What is the NAV of the Fund, the NAV per unit, the cumulative NAV

Hello, the net asset value is the balance of the total market value of the assets after deducting the liabilities at a certain point in time, which represents the equity of the holders. The net asset value of the unit, that is, the net value of the asset represented by each unit.

Net Unit Value (Total Assets Total Liabilities) **Total Number of Units, where 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 Net Value Net Unit Value **Cumulative unit dividend amount after establishment (no split).

Cumulative net value = (unit net value + dividend after split) * split ratio + dividend before split (with split and dividend).

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. If it has been established for a long time, or has grown rapidly since its establishment, the net value of ** will naturally be relatively high; If the establishment time of ** is short, or the time of entry is not good, it may make the net value of ** relatively low.

Therefore, if you only use the current net worth as the criterion for whether to buy, you will often make the wrong decision. Buying ** or looking at the future growth of net worth is the right investment policy.

The cumulative net value refers to the sum of the latest net value and the dividend performance since its establishment, reflecting 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 the company during the operation period, and can more accurately reflect the real performance level of the company in combination with the operation time. Generally speaking, the higher the cumulative net worth, the better the performance.

Cumulative net value of shares = **net value of shares + cumulative dividends after establishment of **.

Net value refers to the total value of assets minus the expenses that can be deducted from assets in accordance with relevant national regulations.

Net Unit Value (NAV) is the value of the Net Asset Value divided by the total number of Units on the Calculation Date.

Net asset value is the balance of the total market value of assets after deducting liabilities at a certain point in time, representing the equity of the holder. The net asset value of each unit is the net asset value represented by each unit.

Unit **Net Asset Value = (Total Assets - Total Liabilities) **Total Number of Shares.

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 number of shares refers to the total number of units outstanding at that time.

The 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 the company during the operation period, and can more accurately reflect the real performance level of the company in combination with the operation time.

Cumulative Net Value of Shares Net Value of Shares Cumulative dividend amount of shares after establishment.

For example, a ** has paid dividends, and the dividend is 2 yuan for every 10 shares. If the net value of the ** share announced on the day is RMB, then the cumulative net value of the share is RMB.

The net asset value of each unit is the value of the asset represented by each unit.

**Net value of the unit = total value of net assets **Total share of the unit (**total net asset value **Total assets - **total liabilities) **Cumulative net value refers to the sum of the latest net value announced by the company 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 be more accurately reflected** The true level of performance.

**Cumulative net value of shares**Net value of unit of shares**Cumulative dividend amount of shares after establishment.

1. The net value of ** unit is the net asset value of each ** unit, which is equal to the balance of **'s total assets minus total liabilities and divided by ** the total number of units issued by **.

The subscription and redemption of open-ended ** are carried out with this **. A closed-end transaction is a market that is known at the time of the buying and selling; In contrast, open-ended Unit trading is based on the net asset value of Units that is not known at the time of subscription and redemption (but can be calculated after the market closes on the same day and announced on the next trading day).

2. The 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 the company during the operation period, and can more accurately reflect the real performance level of the company in combination with the operation time. Generally speaking, the higher the cumulative net worth, the better the performance.