value = total fund net asset value/total number of fund units.

Listed and tradable stocks are valued based on the closing price of the stock exchange on which they are located on the valuation date; the premise of valuation based on the closing price on the most recent trading day is that there were no transactions on the valuation day, and the economic environment has not changed significantly since the most recent trading day; such as the recent

If the economic environment changes significantly after the transaction date, the latest transaction market price can be adjusted to determine a fair price by referring to the current market price of similar loan products and major changes.

What is the difference between fund net value and valuation? The biggest difference between fund net value and valuation is that fund net value is the price calculated by the fund company, while fund valuation is the price estimated based on relevant data. This estimator can be the fund website

It may also be some financial management software.

Therefore, one is calculated based on actual positions and operations, and the other is calculated based on past data, so there will be many differences between the two data.

In fact, fund valuation refers to the process of calculating the value of fund assets and liabilities based on fair prices and ultimately determining the net asset value of the fund and the net value of fund shares.

The net value of the fund refers to the current total net assets of the fund divided by the total shares of the fund. This is calculated by the fund company based on the closing price after the market closes every day.

What we can find from this is that the former is calculated based on the previous day's data in fund calculation, so there is a lag in the data source, while the latter is calculated based on the closing price, so there is real-time nature.

For example, if a fund manager reduces its position in a certain stock today, the position of the stock will change, which will result in a change in the fund's position. If the calculation continues to be based on yesterday's position, then this is inconsistent with the actual situation. Therefore, this

This is the most important reason for the disparity between net worth and valuation.

In general, valuation and net worth are the difference between expectations and reality. Valuation can only be used as an investment reference and must not be used as net worth.

However, we can understand the actions of the fund manager from the comparison of fund valuation and fund net value. For example, there is a large difference between fund valuation and fund net value, which means that the fund manager is likely to adjust positions and exchange shares.

The object of fund valuation refers to all assets held by the fund, including securities assets such as stocks, bonds and allotment warrants, cash assets such as bank deposits and liquidation reserves, and receivable items such as interest receivable.

, as well as the investment valuation and appreciation that should be regarded as assets in accordance with relevant regulations.

At the same time, in order to calculate the fund's net asset value, all liabilities assumed by the fund also need to be evaluated.

Principles of fund valuation According to the "Securities Investment Fund Accounting Measures", fund valuation should follow the following principles: 1. Any listed and circulating securities shall be valued at the market price listed on the stock exchange on the valuation date (average price or

Closing price) valuation; if there is no transaction on the valuation day, learn stock trading with zero foundation, and use the market price of the most recent trading day for valuation.

2. Unlisted stocks should be treated according to the following situations: (1) rights issues and new issuances, valued based on the market price of the same stock listed on the stock exchange on the valuation date; (2) initial public offering of stocks, valued based on cost

.