The net value of the day is the net value of each fund obtained by the fund company after the end of each fund trading day by comparing the net asset value of the fund with the total fund share.
The daily net value of the fund is calculated by the fund company, and the formula is as follows:
Net value of fund shares on that day = (total assets-total liabilities)/total number of fund shares
Among them, total assets refer to all assets owned by the fund, including stocks, bonds, bank deposits and other securities; Total liabilities refer to liabilities arising from fund operation and financing, including expenses payable to others and interest payable on funds. The total number of fund shares refers to the total number of fund units issued at that time.
The fund net value of the day refers to the fund net value announced by the fund company after the closing of the securities market on that day (15:00).
Funds subscribed before the trading day 15:00 shall be calculated according to the net fund value announced by the fund company after the closing of the securities market on that day. /kloc-funds subscribed after 0/5: 00 trading day or non-trading day shall be calculated according to the fund net value announced by the fund company after the closing of the securities market on the next trading day.
The net value of the day is the real value of the fund on the day, which is generally close to the transaction price, otherwise there will be a discount premium! The transaction price is lower than the net value, which means that the fund is discounted, which is equivalent to buying a high-value fund at a low price.