- Unit net worth : Fund unit net worth = (total fund assets – total fund liabilities)/total fund shares. Simply put, it’s how much you need to pay to buy a share of the fund. For example, the unit net value of A fund is 2 yuan, then you can buy 500 shares of A fund for 1,000 yuan.
- Accumulated net worth: Cumulative net worth = unit net worth + accumulated unit dividends after the establishment of the fund . The profit of the fund is continuously calculated after excluding the two mechanisms of dividend distribution and splitting. The cumulative net value, to some extent, reflects all the income the fund has made since its establishment (minus the face value of 1 yuan is the actual income)
Suppose Fund A issues 500 shares and the net value of the unit is 2 yuan. You spend 1,000 yuan to buy it all. After a period of time, the fund’s investment profit becomes 1,500 yuan in total. At this time, the unit’s net value is 3 yuan, and the fund decides to take out 500 of it. Dividends, then the net value of the unit becomes (1500-500)/500=2 yuan, but the cumulative net value is still 3 yuan.
- Net worth estimation: Since the net worth of the fund is updated at 15:00 every day, the changes in net worth are not known during the intraday, so the net worth is estimated according to the constituent stocks and positions of the fund, but this is only an estimate, using all The equity holdings and equity estimates reported in previous reports tend to differ somewhat from the actual equity updated that night, but not by much.
- Fund scale : It is better to have a medium-to-high scale among similar funds, with a capital of more than 1 billion yuan.
- Establishment date: Generally, the longer the establishment time, the more sustainable the performance can be seen. For example , the small and medium-sized market of E Fund has achieved an excellent performance of 10 times in the 12 years since its establishment.
- Fund manager : Click here to see the fund manager’s years of employment and historical performance. Sometimes a fund has been performing well before, but after changing the fund manager, it collapses. Fund managers should have worked for more than 5 years and have at least one round of bull and bear. The winners of the Golden Bull Award are generally very good head fund managers, which can be used for reference