As a popular investment tool, the rate of return of funds will fluctuate with market changes. Therefore, the fund company will divide the fund's net value into three different lines, namely the net value line, the net asset value line and the dividend reinvestment net value line. These three lines represent different meanings, which can help investors better understand the operation of the fund and make investment decisions.

First of all, the net value line refers to the performance of the total net value of the fund, including fund income and asset value. Investors can understand the overall performance of the fund through the net value line and judge whether the fund is worth investing in. Generally speaking, the net value line can reflect the recent investment performance and income of a fund and is a commonly used indicator.

Secondly, the net asset value line is the net asset value calculated by the fund company according to a fixed formula. It reflects the changes in the value of assets actually invested by the fund company and is a relatively objective indicator of the fund's investment performance. The net asset value line is usually lower than the net asset value line because the fund can be calculated after deducting management fees and other expenses. Taking into account the existence of expenses, the net asset value line can better reflect the actual investment income of the fund.

Finally, the dividend reinvestment net value line refers to the net value calculated as a result of reinvesting the fund. The dividend reinvested net worth line is usually higher than the net worth line because the dividend reinvested net worth line reinvests the dividend income, while the net worth line does not include this part of the income. When investors choose funds, they should take into account the differences between different net value lines and make comprehensive considerations in order to make the most appropriate choice.