It needs to increase 20 points to recover the funds, because the net asset value of a fund unit is fixed, usually per fund unit 1 yuan. After investors invest in this fund, they can reinvest with the proceeds, and the investment income will accumulate continuously to increase the fund share owned by investors. For example, an investor who invests in a money market fund of 100 yuan can own 100 fund shares. After 1 year, if the return on investment is 8%, the investor will have 8 more fund shares, totaling 108, with a value of 108 yuan.

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The transaction costs of China's securities investment funds mainly include stamp duty, transaction commission, transfer fees, handling fee and securities management fee. To participate in inter-bank bond trading, it is also necessary to pay service fees for inter-bank accounts to China Government Securities Depository and Clearing Co., Ltd. and transaction fees to the National Interbank Funding Center.

Closed-end funds and LOF funds can be purchased in stock trading accounts of securities companies, and commissions are charged for on-site purchases, which are charged according to stocks. No stamp duty; The commission is generally 2 ‰ according to the regulations of the securities company.

After the fund trading account of the securities company is opened, you can buy the fund he represents. Whether to discount depends on the regulations of securities companies and fund companies. Some funds are discounted and some are not. The cost ranges from 0.6% to 1.5%.

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