The total assets of the fund refer to the sum of all assets owned by the fund (including stocks, bonds, bank deposits and other securities, etc.). ) calculated at fair price. \ r \ The total liabilities of the fund refer to the liabilities formed in the process of fund operation and fund raising, including various expenses payable to others and interest payable by the fund. \ r \ n \ r \ Total number of fund shares refers to the total number of fund shares issued at that time. \ r \ The net asset value of a fund refers to the balance after deducting liabilities from the total market value of fund assets calculated at fair value at a certain fund valuation point, which is the rights and interests of fund share holders. The process of calculating fund assets at fair price is the valuation of the fund. \ r \ nNet fund share, that is, the net asset value of each fund share \ r \ nNet fund share = (total assets-total liabilities)/total number of fund units \ r \ nNet fund asset value is the main indicator to measure the operating performance of a fund.