The total fund share is how many funds you hold, similar to how many stocks you hold; The total amount of the fund is the total value of the fund you hold, which is equivalent to the total share × net value.

The total number of fund shares refers to the total number of fund shares issued at that time.

When calculating the net asset value of fund shares, the fund must be valued. Fund valuation is the key to calculate the net value of fund shares. Funds usually invest in various investment instruments in the securities market, such as stocks and bonds. Because the market prices of these assets are constantly changing, only by recalculating the net value of fund shares every day can the investment value of the fund be reflected in time.

When calculating the net value of fund shares, three parameters are needed, namely, total fund assets, total fund liabilities and total fund shares. This entry only discusses the related issues of the total number of fund shares.

Baidu Encyclopedia _ Total Fund Share