Current location - Trademark Inquiry Complete Network - Tian Tian Fund - When I bought a fund worth 1,000 yuan, it increased by more than 90 yuan, ***1090 yuan, 1.5%. How come I only got more than 970 yuan when I sold it?
When I bought a fund worth 1,000 yuan, it increased by more than 90 yuan, ***1090 yuan, 1.5%. How come I only got more than 970 yuan when I sold it?

The 970 you see is fund shares, not the 970 yuan fund.

Fund shares and the market value of fund assets are two different concepts. The market value of fund assets is equal to the share held x the net value of fund units.

Fund redemption is a method of redeeming fund shares, that is, when redeeming a fund, an application is made based on the shares sold, rather than based on the amount sold.