Net unit value is a stock market term, the full name is fund unit net value, which refers to the basis for calculating open-end fund subscription shares and redemption amounts. The calculation formula is: fund unit net value = (total fund assets - fund liabilities) / total fund shares.

If you bought 10,000 units as you claimed, and the net value of the unit on that day is 0.88, then your assets are 0.88x10,000=8,800.

The net value of a fund unit (share) refers to the value of each fund unit on that day.

It is the net assets of the fund divided by the total shares of the fund, which is the value of each share of the fund on that day.

On each business day, the total asset value of the fund is calculated based on the closing price of the securities market in which the fund invests. After deducting various costs and expenses of the fund on that day, the net asset value of the fund on that day is obtained.

Divided by the total number of fund units outstanding on the day of the fund, the net value of the fund per unit is obtained.

The cumulative net value of the fund is the net value of the fund unit + the amount of each cumulative dividend since the fund was established. It is a reference value.

It can more intuitively and comprehensively reflect the historical performance of the fund during its operation. Combined with the fund's operation time, it can more accurately reflect the fund's true performance level and profitability.

Net asset value per unit refers to the net asset value of a fund, which is the balance of the total market value of fund assets minus liabilities at a certain point in time, and represents the equity of fund holders.

The net asset value of a unit fund is the net value of the fund assets represented by each fund unit.

Extended information: Total fund liabilities include: (1) Unpaid remuneration payable to the custodian or manager in accordance with the provisions of the fund contract up to the calculation date.

(2) Other payables, including taxes payable, etc.

Fund debt shall be calculated on a daily accrual basis.

It should be noted that if there are special circumstances that make it impossible or inappropriate to calculate the total net asset value according to the above requirements, the manager should follow the regulations of the competent authority.

Total fund assets include all contents of the fund's investment asset portfolio: (1) Listed stocks and warrants owned by the fund are subject to the closing price of the centralized trading market on the calculation day; unlisted stocks and warrants are designated by qualified

Calculation by an accounting firm or asset appraisal agency.

(2) For public bonds, corporate bonds, financial bonds and other bonds owned by the fund, if they are listed, the closing price on the calculation date shall be used; for unlisted bonds, the face value plus the interest receivable on the calculation date shall generally be used.

(3) The short-term bills owned by the fund are based on the purchase cost plus the interest receivable from the purchase date to the calculation date.

(4) If there is no closing price or reference price on the calculation date specified in Articles (1) and (2), the latest closing price or reference price will be used instead.

(5) Cash and assets equivalent to cash, including deposits deposited in other financial institutions.

(6) Reserves for assets and contingent liabilities that may not be fully recoverable.

(7) Assets that have been contracted but have not yet been performed shall be deemed to have been performed and included in the total assets.