Whether the net value is announced two days behind or the net value is announced that night, the fund subscription and redemption follow the principle of "unknown price" and the unknown price method, that is, when you buy and sell open-end funds, you buy them by the fixed amount method, that is, you want to buy a fund of 6.5438+10,000 yuan, but you don't know how many copies you can buy and how much each one costs. When you sell funds, you have a certain share, that is, you sold 5000 funds when you sold them, but you don't know how much each fund sold.
The "unknown price method" is used to prevent investors from deciding to buy or sell according to the securities market situation of the day, thus adversely affecting the interests of other fund holders. Avoiding arbitrage will adversely affect the long-term investors of the fund, and also contribute to the stable operation of the fund and the stability of the net value of the fund unit. Therefore, international open-end fund transactions adopt the "unknown price method".
So in essence, there is no substantial difference between the net value announced two days later and that announced that night.