If investors buy funds after the last trading day 15: 00, they will calculate their shares according to the net value announced that night, and generally confirm their shares around 9: 30 the next day. If investors buy after the last trading day 15: 00, their subscription application will generally be submitted the next day, and the share will be calculated according to the net value announced the next night, and the share will be confirmed on the next trading day.

The fund is calculated by share, and the fund has a net value every day. After deducting the amount of fixed investment on that day of each month, divide it by the net value of the fund on that day, and your share is the total share.

500 yuan, the amount of funds subscribed, minus the subscription fee, divided by the net value on the day of subscription, will get the number of shares.

Because the net value changes every day, the share of each purchase is different. After a fixed investment of 2 1 month, the total investment is divided by the total number of shares to get the average cost.

When calculating the income, multiply the total score by the net value of the day, and compare it with your own investment, and you will know whether it is a loss or a gain, and what you earn is a gain.

Fund share refers to the certificate issued by the fund sponsors to investors, indicating that the holder enjoys the right to distribute income, the right to obtain the remaining property after liquidation and other related rights according to his share, and assumes corresponding obligations.

The fund shares of closed-end funds can be traded in legally established securities exchange places, and other provisions are authorized if funds with other modes of operation need to be listed and traded.

Therefore, the listing of fund shares mentioned in this chapter refers to the listing of fund shares of closed-end funds. The listing and trading of fund shares refers to the open and centralized bidding of fund shares in the stock exchange upon the application of the fund manager and the approval of the the State Council Securities Regulatory Authority.

The calculation formula of fund share is:

Subscription share = net subscription amount ÷T-day net fund share value, and net subscription amount = subscription amount ÷( 1+ subscription rate). Generally speaking, when the net value of funds purchased by investors is low, the more funds invested, the more fund shares held by investors; On the other hand, when the net value of the funds purchased is high and the funds invested are small, the investors will hold less fund shares. For example, when the net fund value is 1 yuan, investors subscribe for10.5 million yuan and the subscription rate is10.5%, then the investor's subscription share is =150,000/(1+10.5%.