The so-called "net worth" refers to how much the fund has been worth so far. . Buying a fund means paying money, and you get a fund share instead of money. For example, the net fund value is 1.5.

I spent 1, 000 yuan on a fund. Assuming the subscription fee is 1%, you should get a fund of10000 * (1-1%)1.5 = 6600 when you subscribe, and the market value of the fund is 900 yuan, so your assets are very small.

If the net fund value rises to 1.6 in two days, your fund market value is 6600* 1.6= 10560, and you earn 10560- 10000=560 yuan.

Because the value of assets owned by the fund always changes with the fluctuation of the market, the net value of the fund will also change constantly. Therefore, the net value of funds on different dates is different.

The cumulative net growth rate of gold refers to the percentage that the net value of the fund increases or decreases within a period of time (including dividends). It is one of the indicators to evaluate the fund's income.