The unit net value of a fund generally refers to the sum of the values of stocks, warrants, bonds, cash and bills held by the fund on that day divided by the total share of the fund on that day to get the unit net value on that day.

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.