Compared with the sharp rise and fall of stocks, funds are investment varieties with higher participation of individual investors. Moreover, compared with other wealth management products, the fund is highly transparent, and the expected return of the fund is regularly updated.
Many investors who buy fund products want to know the rise and fall of the fund in real time, but when can investors see the rise and fall of the fund every day?
The fund goes up and down every day at 22:00.
NAV per fund refers to the current total net assets of the fund divided by the sum of fund shares .
The calculation formula is: net value of fund units = total net assets / fund shares. The net value of the fund unit is the net asset value of each fund unit, which is equal to the balance of the total assets of the fund minus the total liabilities and divided by the total number of units issued by the fund.
The trading price of closed-end funds is the known market price at the time of trading; by contrast, the trading price of fund shares of open-end funds depends on the subscription and redemption, which is unknown at the time of subscription and redemption (but it can be calculated after the market closes on the current day and can be calculated on the next trading day). Announcement) of the net asset value of fund units.
The total share of open-ended funds changes on a daily basis. Statistics must be carried out after the trading deadline of the day, and the net asset value of the unit on that day shall be divided by the net asset value of the fund on that day, as the basis for investors to subscribe and redeem.
Fund subscription and redemption are carried out on a daily basis, so the net asset value of the fund unit as the basis for trading must be calculated after the market closes every day and announced the next day.
The rise and fall of fund shares is determined by the rise and fall of the net value of fund shares. The net value of the fund on this trading day is higher than the net value of the fund on the previous trading day, which means that the fund has risen on this trading day.