The accumulated net value of the fund refers to the sum of the latest net value of the fund and the dividend performance since the establishment of the fund, which reflects the accumulated income obtained since the establishment of the fund (minus the face value of one yuan as the actual income), and can reflect the historical performance of the fund in the operation process more intuitively and comprehensively. Combined with the operation time of the fund, it can more accurately reflect the real performance level of the fund.

Cumulative unit net value = unit net value after the establishment of the fund+cumulative unit dividend amount (i.e. fund dividend).

Is the accumulated net value of the fund as high as possible?

This is uncertain. The cumulative net value of the fund refers to the net value of the fund since its establishment. Generally speaking, the higher the accumulated net value of the fund, the better its historical performance and the stronger the investment ability of the fund manager. However, the net value of the fund reflects the past investment ability, which does not mean the same for the future investment ability. Moreover, if the foundation pays dividends, the net value will decrease, so it is not absolute that the higher the accumulated net value, the better.