Cumulative net value refers to the accumulated income obtained by the fund since its establishment, that is, the net value of the fund unit plus the accumulated dividends since its establishment. The shorter the fund operation time, the higher the cumulative net value, indicating that the fund operation ability, fund unit net value and cumulative net value are stronger.

The net value of fund unit [share] refers to the value of each fund share on that day. It is the value of each fund divided by the total share of the fund on that day. On each business day, the total assets of the fund are calculated according to the closing price of the securities market invested by the fund, and the net assets of the fund on that day are obtained after deducting the various costs and expenses of the fund on that day. Divided by the total number of fund units that occurred on the day of the fund, it is the net value of each fund unit.

The accumulated net value of the fund is the net value of the fund unit+the amount of each accumulated dividend since the establishment of the fund, which belongs to a reference value. It can reflect the historical performance in the fund operation process more intuitively and comprehensively, and can reflect the real performance level of the fund more accurately in combination with the fund operation time.

Net asset value of fund units = (total assets-total liabilities)/total cumulative net asset value of fund units = net asset value of units after the establishment of the fund+cumulative dividend amount.