Hello, the net value of fund shares refers to the value of fund shares calculated by dividing the net asset value of the fund on the calculation date by the balance of the fund shares on the calculation date.

The net asset value of fund shares, also known as the net asset value of fund shares, refers to the transaction price of each fund share on the day of application. For example, if you want to redeem, the redemption price is calculated based on the net value of fund shares on the day of application.

Net value of fund shares

Net value of fund shares = (total fund assets - total fund liabilities)/total fund shares

Among them, the total assets of the fund refer to the total assets of the fund. The total assets of all assets owned (including stocks, bonds and other marketable securities, bank deposit principal and interest and other investments);

The total liabilities of the fund refer to the liabilities formed during the operation and financing of the fund (including Various fees payable to others, interest on funds payable, etc.);

The total number of fund shares refers to the total number of fund shares outstanding at that time.

Cumulative net value of fund shares

Cumulative net value of fund shares = net value of fund shares + cumulative value of previous dividends