The net value of fund units is the net asset value of each fund unit, which is equal to the balance of the total assets of the fund minus the total liabilities divided by the total number of units issued by the fund. The subscription and redemption of open-ended funds are carried out at this price. The transaction price of closed-end funds is the market price that has been confirmed at the time of transaction; In contrast, the unit transaction price of open-ended funds depends on the net asset value of unit funds that are not known at the time of subscription and redemption (but can be calculated after the market closes on the day and announced on the next trading day).

Stocks are now nearly 400 years old. The earliest stock market arose in 1602 when the Dutch and British established overseas trading companies. These companies are established by raising share capital and have obvious characteristics of joint-stock companies; they have legal person status; a board of directors is established; the general meeting of shareholders is the company's highest authority; dividends are distributed according to shares; and a limited liability system is implemented. The successful operation and rapid development of the joint-stock company made more enterprises follow suit.

This section talks about the sources of stock profits. There are generally two sources of stock profits. One is the dividend received by shareholders when the company distributes earnings, and the other is the price difference between stock buying and selling.

The money market is a market in which financial assets with a maturity of less than one year are traded.

There are many kinds of bonds, which can be divided into many categories according to different standards

The money market is a market in which financial assets with a maturity of less than one year are traded.

The three major trading markets in the United States New York Stock Exchange New York Stock Exchange, American Stock Exchange American Stock Exchange, Nasdaq Nasdaq Exchange three major trading markets.

International bonds can be divided into different categories from different perspectives, and the main categories are described below.

Generally speaking, countries use international bonds to raise funds for the following five main purposes.

Stocks and bonds are the most common investment products. Many people have been exposed to stocks, but few people can understand bonds. When it comes to bonds, there are always a series of question marks: what is a bond, whether it is worth investing, where to buy bonds... Bonds seem far away from us. In fact, bonds are a very basic investment product, which is also very convenient for investment. For most people, investing in bonds is more appropriate than investing in stocks. Why? This article will introduce you to bonds, bond investment, and the importance of bonds in household asset management (the importance may exceed your imagination).