What is the net asset value of the fund unit?
The net value of a fund unit refers to the net asset value of the fund represented by each fund unit, that is, the price of the fund on that day.
Net asset value of fund units = (total assets-total liabilities)/total number of fund units.
Total assets refer to all assets owned by the fund, including foreign exchange, stocks, bonds, bank deposits, bulk commodities, etc. Invested by the fund manager. Total liabilities refer to liabilities arising from fund operation and fund raising, and total fund shares refer to total fund shares issued at that time.
For open-end funds, the fund company usually announces the unit net value of the fund from 7: 00 pm to 9: 00 pm after the market closes every day. For closed-end funds, the net value of fund units is generally published once a week.
What is the difference between fund unit net value and accumulated net value?
The accumulated net value of the fund is the sum of the latest net value of the fund and the dividend performance since its establishment, which reflects the accumulated income of the fund since its establishment and intuitively reflects the historical performance of the fund in its operation.
Cumulative unit net value = unit net value after the establishment of the fund+cumulative unit dividend amount.
The unit net value reflects the price of the fund on the same day, and short-term investors can predict the recent trend accordingly, while the accumulated net value is the long-term performance of the fund since its establishment, and long-term investors can use it as an important reference to predict the fund trend.
Note: The level of fund net value is not the main basis for choosing a fund, but the growth of fund net value in the future is the key to judge the investment value.