The cost of the fund is negative, indicating that the premium is earned by investors.

The cost of the fund is negative, indicating that the premium is earned by investors.

Generally, when investors continue to cover positions at low levels or reduce part of their positions when they make a lot of profits, they may turn their costs into negative numbers.

For example, an investor buys 2,000 shares when the net value of the fund is 1 yuan, and then sells 1,000 shares when the net value of the fund rises to 2.5 yuan. Without considering the handling fees, the profit from selling 1,000 shares will be

Amortized evenly among the remaining fund shares, resulting in a negative holding cost.