Fund discount rate generally refers to closed-end funds, that is, the market price of closed-end funds is lower than the net asset value of funds. For example, the market price of a closed-end fund is 1.5 yuan, and the net value of the fund is 1.8 yuan, so the discount rate of the fund is: (1.5-1.8)/1.8 = 65.
It is a common phenomenon that closed-end funds have discount rates. In addition to investment objectives and management level, the discount rate of closed-end funds is an important factor in evaluating closed-end funds. For investors, high discount rate of closed-end funds has certain investment opportunities (copyright belongs to Winner Fortune Network, illegal reprinting is strictly prohibited, please indicate the source of reprinting, www.yingjia360.com). However, the discount rate of open-end funds is always zero, because open-end funds are based on net worth, and there has never been a discount problem.
When trading in the fund market, investors must understand the basic knowledge of investment, such as what is the meaning of the fund discount rate and how to calculate the discount rate. These are the basic knowledge that investors need to know in the operation and why the fund is discounted.
Therefore, investors need to pay attention to the problem that when investing in closed-end funds, they should pay attention to choosing funds with large discount rate, because closed-end funds should be repaid or liquidated according to their net value after the operation expires, so the higher the discount rate, the greater the potential investment value. In principle, we should choose arbitrage with good combination, high discount rate, small plate and close to maturity.
Of course, the state also has some countermeasures to discount closed-end funds, which mainly include: closing to opening, fund liquidation in advance, fund tender offer, fund share repurchase, fund management and distribution. Then investors should understand how the discount rate is calculated and make a good evaluation.
Discount rate = (unit net share-unit market price)/unit net share;
When the discount rate is less than 0, that is, the net value is less than the market price, it is called premium, and when the discount rate is greater than 0, it is called discount.
For example, if you buy something in a store, you will get a 20% discount, that is to say, things worth 10 yuan will be sold in 8 yuan. If the closing discount rate is 80%, it means that the difference between the net value of the fund and the transaction price is 80%, that is, the transaction price of the fund with a net value of 1 yuan is 0.2 yuan.