Supplement: You need to ask the staff of ICBC. If one month's amount is deducted, it may be a system problem. ICBC has been upgrading its system recently, which may be the reason.

The back-end charges are settled at the time of redemption, and the decrease of your money is caused by the decrease of your net worth.

Back-end charges refer to the settlement of subscription and redemption fees at redemption. Generally, if it is held for more than 5 years, it is free of charge.

Front-end charge refers to deducting the subscription fee at the time of subscription.

Because your fund's net value is falling, resulting in asset impairment and less money.

Guangfa jufeng

Net value on subscription date: 0.4503

Net value of redemption date: 0.4478