The net fund value is also called the net fund unit value, that is, the net asset value of each fund unit is equal to the balance of the total assets minus the total liabilities of the fund and then divided by the total number of unit shares issued by the fund.
The difference is that the issue price is generally 1 yuan, and the fund's net value will fluctuate, because the value of securities such as stocks, bonds and bank deposits invested by the fund always changes with the fluctuation of the market, and the fund's net value will also change constantly.