After deducting related expenses, the actual calculated net value is different from the net value of the previous trading day. If the net value of the fund increases or decreases by 0.0 1%, it means that the net value of the fund has increased by 0.0 1% compared with the previous period. In other words, if the net value of the previous fund was 65,438+000 yuan, then the net value of the fund at the end of this period was 65,438+000.05438+0 yuan. The rise and fall of the net value can reflect the investment performance of the fund, but it should be noted that the rise and fall of the net value does not represent the return on investment, because the return on investment also needs to consider factors such as dividends and redemption.