How to calculate the discount rate of closed-end funds?
The discount rate is mainly based on the net value of fund shares, and the loss of unit market price relative to the net value of fund shares. As the name implies, the discount rate refers to the ratio of the difference between the net fund share value and the market price of closed-end fund units to the net fund share value. Calculation formula of discount rate: discount rate = (transaction price-fund unit net value)/fund unit net value × 100%.
If the calculation result is negative, it is the discount rate; If it is positive, it is the premium rate. For example, when the market price of a closed-end fund is 1.5 yuan and the net fund value is 1.8 yuan, the discount rate of the fund is: (1.5-1.8)/1.8 =-/kloc-.
The higher the discount rate of closed-end funds, the better?
Generally speaking, the higher the better. This is because the higher the discount rate of closed-end funds, it shows that there is a big gap between the transaction price and the net value of closed-end funds, which has certain investment value. However, there are many and complicated factors affecting the financial market, and it is impossible to comprehensively measure the future growth ability of the fund only from the discount rate. It is also necessary to analyze the causes and effects of high discount rate from the perspective of asset management of fund companies in combination with the stage characteristics of the whole market.
The above are some contents of the discount rate of closed-end funds, hoping to help you.