The net value of wealth management products, that is, the net asset value of each fund unit, refers to the current total net assets of the fund divided by the total share of the fund. Its calculation formula is: fund unit net value = total assets net value/fund share. Net worth is the balance of the total market value of funds, stocks, foreign exchange, futures and other assets at a certain point MINUS liabilities, representing the rights and interests of fund or stock holders. The latest net value is the balance of the total market value of fund or stock assets after deducting liabilities, which represents the interests of fund or stock holders.
Net worth information is usually visible in the information center of net worth wealth management products, which means that wealth management products will be purchased and redeemed according to net worth like funds. The net value of financial products can be simply understood as the unit price of products, that is, the price needed to buy a financial product. The initial net value of wealth management products is generally 1, which means that it takes 1 yuan to buy a wealth management product. The net value of products is not fixed, and it will be updated and changed regularly. Before purchasing wealth management products, you should make sure that you fully understand the investment nature and risks involved in wealth management products, understand and carefully evaluate the basic information such as capital investment and risk types of wealth management products, and participate in the transaction independently through your own judgment on the basis of fully understanding and understanding the risks involved in wealth management products, and voluntarily bear the relevant risks. After careful consideration, you decide to buy a financial product that matches its risk tolerance and asset management needs. Cumulative net value is the sum of accumulated unit dividends, representing the accumulated income since the establishment of the fund. Generally speaking, the cumulative net value can more comprehensively see the historical performance of the fund in the operation process and more accurately reflect the real performance level of the fund. The accumulated net value is based on the net value of the fund unit and the historical dividend amount.
The calculation formula of annualized expected rate of return of wealth management products is: annualized expected rate of return = (current net value-initial net value)/initial net value/days of establishment *365 days. As investors hold it for one year, the expected annualized expected rate of return is: (1.2-1)1/365 * 365 ≈ 20%. In the calculation of the above expected income, the product service fee is not considered. In fact, most financial products will charge different proportions of service fees such as custody fees and sales service fees, so the actual expected rate of return is low.