When investors inquire about the net value of funds, they often see two concepts, the net value of unit funds and the accumulated net value of funds. What's the difference between them?

The net asset value of a unit fund refers to the balance of the total market value of fund assets minus liabilities at a certain point in time divided by the total share of the fund, that is, the net asset value represented by each fund unit. Multiply the fund share held by the investor by the net value of the unit fund to get the total fund assets owned by the investor.

The cumulative net unit value represents the sum of the net unit fund value after the establishment of the fund and the cumulative unit dividend amount, that is, the net value after the fund dividend is added.

Calculation method of fund net value

The net fund value refers to the net fund assets represented by each fund unit, and the calculation formula is:

Net asset value of fund units = (total assets-total liabilities)/total number of fund units

The cumulative net value of the fund refers to the sum of the net value and dividend performance since the establishment of the fund, which reflects the cumulative expected annualized expected income obtained since the establishment of the fund (minus the face value of one yuan is the actual expected annualized expected income), which can reflect the historical performance of the fund in the operation process more intuitively and comprehensively. Combined with the operation time of the fund, it can more accurately reflect the real performance level of the fund.

Cumulative net value of fund share = net value of fund share+cumulative dividend amount of fund share after establishment.

For example, a fund once paid dividends, and every 10, it paid dividends to 0.2 yuan. If the net value of fund shares announced on that day is 1.02 yuan, the cumulative net value of fund shares is1.02+(0.2/10) =1.04 yuan.

The net growth rate refers to the growth rate of the fund's net assets in a certain period, and you can use it to evaluate the performance of the fund in a certain period.

According to the requirements of the CSRC, the formula for calculating the fund's net growth rate is today's net growth rate = (today's net-net)/net. If there is dividend on that day, the growth rate of today's net value = [today's net value-(net value-dividend)]/(net value-dividend).