Look at its concept and you will understand; Generally speaking, funds look at unit net worth and long-term accumulated net worth. Net asset value, NAV *** is the same as the total asset value of the assets owned by the fund calculated according to the market closing price of each business day. After deducting the costs and expenses of the fund on that day, the net asset value of the fund on that day is obtained. Divided by the total number of shares issued by the fund on that day, it is the net value per share.

Fund valuation is the key to calculate net worth.

The net asset value of a unit fund refers to the net asset value of the fund represented by each fund share. The formula for calculating the net asset value of fund units is: net asset value of fund units = (total assets-total liabilities)/total fund shares.

Among them, total assets refer to all assets owned by the fund (including stocks, bonds, bank deposits and other securities, etc.). ) calculated at fair price. Total liabilities refer to liabilities arising from fund operation and financing, including various expenses payable to others and interest payable on funds. The total number of fund shares refers to the total number of fund shares issued at that time.

Fund valuation is the key to calculate the net asset value of share funds. Funds usually invest in various investment instruments in the securities market, such as stocks and bonds. Because the market price of these assets is constantly changing, only by recalculating the net asset value of the share fund every day can the investment value of the fund be reflected in time. The valuation principles of fund assets are as follows:

1. Listed stocks and bonds are calculated according to the closing price on the calculation day. If there is no transaction on that day, it shall be calculated according to the closing price of the latest trading day.

2. Unlisted stocks are calculated at cost price.

3. Unlisted government bonds and unexpired time deposits are calculated according to the accrued interest plus principal on the valuation date.

4. Under special circumstances, when it is impossible or inappropriate to determine the asset value according to the above provisions, the fund manager shall handle it according to the relevant provisions.

The difference between net fund value, net fund share value and accumulated net fund value.

Net fund value is the net asset value of fund shares, referred to as net asset value (NAV), also called the net asset value of each fund share.

The calculation formula is: net asset value of fund share = (total assets-total liabilities)/total fund share. 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 various expenses payable to others, interest payable on funds, etc. The total number of fund shares refers to the total number of fund shares issued at that time. The total share of open-end funds changes every day, so the statistics after the end of the day's transaction shall prevail. After the close of each trading day, the net asset value of the fund on that day is divided by the total number of fund shares at the close of the trading day to get the net asset value of the shares on that day.

The net value of share funds is an important indicator to reflect the performance of funds, and the transaction price of open-end funds is determined on the basis of the net value of each fund share. Because the value of assets owned by the fund always changes with the fluctuation of the market, the net value of the fund will also change constantly.