The difference between net value and cumulative net value in a fund

There were 3 eggs in the coop yesterday (yesterday's net worth); Today the hens came down 2 more, and there were a total of 5 eggs in the coop (today's net value); With the addition of the 10 eggs you picked up before (the sum of the dividends), the hen has laid a total of 15 eggs (cumulative net value).

The distinction is clear, and the following is a digression. The cumulative net value only illustrates the total return since its issuance and does not show its profitability. ** Good or bad depends on the rate of return. Please pay more attention to the yield!

Good luck with your investment!

8.**Net asset value per unit.

NAV per unit is the value of NAV divided by the total number of units on the calculation date.

9.**Cumulative net worth.

The cumulative net value is the sum of the net asset value per unit and the accumulated dividends since its establishment.

Equity refers to the net value that has just been offered or split.

Cumulative equity refers to the total equity before the split.

**Difference between cumulative net value and unit net value.

The net unit value refers to the unit value of the ** on a certain day, that is, the ** on the ** day. For open-ended **, ** companies will generally publish the net unit value of that ** on a daily basis. For closed-end units, the net unit value is generally published once a week; The cumulative net value is the cumulative increase and decrease of the daily increase and decrease since its establishment.

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Hello, **net value generally refers to the unit net value, generally speaking, the unit net value is the sum of the value of ** Zheng Liang, warrants, bonds, cash, notes, etc. on the day after the market closes on the trading day, and the sum of the value of the ** warrants, bonds, cash, notes, etc. on the day is divided by the total share of the day, and the net value of the unit on the day is obtained. For example, if the total asset value is 200 million on a certain day, and the total share of ** on that day is 100 million, the net value of the unit is 2 yuan. Generally speaking, the net value of the unit fluctuates from day to day, as the total value of assets and the total share fluctuate randomly.

The cumulative net value is the net value of the ** since the establishment of the issuance, including dividends, split shares, etc. If a ** has not been divided into dividends since its issuance, the share will be split, and the net value of the unit will be equal to the cumulative net value. Otherwise, the cumulative net value is generally greater than the unit net value.

For example, the unit net value of the yuan** determines the dividend yuan for each cluster. After the dividend is ex-righteous, the net value of the ** unit is RMB, and the cumulative net value is RMB (each share of RMB is converted into cash and enters the investor's account).

The cumulative net value refers to the establishment of the company, the net value is, the higher the cumulative net value represents, the better the performance, and also reflects the manager's management level from the side, which can be used as a reference index when investors choose.

Extended information] **Cumulative net value refers to the sum of the latest net value and the dividend performance since its establishment, which reflects the cumulative income obtained since its inception (minus the face value of one yuan is the actual income), which can more intuitively and comprehensively reflect the historical performance of ** during the operation period, combined with the operation time of **, it can more accurately reflect the real performance level of **.

Units **Net Asset Value = (Total Assets Total Liabilities) **Total Number of Units. Among them, total assets refer to all assets owned by **, including **, bonds, bank deposits and other valuable**; Total liabilities refer to the liabilities formed during the operation and financing, including various expenses payable to others, interest payable on funds, etc.; Total Units refers to the total number of Units outstanding at that time.

Cumulative unit net value = unit net value + ** cumulative unit dividend amount after establishment (i.e. ** dividends). The level of net worth is not the main basis for choosing, but the future growth of net worth is the key to judging the value of investment. In addition to the influence of the manager's management ability, the level of net worth is also affected by many other factors.

Cumulative NAV Growth Rate: The cumulative NAV growth rate refers to the growth rate of NAV over a certain period of time (e.g. one year, half a year, three months, etc.). It can be used to evaluate the performance of ** over a certain period of time.

Cumulative Net Value Growth Rate = (Cumulative Net Value at the End of the Period - Cumulative Net Value at the Beginning of the Period) Net Unit Value at the Beginning of the Period.

For example, if the current cumulative net value of a ** share is RMB, and the unit face value is RMB, the cumulative net value growth rate of the ** is 18%. Of course, the cumulative net value growth rate should also be linked to the length of the operation time, if a ** has just been established, its cumulative net value growth rate will generally be lower than the comparable type of ** with a longer operation time.

So what we see is the unit net value, which does not include dividends and splits, and the dividends and splits are called cumulative net values. It is what extent has his net worth developed from its inception to the present, plus the dividendsWith the most primitive share he had ever split, how much is he worth now? That's called the cumulative net value.

The net value of the unit is the net value after deducting some dividends, there is nothing else, only this one net value, this is the net value of the unit, the cumulative net value, it is accumulated a little bit many times, not the net value of one time, accumulated many times, this is the cumulative net value, and the difference between them is relatively large.