Fund net value is divided into unit net value and accumulated net value.

The net unit value is the price of the unit share of the fund. The calculation method of unit net worth is to add up the values of stocks, bonds or other securities (including cash) in the portfolio, deduct relevant expenses, and divide the balance by the total share.

For example, a 500,000-share fund, whose assets include 9 million shares and10 million cash, should have a net asset value of 20 yuan (after deducting relevant expenses).

The cumulative net value is based on the unit net value, plus the historical dividend amount of the fund. Namely: cumulative net value = unit net value, each historical dividend.

Generally speaking, when buying and selling funds, we often pay attention to the net value of the unit; Only when we want to trace the long-term historical performance of the fund will we pay attention to the accumulated net value.

Extended data:

The valuation of fund unit net value refers to the estimation of fund net asset value at a certain price. Calculating the net asset value of unit fund is the key. Funds usually invest in various investment instruments in the securities market, such as stocks and bonds. Because the market price of these assets is constantly changing, only by recalculating the net asset value of the unit fund every day can the investment value of the fund be reflected in time. The valuation principles of fund assets are as follows:

1. Listed stocks and bonds are calculated according to the closing price on the calculation day. If there is no transaction on that day, it shall be calculated according to the closing price of the latest trading day.

2. Unlisted stocks are calculated at cost price.

3. Unlisted government bonds and unexpired time deposits are calculated according to the accrued interest plus principal on the valuation date.

4. In case of special circumstances, if it is impossible or inappropriate to determine the asset value in accordance with the above provisions, the fund manager shall handle it in accordance with the relevant provisions of the state.

Net asset value of fund units = (total assets-total liabilities)/total number of fund units, in which total assets refer to all assets owned by the fund, including stocks, bonds, bank deposits and other securities; Total liabilities refer to liabilities arising from fund operation and financing, including expenses payable to others and interest payable on funds. The total number of fund shares refers to the total number of fund shares issued at that time.

Cumulative unit net value = unit net value after the establishment of the fund+cumulative unit dividend amount (i.e. fund dividend). The level of fund net value is not the main basis for choosing a fund, but the future growth of fund net value is the key to judge the investment value. The level of net worth is not only influenced by the management ability of fund managers, but also by many other factors.

References:

Net value of fund unit-cumulative net value of Baidu Encyclopedia Fund-Baidu Encyclopedia