In the fund chart, the unit net value is the current net value of each fund, and the cumulative net value is obtained by adding all dividends distributed in history to the unit net value, which mainly depends on the historical total expected annualized expected return of the fund. Shanghai Composite Index is the composite index of Shanghai Stock Exchange, which reflects the general trend of stocks and funds. If you see in the fund chart that the net value of the fund is higher than your purchase price plus all fees, it means that you have made money. The unit value of the fund is the net value of the unit on that day.
This picture seems to have no special significance for individual investors. When the fund was established, there was a contract that explained a standard for the fund company to make profits by operating the fund, such as reaching the index or increasing the percentage value of various securities and bonds. If the actual performance line of the fund is above this index, it means that the operation of the fund has reached or exceeded the target set when the fund contract was established, and most funds have also exceeded this target. Otherwise, who will invest in funds that lag behind the broader market? This trend chart is very valuable for observing the operation of the fund.
The vertical ordinate percentage of the fund's cumulative net value chart indicates the percentage value reaching the index or the increase of various securities and bonds.
That is, the abscissa is time, the ordinate is price, and the ordinate is percentage, indicating the expected annualized expected rate of return.
How to treat the fund net value forecast chart and the cumulative net value trend chart?
This picture seems to have no special significance for individual investors. When the fund was established, there was a contract that explained a standard for the fund company to make profits by operating the fund, such as reaching the index or increasing the percentage value of various securities and bonds. If the actual performance line of the fund is above this index, it means that the operation of the fund has reached or exceeded the target set when the fund contract was established, and most funds have also exceeded this target. Otherwise, who will invest in funds that lag behind the broader market? This trend chart is very valuable for observing the operation of the fund. Is the valuation of Tian Tian Fund Network credible? How to buy a fund according to the valuation?
How is the fund index on the fund chart calculated?
It is calculated according to statistical principles and indexation statistical indicators. Just like a supermarket, there are many goods. First, give a base period, quantity and price, and then compare the calculation formula of the next day's rise and fall with the base period of the first day, but not simply add all the goods together to calculate a total price, but to calculate a value quantity for comparison. That is to say, in the base period, all the commodities in the supermarket are multiplied by the unit price to calculate the price of each commodity, and only the calculated prices can be added, and the added result can be designated as 100 as the base period. The rise and fall of the later calculation results is the rise and fall of this supermarket index!
Why did the accumulated net value of the fund disappear during the fund chart period?
The reason for the vacancy in the fund chart may be that it has fallen sharply during this period, so it seems to have a gap. Or the statistics are incomplete.
Understanding the fund chart is a necessary lesson for every citizen. Understanding this chart can help citizens better analyze and track the dynamics of the funds they buy. I believe this article can help everyone.
Further reading
Why is the seven-day historical expected annualized expected return different from the expected annualized expected return per 10,000 copies?
Where can I check the net value of the fund?
How to inquire the daily net value of Tian Tian Fund Network?