Fund investment involves multiple core concepts such as net worth fluctuation, fund status, holdings value, and profit calculation. Understanding these terms helps you clearly grasp asset dynamics and earnings status.

Daily %Chg

The fund company calculates the net worth of the fund based on the daily holdings of stocks and bond assets after deducting fees. The daily %Chg is the difference between the current net worth and the previous trading day's net worth. The calculation formula is: Daily %Chg = (Current net worth – Previous trading day's net worth)/Previous trading day's net worth × 100%.

Subscription amount to be confirmed

According to fund trading rules, it generally takes 2–3 working days (excluding holidays of Phillip Securities and the fund company) from the initiation of a subscription request to the confirmation of units. Before the subscription request is confirmed, the requested funds are in a pending confirmation state, known as subscription amount to be confirmed.

Sale amount to be credited (frozen units)

After a fund sale is successful, the corresponding funds that have not yet been credited to your account (including current pending sell orders and frozen unconfirmed units) are referred to as sale amount to be credited.

Holding units

The current number of fund units held.

Net worth per unit

The worth per unit of the fund on a given day. It is calculated by dividing the fund's net assets by the total number of units. On each trading day, the total asset worth of the fund is calculated based on the closing prices of the securities it invests in. After deducting the fund's costs and fees for that day, the net asset value for that day is obtained. The net worth per unit is obtained by dividing the net asset value by the number of units outstanding.

Total fund amount

Calculation formula: Total fund amount = Subscription amount to be confirmed + Holding amount + Sale amount to be credited.

Latest profit

Calculation formula: Latest profit = (Net worth on the corresponding date – Previous trading day's net worth) × Units on the corresponding date + Cash dividend on the corresponding date.

Holding profit

Calculation formula: Holding profit = Holding amount – Cost basis.

Holding amount

Calculation formula: Holding amount = Holding units × Latest net worth.

Cumulative profit

The sum of daily profits.

Key takeaways:

• Fund and unit status
  • Subscription amount to be confirmed: Funds of an initiated subscription request that have not yet been confirmed.
  • Sale amount to be credited: Funds from a successful sale that have not yet been credited.
  • Holding units: The actual number of units currently held.
• Net worth and value calculation
  • Net worth per unit: The daily value per unit, calculated by deducting fees from the fund's total assets.
  • Holding amount: Holding units multiplied by the latest net worth, representing the current total market capitalization of your holdings.
  • Total fund amount: The sum of subscription amount to be confirmed, holding amount, and sale amount to be credited, representing your total assets in the fund.
• Profit calculation
  • Daily %Chg: a measure of the daily change rate of the fund's net worth.
  • Latest profit: (Net worth on the corresponding date – Previous trading day's net worth) × Units on the corresponding date + Cash dividend on the corresponding date.
  • Holding profit: Holding amount – Cost basis, representing the total floating profit or loss since you held the fund.
  • Cumulative profit: The sum of all daily profits, representing the final total return from investing in the fund.

Disclosures

This article is for reference only and does not constitute any investment advice.