The net share value, also known as the net fund unit value, refers to the value of each fund on the same day. It is the net asset value of the fund divided by the total share of the fund to get the value of each share of the fund on that day. The unit net value of fund is the basis of calculating the subscription share and redemption amount of open-end fund, that is, the fund transaction is calculated by unit net value.

The cumulative net value of the fund refers to the sum of the latest unit net value of the fund and the dividend performance or split since its establishment, which reflects the cumulative income since the establishment of the fund (minus the face value of one yuan as the actual income), and can reflect the historical performance of the fund in the operation process more intuitively and comprehensively. Combined with the operation time of the fund, it can more accurately reflect the real performance level of the fund.