Unit net value refers to the current net value of fund products. Cumulative net value is the total amount obtained by the fund after all previous dividends are accumulated to the unit net value, which is the historical total income of the fund. In addition, the line of the Shanghai Composite Index is often used to compare with the trend of funds on the trend chart, reflecting whether the performance of stock funds is better than that of the stock market in the same period.
The three lines of the extended data fund cumulative return chart represent the fund return (blue line), the Shanghai Composite Index return (green) and the Shanghai and Shenzhen 300 Index return (red) respectively. In the cumulative income chart of the fund shown in the figure below, we can find that the overall trend of the fund's return rate is far higher than that of the Shanghai Composite Index and the Shanghai and Shenzhen 300, indicating that the current income of the fund is good and is gradually increasing.
For funds, especially high-yield and high-risk stock funds, on the curve, the blue line should cross the green red line, above the green red line, below the Shanghai Composite Index and the Shanghai and Shenzhen 200, which means underperforming the market. Such funds may not have obvious advantages in income.
Baidu Encyclopedia-Fund Unit Net Value