The net asset value of a fund unit refers to the net asset value of the fund represented by each fund unit.
Net asset value of fund units = (total assets-total liabilities)/total number of fund units
Among them, total assets refer to all assets owned by the fund, including stocks, bonds, bank deposits and other securities; Total liabilities refer to liabilities arising from fund operation and financing, including expenses payable to others and interest payable on funds. The total number of fund shares refers to the total number of fund shares issued at that time.
Cumulative unit net value = unit net value after the establishment of the fund+cumulative unit dividend amount.
The net unit value is real-time and changes every day, reflecting the value of the fund on the day of buying or selling.
Before the fund pays dividends, the daily net value of the fund, that is, the unit net value is the same as the accumulated net value; However, after the fund pays dividends, the accumulated net value begins to be much higher than the daily net value.
For example, Desheng Advantage Stock Securities Investment Fund, with the fund code of 257030, has just been established, so the unit net value = cumulative net value.
For example, the investment code of Morgan China Advantage Securities Investment Fund is 3750 10, and it has experienced three dividends, so the accumulated net value is far greater than the unit net value.