What is the valuation of the fund? It 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. It is a method to predict the net value of funds through estimation. Do you know the principle of fund valuation?

What are the principles of fund valuation?

Mainly divided into two situations:

1 The investment product market is active.

① There is a quotation on the valuation date: the quotation should be used to determine the fair value.

② No quotation on the valuation date: if there is no significant event affecting the fair value measurement after the recent trading day, the fair value shall be determined by the quotation of the recent trading day; If there is sufficient evidence that the quotation on the valuation date or the latest trading day cannot truly reflect the fair value, the quotation should be adjusted to determine the fair value.

There is no active market for investment products.

Fair value should be determined by the valuation techniques used in the current situation, and supported by sufficient available data and other information.

Based on whether there is an active market for fund investment varieties, this paper analyzes how to determine the fund valuation quotation. If there is a major change in the economic environment or a major event affecting the securities price of the securities issuer, so that the potential valuation adjustment has an impact on the net asset value of the fund on the previous valuation date of more than 0.25%, the valuation should be adjusted and the fair value should be determined.