Current location - Trademark Inquiry Complete Network - Tian Tian Fund - When is the net purchase value of the fund calculated?
When is the net purchase value of the fund calculated?
Most funds buy their net value according to the subscription date, but there are some special circumstances. For example:

If the payment is successful before September 20th (Monday) 1 or 15:00, the net value of the fund shall be calculated according to the net value of September 16;

2. From Monday, September 20th 15:00 to Tuesday, September 20th 15:00, the net value of the fund is calculated according to the net value of September 17, and legal holidays are not included in the trading day.

Trading time generally refers to 9: 30- 15: 00 on the working day of the day. There is a very important time point, that is, before 15:00, 15:00, buy the fund according to the net value of the fund on that day, and after 15:00, buy the fund according to the net value of the fund on the next day. So you may not feel it, it seems that it is only calculated according to different prices, but there is a time difference between the two prices.

1. daily fund net value: the daily fund net value must be calculated after the market closes, usually at seven or eight o'clock in the evening, so we see the fund net value of the previous day every day, but the fund net value of that day is invisible. Simply put, look at yesterday's price today, look at today's price tomorrow, and look at tomorrow's price the day after tomorrow.

2. Fund transaction: Fund transaction is a circulation and transfer activity that takes the fund as the transaction target and bears risks and benefits.

(1) According to whether the fund share can be increased or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are unlisted transactions, which are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on stock exchanges. Investors buy and sell fund shares through the secondary market.

(2) According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds. ; Selling includes redemption, liquidation, etc. Purchase includes fixed investment, subscription, subscription, etc.

3. The valuation of fund unit net value refers to the estimation of fund net asset value at a certain price. Calculating the net asset value of unit fund is the key. Funds usually invest in various investment instruments in the securities market, such as stocks and bonds. Because the market price of these assets is constantly changing, only by recalculating the net asset value of the unit fund every day can the investment value of the fund be reflected in time.