The calculation of fund unit net worth requires the fund manager to update the fund's net asset value and share number every day, which is why the latest unit net worth is regarded as a real-time reflection of investors' investment income of the fund every day. The daily change of unit net value will also affect the subscription and redemption price of the fund.
The latest net asset value (NAV) refers to the total net asset value of a fund (including bonds, stocks, money market instruments, etc.). ) divided by the unit price of the total fund share. Net asset value is an important tool for fund managers, which reflects the fund's net asset value and investment performance.
The latest net asset value (NAV) refers to the total net asset value of a fund (including bonds, stocks, money market instruments, etc.). ) divided by the unit price of the total fund share. Net asset value is an important tool for fund managers, which reflects the fund's net asset value and investment performance.
Investors can understand the investment income and risk status of the fund by looking at the latest unit net value of the fund. For long-term investment funds, the latest change of unit net value is an important investment index. Generally speaking, the higher the latest unit net value of the fund, the better the investment performance of the fund. However, this does not mean that funds are the best choice, because the risks and benefits of investment are interrelated.
The latest unit net value is calculated by subtracting all liabilities from all assets of the fund and then dividing by the total share of the fund. So the latest unit net value is actually the net asset value of each fund.