Net unit value of the fund(Net Asset Value, NAV) is the net asset value of each fund unit, equal to the balance of the fund's total assets minus total liabilities divided by the total number of unit shares issued by the fund,Open-ended fundsoftheSubscription and redemptionIt's all done at this price.

The net asset value of a unit fund is the key to calculating the net asset value of a unit fund. Funds often invest in various investment instruments in the securities market, such as stocks, bonds, etc. Since the market prices of these assets are constantly changing, only by recalculating the net asset value of the unit fund on a daily basis can the investment value of the fund be reflected in a timely manner.

Calculation formula:Net fund unit value = total fund net asset value/total fund unit share,

Accumulated net value of fund unitsIt is the sum of the net unit value of the fund and the amount of accumulated unit dividends since the fund was established. It reflects data on all income of the fund since its establishment.

Calculation formula:Accumulated net value of fund unit = net value of fund unit+ (total amount of all dividends paid in fund history/total fund share)