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As for the fund, it is usually trading from 9: to 15: . When it closes at 15: , is the net value of this fund already determined?

Generally, when the fund closes at 15 o'clock, the net value of this fund is determined.

1. Most funds investing in the domestic market usually close at 15 o'clock, because the prices of securities such as stocks and bonds have been determined, the market value of the securities has been determined.

2. However, to calculate the net value of the fund, we must also consider the subscription and redemption of the day, and deduct or accrue various expenses such as management fees, custody fees, subscription fees and redemption fees. The fund company calculates the net value according to the relevant data, which is obtained between 16 o'clock and 19 o'clock.

3. If the fund can invest in stock index futures, the stock index futures trading will not end until 15:15, so the net value will be determined later.

Extended information:

Classification

According to different standards, securities investment funds can be divided into different types:

(1) According to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (it depends on the situation), and the fund size is not fixed through subscription and redemption by banks, brokers and fund companies; Closed-end funds have a fixed duration, generally listed and traded in securities exchanges, and investors buy and sell fund units through the secondary market.

(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. Funds are established by issuing fund shares to establish investment fund companies, which are usually called corporate funds; Fund managers, fund custodians and investors are established through fund contracts, which are usually called contractual funds. China's securities investment funds are all contractual funds.

(3) According to the difference of investment risks and returns, it can be divided into growth funds, income funds and balanced funds.

(4) According to different investment objects, it can be divided into stock funds, bond funds, money market funds, futures funds, etc.

trust funds

trust funds, also known as investment funds, are a kind of collective investment mode of "benefit * * * and risk * * * *": it refers to the way of issuing fund vouchers (such as income vouchers, fund units and fund shares) in the form of contracts or companies, which

pools the unequal funds of most investors who are uncertain in society to form a certain scale.

characteristics of trust funds:

1. collective investment

2. expert management, expert operation

3. portfolio investment, risk diversification

4. separation of asset management from asset custody

5. benefit sharing, risk bearing

6. pure investment. Then decide whether to redeem or not, and make a choice on the timing. If it is a bull market, it can be held for a while to maximize the benefits. If it is a bear market, it is redeemed in advance, and it is safe to leave the bag.

second: converting into other products

converting high-risk fund products into low-risk fund products is also a kind of redemption, for example, converting stock funds into money funds. This can reduce the cost, the conversion fee is generally lower than the redemption fee, while the money fund has low risk, equivalent to cash, and the income is higher than the current interest. Therefore, conversion is also a redemption idea.

third: regular fixed redemption

like regular investment, regular fixed redemption can do daily cash management and stabilize market fluctuations. Regular fixed redemption is a redemption method with regular fixed investment.

Reference: Baidu Encyclopedia-Fund