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What does the cumulative net value of Changxin Jinli Fund mean?
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).