Does the higher the cumulative net value of the fund mean the higher the income of the fund?
Not exactly. The accumulated net value of the fund reflects the past performance, and the high accumulated net value indicates that the income from past operation is high, but it is not directly related to the rise and fall of the future net value. The specific calculation formula is: fund net value = fund net asset value/fund share.
As can be seen from the formula, the net assets of the fund are actually financial assets purchased and held by the fund manager, which can be easily divided into small purchases by ordinary investors. The net fund value represents the price of each fund.
For example. Assuming that the fund product of100000 financial assets is divided into100000 shares, then one fund is one yuan. Investors can buy a unit share fund with one dollar. If the financial assets allocated by the fund increase by 10%, then 100000 becomes100000, and a fund held by investors becomes 1. 1 yuan. If financial assets fall by 10%, then 100000 will become 9 million, and the net fund value will become 0.9 yuan.
At this time, there may be a general logic that the party with low net worth will get more shares for the same capital investment, and vice versa, so it seems that it is better to buy fund products with low net worth. You may have guessed half right. It is true that low net worth people get more shares with the same capital investment, but this is not the same as the final income. The reality is that as long as the net value of the two funds increases by the same amount, investors will get exactly the same income.
For another example, if Xiaoming invests 654.38+10,000 yuan, there are two choices before him: Fund A with a net unit value of 1 and Fund B with a net unit value of 10. If Xiaoming buys Fund A, he will get 65438+ ten thousand copies; If you buy Fund B, you will get 654.38+00,000 shares.
Assuming that the expenses are not considered, the two funds will increase by 10% at the same time after one year. At this point:
The final income of a fund = share * unit net value * yield = 100000 shares * 1 yuan * 10%= 10000 yuan.
The final income of Fund B = share * unit net value * rate of return = 10000 * 10 yuan * 10%= 10000 yuan.
Therefore, it is often the rise and fall of the fund's net value that determines the fund's income, not the share it holds. Therefore, as long as the performance of the fund is good, the income will naturally not run away.