Fund net value is divided into unit net value and accumulated net value. Generally, we buy funds on the basis of unit net value.

Unit net value 1 yuan. When the fund rises to a certain extent, the fund company will pay dividends. After dividends, the unit net value of the fund will decrease, but the accumulated net value has been rising.

So you often see the unit net value below 2 yuan, because the fund pays dividends.

Let me show you a graph of unit net worth and accumulated net worth: