2. Cumulative net growth rate refers to the growth rate of the current net value of the fund relative to the net value when the fund contract takes effect, which can be used to evaluate the performance of the fund since its formal operation; Cumulative net growth rate refers to the percentage increase or decrease of fund net value (including dividends) over a period of time.
3. The level of fund net value is not the main basis for choosing a fund, but the future growth of fund net value is the key to judge the investment value. The level of net worth is not only influenced by the management ability of fund managers, but also by many other factors. If the fund has been established for a long time, or has grown rapidly since its establishment, the net value of the fund will naturally be higher; If the fund is established for a short time, or the entry time is not good, the net value of the fund may be relatively low. Therefore, if only the current net value of the fund is used as the standard of whether to buy the fund, the wrong decision will often be made.