The net value of a fund unit is the net asset value of each fund unit, which is equal to the balance of the total assets of the fund minus the total liabilities and then divided by the total number of unit shares issued by the fund.
The subscription and redemption of open-end funds are carried out at this price. The transaction price of closed-end funds is the known market price at the time of trading; On the other hand, the unit transaction price of the open-end fund depends on the net asset value of the unit fund, which is unknown at the time of subscription and redemption (but it can be calculated after the market closes on the same day and announced on the next trading day).
Extended data:
The southern component was transformed from the closed-end fund Jinyuan. On May 4, 2007, 14, the listing of the fund was closed. After centralized open subscription, on May 2, 20071day, the original fund share holders were converted according to the ratio of 3.205 18002. Because the registrants of closed-end funds and open-end funds are different, the original fund holders can conduct normal fund transactions only after the fund is confirmed.
If it is necessary to redeem the fund, the fund redemption handled before T day (trading day) 15:00 can be received within T+3 working days of the direct sales channel and T+4 working days of the agency. The specific time when the funds arrive in the account shall be subject to the settlement time of the funds of each sales organization. ?
Southern fund official website-Southern Component A- Net Fund Value
Baidu Encyclopedia-Fund Unit Net Value
Southern fund official website-South Component A- Fund Q&A