Fund market value = total share * unit net value, and the share is basically unchanged, unless:

New subscriptions and new investments will inevitably bring more shares.

When dividends are reinvested, the amount of dividends is directly converted into fund shares to increase the total share.

What changes is the net value of the fund, and the growth of the fund will fall through the net value. Dividends do not mean that you buy funds just to make money, because dividends will lead to a decline in net worth.

The net value of OTC transactions of money funds and wealth management funds is 1, which will not change. This kind of fund is quite special. Their growth is reflected in the increase of their share, some of which are increased every day and some are increased once a month.