The unit net value is the true value of 1 fund, and the net value of open-end funds will change every working day (except monetary funds and wealth management funds). The net value represents the situation after the closing of the working day, and refers to the proportion of the total assets of the fund to the total share of the fund after deducting the expenses. Usually the net value of the unit is used for fund subscription and redemption.

Cumulative net value is unit net value+past dividends. This net value is of little use, that is, it represents the total income of a fund from its birth to the present, and the comparability is not strong, because the fund was established at different times. Dividends will lead to a decline in net worth, so in this case, dividends themselves will not generate income.

The net growth rate has the concept of time period. The formula is: growth rate% = (final value-initial value)/initial value. If the growth rate has not been written for a long time, it will be compared with yesterday. In other cases, such as the recent growth rate of 1 month, such as the previous year, such as a certain year, both the initial value and the final value can be found and calculated.