The net value of a fund unit refers to the current total net assets of the fund divided by the total fund share, that is, the assets represented by the fund share of each unit.

The subscription and redemption of open-end funds are carried out at the price of the net value of the fund unit. The transaction price of closed-end funds is the known market price at the time of trading; On the other hand, the unit transaction price of the open-end fund depends on the net asset value of the unit fund, which is unknown at the time of subscription and redemption (but it can be calculated after the market closes on the same day and announced on the next trading day).

2. Accumulated net value of the fund

3. Daily growth rate of the Fund

According to the requirements of the CSRC, the formula for calculating the fund's net growth rate is today's net growth rate = (today's net value)/net value. If there is dividend on that day, the growth rate of today's net value = [today's net value-(net value-dividend)]/(net value-dividend).