As the name implies, the unit net value is the price of a unit fund. However, it should be noted that the net value of the fund will only be announced after the market closes. In other words, you don't know how many funds you bought that day.

Because according to the regulations, if we submit a subscription application before 3 pm on the trading day, we should make a subscription with the net value of the fund on that day, but this net value can generally be announced at 7 pm or later. If we submit an application on a non-trading day or after 3 pm on a trading day, the price of the subscription funds is the unit net value of the next trading day.

The specific formula is: fund share = (subscription fund-handling fee)/unit net value. If the net value of the fund on that day is 1 yuan, the investor will spend 1 ,000 yuan, and the subscription fund share will be 1 ,000.

What is cumulative net worth?

Cumulative net value = unit net value+cumulative dividend.

Some funds will pay dividends more or less every year, and according to the accumulated net value, we can know the usual profitability of the fund. When the accumulated income is greater than the unit net value, it means that the fund was once profitable.

What is the net value of reinstatement?

The re-weighted value of fund net value refers to the re-weighted calculation of fund unit net value, and comprehensively considers the dividend or split factors of the fund to calculate the historical net value of the fund without any dividend or split, so as to restore the fund net value.

The cumulative net value of fund reinstatement can be counted as the income from dividend reinvestment. If the net value of the reinstatement unit is higher than the accumulated net value, it shows that it is more cost-effective for investors to reinvest in dividends when purchasing funds.

The significance of the net value of fund reinstatement lies in fairly comparing the historical performance of funds, restoring the true face of the historical growth rate of funds and helping fund investors choose funds.

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