基金显示未报的原因可能有多种。首先，基金公司可能尚未完成基金净值的计算和确认，导致基金净值无法及时更新。这可能是由于基金公司的系统故障、数据传输问题或其他技术原因所导致。

其次，基金可能处于暂停申购或赎回的状态，导致投资者无法进行相应的操作。这可能是由于基金公司为了控制基金规模、应对市场风险或其他管理原因所采取的措施。

此外，投资者可能未按照基金公司的要求进行操作，例如未填写正确的申购或赎回申请表、未提供必要的身份证明文件等。这可能导致基金公司无法处理投资者的申请，从而显示为“未报”。

总的来说，基金显示未报的原因可能是由于基金公司的系统故障、基金暂停申购或赎回、投资者未按照要求进行操作等原因所导致。投资者应该密切关注基金的动态，及时了解相关信息，以便更好地把握投资机会。

英文版：

Why does the fund show "not reported"?

There may be several reasons why the fund shows "not reported". Firstly, the fund company may not have completed the calculation and confirmation of the fund's net value, leading to the inability to timely update the fund's net value. This may be due to system failures, data transmission issues, or other technical reasons at the fund company.

Secondly, the fund may be in a state of suspended subscription or redemption, preventing investors from performing corresponding operations. This may be due to measures taken by the fund company to control fund scale, cope with market risks, or for other management reasons.

In addition, investors may not have followed the fund company's requirements for operation, such as not filling out the correct subscription or redemption application form, not providing necessary identification documents, etc. This may cause the fund company to be unable to process investors' applications, resulting in a "not reported" status.

Overall, the reasons for the fund to show "not reported" may be due to system failures at the fund company, suspended subscription or redemption of the fund, or investors not following the required operations. Investors should closely monitor the fund's dynamics, stay informed of relevant information, in order to better seize investment opportunities.