1. The share held by the investor's fund is the available share, that is, the total share of the fund that can be sold at the time of redemption.

2. Fund share refers to the certificate issued by the fund sponsor to the investor, indicating that the holder enjoys the right of income distribution, the right to obtain the remaining property after liquidation and other related rights according to his share, and assumes corresponding obligations. Available share refers to the share that you can redeem now. The net asset value of the fund is the balance of the total market value of the fund assets after deducting liabilities at a certain time, which represents the rights and interests of the fund holders. The net asset value of a fund unit refers to the net asset value of the fund represented by each fund unit.