Assets refer to amounts, while sales refer to shares. The two are not equivalent concepts.

If factors such as transaction costs are put aside, the assets after buying a fund = net value of the fund * shares. Because the net value changes every day, it may be greater than 1 or less than 1, so there are various relationships between the amount of assets and shares.

possible.

This is something that friends who are new to funds often have questions when redeeming. This is because the fund adopts the principle of "unknown price" transaction. When buying, you don't know how many shares you can buy. When you sell, you don't know how many shares you can buy.

I don’t know how much money I sold at the time, so I need to base it on the net value on the day of the transaction.

Therefore, there is no way to know how much money can be sold when selling. You can only trade in shares. The specific selling amount will not be known until the next day's confirmation.

This is also the reason why when selling, you can only sell based on the share.

The final amount received also needs to take into account the net worth on the day of the transaction and the redemption rate.

Alipay Collection Share Fund share is the number of funds. Alipay fund share calculation is related to the subscription amount, subscription fee, fund unit net value, etc. The calculation formula is: fund share = fund subscription amount/(1+subscription rate)/fund unit net value

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Taking Invesco Great Wall Emerging Growth Mix as an example, assuming Xiaoxi buys 5,000 yuan, the buying rate is 0.15%, and the net unit value of the day is 1.533 yuan, then the fund share is: 5000/(1+0.15%)/1.533=3256.7.