1. The subscription price of an open-ended fund is determined by the net value of the fund after the close of the stock market on that day. That is to say, if it is in the normal working day of the day before 3:00 p.m. to subscribe to the fund, then according to the day after the close of the fund company announced the net value of the fund to determine the subscription price. If the subscription is made after 3:00 p.m. on the same day of a business day or on a holiday, then the subscription price will be determined according to the net value of the fund announced by the fund company after the close of business on the next normal business day. The subscription application made by investors on T day is usually processed and confirmed by the registrar on T+1 working day, and investors can check whether the subscription is successful or not from T+2 working days onwards. Your application on Saturday is based on the application made on Monday, the net value calculation is announced after the close of trading on Monday, and the fund company will confirm it on Tuesday.

2. The net asset value of a fund is the balance of the total market value of the fund's assets after deducting its liabilities at a certain point in time, and represents the equity of the fund holders. Net asset value per unit of the fund, i.e. the net value of the fund's assets represented by each unit of the fund.

That is, net value per unit = (total assets - total liabilities) / total number of fund units where total assets refer to all assets owned by the fund, including stocks, bonds, bank deposits and other marketable securities, etc.; total liabilities refer to liabilities formed during the operation and financing of the fund, including various fees payable to others, interest payable on funds, etc.; total number of fund units refers to the total number of fund units that are then The total number of units is the total number of units issued at the time.