The reason why the net value of the fund cannot be displayed in real time is that there may be transactions in the fund manager's intraday trading, and the redemption and subscription of the fund every day will affect the net value of the fund. Moreover, OTC funds do not need to show their net value in real time, because every trading day is calculated according to the closing net value.

The net value of a fund unit refers to the value of each fund and is an indicator to measure the value of the fund. Net value of fund unit = total net asset value of fund/total share of fund unit, and the subscription and redemption of open-end funds are carried out at this price.