The level of unit net worth has its own advantages and disadvantages. High net worth equals high risk. The high net worth of the fund is more directly related to the professional level of the fund manager. However, high-net-worth products may have an upper limit on expected returns. Similarly, the low net value of the fund does not mean that there is a large room for appreciation. Some fund companies will artificially reduce the net value of funds through dividends and spin-offs. , thus inducing investors to buy, but fund companies generally raise subscription fees and management fees at the same time.

The net value of a fund refers to all assets owned by the fund and represents the rights and interests of fund holders. Fund net value can be divided into unit net value and accumulated net value, in which unit net value refers to the price of fund unit share, and can also be understood as the sales price of the fund on that day.

Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The fund we are talking about mainly refers to the securities investment fund.

According to different standards, securities investment funds can be divided into different types:

According to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.

According to different organizational forms, it can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.

According to the difference of investment risk and income, it can be divided into growth fund, income fund and balanced fund.

According to the different investment objects, it can be divided into four categories: money fund, bond fund, hybrid fund and stock fund.