At the same time, the net value is neutral, which doesn't matter. At the same time, the net value is neutral, which doesn't matter. Cumulative net value reflects historical performance. The higher the cumulative net value of funds issued in the same period, the stronger their management ability. Generally speaking, the performance of the fund is still sustainable. If the accumulated net value is much higher than the net value, it means that the fund pays more dividends and pays more attention to returning investors, which will reduce the risk of your investment. But the decisive factor that determines your purchase is your judgment on the market outlook. Buy if you are optimistic about the market outlook, and the net value is only an auxiliary factor. In fact, you choose your favorite company and fund manager. If you are optimistic about the market outlook, choose a powerful fund company, choose a star fund manager, read his quarterly report and look at his top ten positions, you can basically see his level. Reflect historical performance. The higher the cumulative net value of funds issued in the same period, the stronger their management ability. Overall, the performance of the fund is still sustainable. If the accumulated net value is much higher than the net value, it means that the fund pays more dividends and pays more attention to returning investors, which will reduce the risk of your investment.