The discount rate of an ETF fund is the difference between the net value and the market value, and the discount rate is the ratio of this difference/net value.

The discount value refers to the difference between the net value and the market price. The discount rate is the discount rate of the closed-end fund. The premium rate should be the premium rate of the closed-end fund. Generally, if the market price is lower than the net value, it is called a discount. The discount rate is:

(Net value - market price) / Net value * 100% indicates a discounted transaction.

As a financial product, the market price of expanded information funds is not only its actual value, but also its liquidity and expected returns.

It is normal for a closed fund to have a certain discount. First of all, its liquidity is relatively poor. Due to the small size of the fund, once there is a large-scale reduction of holdings, it will definitely cause short-term fluctuations in the net value of the fund. At the same time, when market participants expect the future of the fund

When there is a risk of falling net worth, there will be a certain discount.

According to different organizational forms, they can be divided into corporate funds and contract funds.

A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; it is established by a fund manager, a fund custodian and an investor through a fund contract, which is usually called a contract fund.

my country's securities investment funds are all contract funds.