1, the market price is the transaction price of the fund on that day, and the net value refers to the ratio of the net asset value of the fund to the fund share. There are many reasons for the discount of closed-end funds.

2. The price of closed-end funds includes the issue price in the primary market and the transaction price in the secondary market. The issue price of a fund refers to the price determined by the fund issuer to sell the fund shares to the fund investors when the fund is issued; Fund market price refers to the price at which fund investors buy and sell fund shares in the securities market. The price of open-end fund refers to the price at which fund holders buy or redeem fund shares from fund companies, which is calculated based on the net asset value of the fund.

3. Net value of fund unit: refers to the current total net assets of the fund divided by the total share of the fund. People usually refer to funds mainly as securities investment funds.