The daily net value refers to the daily net asset value of the fund unit. The daily fund net value is an important indicator to reflect the fund performance, and the transaction price of open-end funds is determined on the basis of the net value of each fund unit. The calculation formula is: net asset value of fund units = (total assets-total liabilities)/total number of fund units.
The calculation formula is: net asset value of fund units = (total assets-total liabilities)/total number of fund units.
The daily fund net value is an important indicator to reflect the fund performance, and the transaction price of open-end funds is determined on the basis of the net value of each fund unit. Because the value of assets owned by the fund always changes with the fluctuation of the market, the net value of the fund will also change constantly.
It is the net value of the fund on a certain trading day and does not represent the transaction price. When purchasing and redeeming the fund, the citizen shall trade according to the net value of the fund on the trading day when submitting the application.