Fund net worth Overview

The total asset value of the assets owned by the common fund is calculated based on the Market closing price on each business day. after deducting the various costs and expenses of the Fund on the current day, the net asset value of the fund is obtained. The total number of shares issued by the Fund on the current day is the net worth of each share.

The net worth of the fund is the net worth of the Fund's share? Asset? Value, NAV), also called the net value of each fund share.
The calculation formula is: net asset value of the fund share = (total assets-total liabilities)/Total fund shares. Total assets refer to all assets owned by the Fund, including stocks, bonds, bank deposits and other securities. Total liabilities refer to the liabilities formed during the operation and financing of the Fund, including various expenses payable to others and fund interest payable. The total fund share refers to the total fund shares issued at that time. The total share of an open-ended fund is changing every day. Therefore, it must be subject to the statistics after the end of the transaction on the current day. After each business day is closed, the net asset value of the fund on the current day is divided by the total number of fund shares at the end of the current day, and the net asset value of the current day is obtained.
The net share fund is an important indicator that reflects the performance of the Fund. The transaction price of the open-end fund is determined based on the net value of each fund's share. As the value of assets owned by the fund changes with market volatility, the net worth of the Fund will also change.

Net worth Calculation
The calculation of the net asset value of a fund includes the calculation of the total asset value of a fund and the calculation of the net asset value of a fund.
Net worth calculation is based on the generally accepted accounting principles. The total net worth of fund assets = total assets of the Fund-total liabilities of the Fund.
I. Total fund assets
Total Fund assets include all the content of the Fund's portfolio:
(1) The listed shares and warrants owned by the Fund shall be subject to the close price of the daily concentrated trading market; unlisted stocks and warrants are calculated by qualified accounting firms or asset evaluation institutions.
(2) For public bonds, corporate bonds, and financial bonds owned by the Fund that have been listed, the close price on the day shall prevail; For unlisted, generally, the value shall be the same as the daily interest payable.
(3) The short-term notes owned by the Fund shall be subject to the purchase cost plus the interest payable from the purchase date to the calculation date.
(4) If no closing price or reference price is set for the calculation days specified in (1) or (2), the latest closing price or reference price will be used.
(5) Cash and cash-equivalent assets, including deposits stored in other financial institutions.
(6) Assets that may not be fully recovered or reserves that are accrued due to liabilities.
(7) assets that have entered into a contract but have not yet performed shall be deemed as assets that have been executed and shall be included in the total amount of assets.
Ii. Total Fund liabilities
The total fund liabilities include:
(1) unpaid compensation to the custodian or administrator as stipulated in the fund contract until the calculation date.
(2) Other payables, including taxes payable.
The Fund's debt should be calculated on a daily basis.
It should be noted that, in the case of special circumstances, the Administrator shall handle the case in accordance with the regulations of the competent authority when calculating the total net asset value as required.

 

Fund net worth Prediction
Fund net worth Prediction Methods:
(1) Find the latest portfolio announcement for the fund to be predicted;
(2) identify the top ten stocks, five bonds, and five warrants that have been frozen;
(3) Find out the top ten heavy warehouse [1] shares, five bonds, and five warrants on the daily basis in the transaction system;
(4) Calculate the market value and market value changes of the top ten stocks, five bonds and five warrants;

(5) Multiply the newly announced block equity value with the block shares, and add the changes in the market value of the top ten stocks, five bonds, and five warrants, that is to say, get the latest total fund blockout (this is actually incomplete, because the market value changes beyond the top ten stocks, five bonds, and five warrants are unknown );
(6) re-calculate the weights of the top ten stocks, five bonds and five warrants;
(7) by dividing the market value of the top ten stocks, five bonds, and five warrants by the value of the top ten stocks, five bonds, and five warrants in the total market value, we can obtain a relatively accurate total block value;
(8) the total Fund Block net worth is divided by the fund share to obtain the net worth of each fund.
This method is based on the following assumptions:
(1) The Fund's investment portfolio is relatively stable, especially for closed-end funds;
(2) The newer the fund portfolio, the more accurate the forecast;
(3) the weights of the Fund's top ten stock items, five bonds and five warrants, especially the top ten stock items, are usually very high, that is, concentrated investment, and the remaining majority are cash.

The open fund interface is http://www.haoservice.com/docs/35. you can test the Fund interface for free and use it as needed.

 

Fund net worth Overview