Fund net value generally refers to the unit net value. Generally speaking, the unit net value refers to the sum of the value of stocks, warrants, bonds, cash and bills held by the fund on the day after the closing of the trading day, divided by the total share of the fund on that day, and the unit net value on that day is obtained.

For example, if the total assets on a certain day are 200 million and the total fund share on that day is 1 100 million, then the unit net value is 2 yuan. Generally speaking, the unit net value fluctuates every day, because the total asset value and total share fluctuate randomly.

Cumulative net value is the net value of the fund since its establishment, including dividends and split shares.

If the fund has not paid dividends since its issuance, the unit net value is equal to the accumulated net value. Otherwise, the cumulative net value is generally greater than the unit net value.

For example, the unit net value 1.5 yuan Fund decides the 0.5 yuan for each dividend. After dividends and ex-rights, the net fund share value is 65,438+0.0 yuan, and the accumulated net value is 65,438+0.5 yuan (each 0.5 yuan is converted into cash and put into the investor's account).

Now it is a 2 yuan fund with unit net worth, and decided to split its share according to the ratio of 1: 1. After the split, the net value of the fund unit is 65,438+0.0 yuan, and the cumulative net value is 2.0 yuan (the fund share in the investor's account is increased by 65,438+0 times, and the original holding of 65,438+0,000 points is changed to 2,000 points, keeping the total assets unchanged).

Generally speaking, the higher the unit net value and accumulated net value, the better, which reflects the profitability of the fund to some extent. But we can't generalize, because we have to consider the time and market environment of the fund.