For example, if the total assets on a certain day are 200 million and the total fund share on that day is 1 100 million, then the unit net value is 2 yuan. Generally speaking, the unit net value fluctuates every day, because the total asset value and total share fluctuate randomly.
Cumulative net value is the net value of the fund since its establishment, including dividends and split shares.
If the fund has not paid dividends since its issuance, the unit net value is equal to the accumulated net value. Otherwise, the cumulative net value is generally greater than the unit net value.
For example, the unit net value 1.5 yuan Fund decides the 0.5 yuan for each dividend. After dividends and ex-rights, the net fund share value is 65,438+0.0 yuan, and the accumulated net value is 65,438+0.5 yuan (each 0.5 yuan is converted into cash and put into the investor's account).
Now it is a 2 yuan fund with unit net worth, and decided to split its share according to the ratio of 1: 1. After the split, the net value of the fund unit is 65,438+0.0 yuan, and the cumulative net value is 2.0 yuan (the fund share in the investor's account is increased by 65,438+0 times, and the original holding of 65,438+0,000 points is changed to 2,000 points, keeping the total assets unchanged).
Generally speaking, the higher the unit net value and accumulated net value, the better, which reflects the profitability of the fund to some extent. But we can't generalize, because we have to consider the time and market environment of the fund.
For example, many newly established funds are losing money, and now they are only 0.8-0.9 yuan, while those with accumulated net worth of several yuan have been established for several years and experienced a bull market in 2006-2007. You can compare it.
At present, the funds established around 2200 this year are all positive returns, while the accumulated net value of funds established in 45000 in 2007-08 is only 56 gross. Can this be compared?