The algorithm of fund valuation is complicated. The valuation platform will build a valuation model and calculate the valuation of the fund according to the annual report, semi-annual report, quarterly report, industry information, stock position ratio and other factors regularly published by the fund.
Difference:
1, the essence of which is different:
Fund valuation refers to the process of calculating and evaluating the value of fund assets and liabilities at fair prices to determine the net asset value and net fund share value.
The net value of a fund unit refers to the current total net assets of the fund divided by the total share of the fund.
2. The market has different functions.
Fund valuation is the net value of fund shares, and it is the calculation basis of most funds' purchase and redemption amount. Because it is related to the interests of fund investors, the calculation of fund share net value needs to be accurate and cautious.
The net value of funds varies from country to country. Under normal circumstances, the fund manager calculates and publishes the net asset value of the fund at the end of each working day and month.
3. Different calculation methods
Calculation method of fund valuation: the consistency of valuation methods means that the fund adopts the same valuation method when valuing assets.
Calculation method of fund net value: the calculation of fund net value is divided into known price and unknown price.
Extended data:
The calculation of fund unit net value includes the calculation of fund total net value and fund unit net value.
According to generally accepted accounting principles, the total net assets of the fund = the total assets of the fund-the total liabilities of the fund.
The total assets of the Fund include all the contents of the Fund's investment portfolio:
(1) The listed stocks and warrants owned by the Fund shall be subject to the closing price of the daily centralized trading market; Unlisted stocks and warrants are measured by qualified accounting firms or asset appraisal institutions.
(2) The listed bonds such as treasury bonds, corporate bonds and financial bonds held by the Fund shall be subject to the daily closing price; For unlisted companies, it is generally based on their face value plus the interest receivable on the calculation date.
(3) The short-term bills held by the Fund are based on the purchase cost plus the interest receivable from the purchase date to the calculation date.
(4) If there is no closing price or reference price on the calculation date specified in Article (1) and Article (2), the latest closing price or reference price shall be used instead.
Baidu Encyclopedia-Fund Unit Net Value