You can complain to the fund company.

The fund manager's "stealing" refers to the situation where the net value of the fund unit at the opening time is smaller than the net value of the unit after settlement that night. Some investors believe that this part of the missing net worth has been illegally occupied by fund managers, so it is called "stealing".

So is the fund manager really "stealing"?

Fund stealing does exist, and it may be caused by fund managers' frequent position adjustments. However, formal fund companies usually do not have fund-taking situations, and the possibility is very low. So if you are worried about fund stealing, when purchasing funds, try to choose fund products launched by large and formal fund companies, so that you don’t have to worry about fund stealing. After all, formal fund companies will severely crack down on fund theft. In addition, investors' money for buying funds is held in custody by banks, securities firms and other custodian institutions, and is supervised by the custodian institutions. The fund company is only responsible for the investment operation and management of the fund. Fund managers do not have direct access to funds during investment operations. Instead, they issue trading instructions and the custodian bank completes the transfer of funds. Fund managers and funds are separated, eliminating the risk of funds being misappropriated.

So why is the valuation inconsistent with the actual net worth?

First, let’s look at the calculation of the estimate. The calculation of the estimate is provided by a third-party fund sales agency, not the fund company. Therefore, we will find that the same fund has different valuations on different fund platforms (such as Tiantian Fund Network, Ant Fortune, etc.) because each company obtains data at different times and the logic of calculating the data is different. are also different, resulting in different valuation results. In addition, the estimated calculation is based on the fund position data released by the fund company at the end of the last quarter. However, in practice, fund managers will frequently adjust positions, so there is a deviation in the base used for the estimated calculation. leading to inaccurate calculations.

Secondly, let’s look at the actual net worth calculation. The actual net value is calculated by the fund company or an institution entrusted by the fund company. It is calculated based on the actual positions of the day. Then each fund sales agency obtains this actual net value data and publishes it on their respective websites, so we will find , whether it is a fund company or other sales agency, the actual net value of the fund is completely consistent without deviation. Therefore, there is bound to be a difference between an estimated net worth and an actual net worth. However, this is not the so-called "stealing" behavior. This is a misunderstanding of fund investment.

In short, whether it is strict regulatory regulations or high-tech big data monitoring, it is difficult for fund managers to "steal" and investors can relax.