No matter what kind of fund, the total amount of the fund is divided into several equal integer shares at the time of initial issuance, and each share is a "fund unit". In the process of fund operation, the unit price of the fund will change with the change of fund asset value and income.
In order to accurately price and quote the fund and make the fund price accurately reflect the true value of the fund, it is necessary to estimate the actual representative value of each fund unit at a certain time.
Extended data:
The level of fund net value is not the main basis for choosing a fund, but the future growth of fund net value is the key to judge the investment value. The level of net worth is not only influenced by the management ability of fund managers, but also by many other factors.
If the fund is established for a long time, its net value will naturally be higher; If the fund is established for a short time, or the entry time is not good, the net value of the fund may be relatively low.
Baidu Encyclopedia-Unit Net Value