Net fund value refers to the total assets of the fund calculated according to the market closing price of each trading 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 units issued by the fund on the same day, it is the net value of each fund.
Net worth generally appears in the information of net worth wealth management products, which refers to the net asset value of each unit share product. The calculation formula is: unit net value = total net assets/product share. For example, on July 2, 2020, the net value of a fund share was 1.0486 yuan, and the cash dividend distributed in April this year was 0.025 yuan per fund share, so the cumulative net value =1.0486+0.025 =1.0736 yuan.
The initial net value of wealth management products is generally 1, but the net value of products will change, with ups and downs, and it is generally announced in fixed cycles such as day, week or month. In the past, bank wealth management products all announced the expected expected rate of return. After the products are held to maturity, investors can generally get the actual expected return roughly equivalent to the expected rate of return, which has the nature of rigid redemption. The net value is the price of the fund on that day. It must be related to the increase. The rise and fall of the day directly determines the change of the net value of the fund on that day.
It should be noted that the net value of the fund is different from the accumulated net value of the fund and cannot be used as a reference to judge the growth trend and performance of the fund. Because the net value of the fund will change with dividends and elimination. Join a fund with a net value of 1.8 yuan, and after dividends are distributed to 0.3 yuan, the net value of the fund will become 1.5 yuan. The value of this 1.5 yuan will be the basis of fund transactions, but it cannot truly reflect the development of this fund.
What is the function of fund net worth?
The net fund value is an important index used to calculate the expected annualized expected return of the citizens. At the same time, the net value of the fund is also the basis for fund trading in the fund market. If the net value is too high, it means that the theme has been rising for some time. If the subject matter is under pressure, there is a high probability of a callback in the market outlook. After the theme is adjusted back, the net value of the fund unit will fall. On the contrary, the net value of the stock is not high, and there is no sign of a correction in the subject matter, so the opportunities in the market outlook outweigh the risks.