Some funds have no accumulated net value, which may be because they have not been established for a long time and have no accumulated net value, or they may be money funds. The net value of the money fund is 1, and the money fund calculates the annualized rate of return of ten thousand returns in seven days, so the net value of the fund will not increase.

The accumulated net value of the fund refers to the price since the establishment of the fund. The higher the cumulative net value of general funds, the better the fund performance, which also reflects the management level of fund managers from the side, and can be used as a reference index for investors to choose funds.