Fund net value generally refers to the unit net value. Generally speaking, the unit net value refers to the sum of the value of stocks, warrants, bonds, cash and bills held by the fund on the day after the closing of the trading day, divided by the total share of the fund on that day, and the unit net value on that day is obtained.

For example, if the total assets on a certain day are 200 million and the total fund share on that day is 1 100 million, then the unit net value is 2 yuan. Generally speaking, the unit net value fluctuates every day, because the total asset value and total share fluctuate randomly.

Cumulative net value is the net value of the fund since its establishment, including dividends and split shares.

If the fund has not paid dividends since its issuance, the unit net value is equal to the accumulated net value. Otherwise, the cumulative net value is generally greater than the unit net value.

For example, the unit net value 1.5 yuan Fund decides the 0.5 yuan for each dividend. After dividends and ex-rights, the net fund share value is 65,438+0.0 yuan, and the accumulated net value is 65,438+0.5 yuan (each 0.5 yuan is converted into cash and put into the investor's account).

Now it is a 2 yuan fund with unit net worth, and decided to split its share according to the ratio of 1: 1. After the split, the net value of the fund unit is 65,438+0.0 yuan, and the cumulative net value is 2.0 yuan (the fund share in the investor's account is increased by 65,438+0 times, and the original holding of 65,438+0,000 points is changed to 2,000 points, keeping the total assets unchanged).

Extended data:

1, meaning of fund net value:

The net value of a fund unit 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 and then divided by the total number of unit shares issued by the fund.

The subscription and redemption of open-end funds are carried out at this price. The transaction price of closed-end funds is the known market price at the time of trading; On the other hand, the unit transaction price of the open-end fund depends on the net asset value of the unit fund, which is unknown at the time of subscription and redemption (but it can be calculated after the market closes on the same day and announced on the next trading day).

2, the cumulative net concept:

The cumulative net value of the fund refers to the sum of the latest net value of the fund and the dividend performance since its establishment, which reflects the cumulative income since the establishment of the fund (minus the face value of one yuan as the actual income), can more intuitively and comprehensively reflect the historical performance of the fund in the operation process, and can more accurately reflect the real performance level of the fund in combination with the operation time of the fund.

Generally speaking, the higher the cumulative net value, the better the fund performance. The latest net value should mainly provide a real-time transaction price reference. When choosing a fund, investors should not only look at the latest net value, but also avoid "greedy and cheap".

Dividends can reflect the fund's profitability to a certain extent, but mainly reflect the fund's income realization ability. Dividend performance can actually be reflected by accumulated net worth. Therefore, from the perspective of investor fund performance comparison, the accumulated net value of the fund should be a more important indicator than the latest net value and dividends.

Baidu Encyclopedia-Net Fund Value

Baidu Encyclopedia-Cumulative Net Value