What is the time for the release of the net value of the fund?

Net worth is a value that reflects the company's performance changes in the process of investment operation, and today we will discuss the relevant provisions of net worth. Net worth generally refers to the net value of the unit, which is the current total net worth divided by the total share. Net Unit Value = Total Net Assets **Share.

Purchase**: Monday to Friday (under normal circumstances) is subject to the time of application (arrival), before 15:00, according to today's net value.

After 15:00, the next day's net value will be pressed. Generally speaking, it is based on the funds to the ** company, which is divided into 15:

Before 00 and after 15:00. Examples:

Redemption**: Redemption before 15 o'clock on the trading day, calculated according to the **net value announced by the company **after the same day, otherwise the **net value after the next trading day**. Currency** and short-term debt** are generally redeemed within two working days, and others** are generally received within five working days.

Financial experts suggest that when investors encounter large-scale subscription and redemption, it is best to decide whether to subscribe and redeem within 2 pm to 3 pm on the same day, so that the net unit value of ** can be estimated. Open-ended trading adopts the unknown price principle, and the daily net value (i.e. the transaction) is calculated after the current day, so you don't know what the transaction is at the time of subscription or redemption. The net value of the shares and the cumulative net value of the shares are published in the designated newspapers and periodicals.

**Net worth, refers to the **net asset value represented by each **unit, the calculation formula is the unit**net asset value (total assets, total liabilities) **unit total** cumulative net value refers to the sum of the latest net value and the dividend performance since its establishment, reflecting the cumulative income obtained since its inception (minus the face value of one yuan is the actual income), which can more intuitively and comprehensively reflect the historical performance of **during the operation period, combined with the operation time, it can be more accurately reflected** The true level of performance. Cumulative Net Value of Shares Net Value of Shares Cumulative dividend amount of shares after establishment. For example, a ** has paid dividends, and the dividends are distributed for every 10 shares.

If the net value of the ** share announced on the day is RMB, then the cumulative net value of the share is RMB. <>

Net Unit Value is the net asset value of each Unit, which is equal to the balance of Total Assets minus Total Liabilities divided by the total number of Units issued. What people usually refer to is mainly investment. The subscription and redemption of open-ended ** are carried out with this **.

A closed-end transaction is a market that is known at the time of the buying and selling; In contrast, open-ended Unit trading is based on the net asset value of Units that is not known at the time of subscription and redemption (but can be calculated after the market closes on the same day and announced on the next trading day). The total number of open-ended units varies from day to day, and must be counted after the closing of the day's trading, and divided by the day's net asset value to obtain the day's net asset value of the unit, which is used as the basis for investors to subscribe and redeem. <>

For new issues**, it generally takes at least 3 months to see the net value. Since there is a 3-month closed period for the new **, the net value of the ** can be seen after 3 months, during the closed period of the new **, the company will generally update the net value of the ** every Friday, and after the closed period, the net value of ** will be updated in the evening of each trading day. For those who have passed the closed period, the net value will be announced at around 10 p.m. after the end of the trading day.

If the user sells or sells before 15 o'clock on the same day, then the share or funds will be calculated according to this net value. On the ** trading day, users can see the change of real-time net value, which is only for reference, not the net value of buying and selling.

Extended information: 1. The "net worth method" is a method to accurately calculate the investment income of any investment fund in any period of time. The net worth method is the standard method used by the investment community to calculate investment returns, and is used to calculate returns in all public offerings**, private placements**, and asset management plans of brokerages.

2. Users should pay attention to the changes in its net value when **a**, usually choose the position of **low net worth**, not after **net value is large**. Usually, it is easier for users to make profits in the position of low equity, and in the position of high equity, there will be a loss of principal. It is best to use the method of regular investment when the user invests**, the user will **a certain share ** every once in a while**, and the cost can be reduced through the long-term **net value**, and the user can sell ** profit after the **net value**, it should be noted that the **regular investment may have a loss.

3. How to calculate the net worth method.

1) Introduce a concept of "unit equity" and "share", the initial unit value is 1, and the initial share is the first principal divided by the initial unit value, which is equal to the initial principal. Net Unit Value = Total Market Cap Total Shares.

2) To increase the principal, it is necessary to use the latest unit net value at that time to calculate the number of new shares that can be invested in this new principal, and add the new share to the original investment share to obtain a new total share, and the subsequent unit net value needs to be calculated with this new total share.

3) When the funds that are no longer invested are withdrawn in the future, the latest unit net value at that time must also be used as the ** "withdrawal shares" to calculate the number of shares that can be withdrawn from the exit funds, and the number of exit shares will be deducted from the current total share to obtain a new total share, and the subsequent unit net value needs to be calculated with this new total share.

4) Using the net value of the unit, the increase in the net value of the two units before and after is the yield. From this, we can see that the calculation of the return has nothing to do with the principal.

According to the length of the configuration time of the management company, there is a difference, and it can generally be seen after the issuance period (it has time on the manual), but it cannot be redeemed during the closed period (generally 3 months).

The newly issued ** generally has a 3-month fundraising period, and its net value can only be seen when it starts operating after the fundraising is completed.

During the new closure period, the company will generally update the net value of the ** every Friday, and after the closure period, it will update the net value of the ** on the evening of each trading day.

It is generally published on a weekly basis.

The redemption application submitted before 15:00 on the trading day is calculated according to the latest net value announced by the company, and the redemption application submitted after 15:00 is calculated according to the latest net value announced by the company on the next trading day.

After the open subscription and redemption, the manager shall disclose the net value of the shares and the cumulative net value of the shares on the open day through the outlets and other media on the next day of each open day.

1. How long is the private placement period?

From the perspective of the process of raising funds from private placement ** to making investment, there are three periods: the fundraising period, the closed period and the normal subscription and redemption period, and the situation of investors buying and selling ** shares during these three periods is different.

1) It is the private placement period, and the private placement period is generally 1-3 months, during which the private equity investment consultant raises funds from specific investors, and the investors can only sell the **share at this stage, and the ** is the net value of the share (1 yuan).

2) At the end of the fundraising period, it will enter the closed period, and the closed period of private placement is generally 6 months to one year, at this time, the ** contract has taken effect. However, during the closed period, investors will not be able to subscribe or redeem their shares, and investors can neither sell nor sell their shares during this period.

3) At the end of the closed period, ** can accept subscription and redemption at the same time, which enters the normal subscription and redemption period, and investors can subscribe and redeem according to the net value of **. The subscription and redemption time of private placement** is completely determined by the private equity company, and the specific needs to consult the corresponding private equity company.

In addition, after the completion of the private placement, it is possible to continue to subscribe, and investors can subscribe according to the open date of the **.

2. The difference between the fundraising period, the closed period and the duration period.

The so-called ** fundraising period is from the beginning of the recruitment description announcement to the establishment of **, which can actually be said to be the issuance period of **. During this period, the company will conduct sales through direct sales, distribution agencies or banks. During the fundraising period, investors can only subscribe, which is also called subscription, and investors subscribe to the net value of the share (i.e., 1 yuan).

There will be a certain limit on the number of subscribed shares, if the number of shares is reached in advance, the fundraising period can end early, and the number of shares raised beyond the limit cannot be confirmed; If the scale of the fundraising does not reach the scale stated in the pre-announcement, the ** cannot be established. **The recruitment period generally ranges from 1 to 3 months.

After the end of the fundraising period, it will enter the closed period of **, and during the **closed period, investors cannot subscribe and redeem **. In the later stage of the closed period, it is generally open to subscription first, and the investment cannot be realized immediately. **The closure period is also generally not more than three months.

It is generally published on a weekly basis. (If it has not been announced for a long time, there are roughly three reasons: first, the product is terminated early; Second, the contract stipulates a long disclosure interval; The third is to avoid investor sentiment fluctuations. Private placement can go to the private placement network to understand.

It's mostly a week, or a bi-week, and a quarter is a must. Private placement.

The net value is the price of each copy, and the net value is generally updated once on the trading day. Net worth is like the stock price in **, there is not much difference between the two, **net worth, its role is to affect our **share. For example, if the net worth is high, then relatively speaking, the share of the same capital will become smaller.

However, it is worth noting that the net worth does not limit our amount, in the case, its threshold may be at 10 yuan or at 100 yuan, and it has nothing to do with how much the net worth is.

In **, one of the most basic conditions it needs is to buy 100 shares, then there needs to be a minimum purchase price at this time, which has a great relationship with the stock price of a single share, if the stock price of a single share is high, then the purchase cost will become higher. If the stock price of a single share is low, then the purchase cost it needs at this time becomes very low, the gap is very large, if it is high, it may take more than 100,000 yuan to **100 shares, and if it is low, it only takes two or three hundred yuan to **100 shares. There is no such problem as **, **net worth will only be related to the share we hold.

Generally speaking, the net value will be updated on every trading day, it is like the stock price, there will be a **or ** every day, then at this time, the **net value will be updated on the second day of the trading day. This is easier to understand, of course, if it is a holiday, then the net value will not change. <>

Therefore, the net value is equal to how much each copy is worth, and the net value is generally updated every dayOf course, this daily refers to the trading day, and its update frequency is once a day, if it is not on the trading day, you need to wait for the holiday to pass and then reopen and then update. The net value will directly affect the share of our position to buy this **, but it will not affect the minimum threshold for us to buy**. <>

In the past, the net value of ** can be seen two, one is the net value of **unit, the other is the cumulative net value of **, now the cumulative net value is less, many platforms have not published this data indicator, and use the cumulative net value to record the performance history of **, the latest net value, and since the establishment of the performance, the larger the cumulative net value of **performance, the better the total amount of dividends. Of course, this judgment refers to the fact that in general, the premise of comparing the historical returns of different ** must be annualized data, so the concept of cumulative net value is not very meaningful, so the data indicators we see are gradually decreasing.

Any purchases made before 3 p.m. on a trading day are based on the ** price of the day. After 3 p.m., it's the next trading day. For example, on a Friday, if you're at 2:00 p.m

Buy at 30 and then update your equity around 10 pm, and that's what you buy**. You can buy it at half past three on Friday afternoon. Purchases will be calculated based on Monday's equity.

The equity trading time of the current day cannot be determined, and the equity seen during trading hours is the data of the previous day. The most direct reason is that at 3 o'clock, the company should calculate the net value according to the ** price of A shares, and then submit it to the custodian bank for review, and all the data of both parties must be completed before it is completed. Finally, the company also needs to conduct a risk check on the data such as holdings and market capitalization, and finally update the net value.

Therefore, the net value of ** is generally updated at around 9 or 10 o'clock in the evening, and there will be an evening update the next day.

The most commonly used by us is the unit net value because it represents our investment profit and loss, that is, the ** net value compared to the previous trading day's net value, if it is a little higher than the previous trading day's net value, it represents our profit on the day, and conversely, if the ** net value is lower than the previous trading day's net value, it is the day we lost.

The net worth unit is invisible, the less the safer, we often feel safe because the net worth is smaller, which means that the investment amount we pay is relatively small, which is for investors, and the smaller the net value for the net worth itself and the smaller the safety factor, the profitability of the company largely depends on the ability of the manager and the team behind it, which is the key. The return of the other** is related to the total amount we bought. The net worth is small, the total amount of money we invest is large and risky, so the change in the net worth is related to the total amount.

Keep in mind that the rise and fall of the manager (the performance of the manager) and the total amount of money we have will have an impact on the return.