What needs to be considered is why the fund has plummeted, whether it has frequently changed fund managers, whether the fund managers are poorly managed, or whether the market is not good, and the entire fund sector is falling.
If the fund frequently changes fund managers, the management ability of fund managers is not good, and most of the funds managed are negative returns, or the employment time is not long and the rate of return is very low, then you can consider selling.
If your fund's performance is not good, such as the fund with negative returns in the past year, the past two years and the past three years, you can also consider selling it.
But if the fund itself is good, the income in the past year, two years and three years is very good, and the income of the fund managed by the fund manager is also relatively high. However, due to the poor market conditions, the entire fund sector is falling, and we can continue to wait and see for some time.
If you think this fund has a future prospect, and the market is slowly turning around and the fund is rising, then you can consider covering your position after the fund falls sharply and earning back the lost money when the fund rises later.
It's just that money is risky. If investors want to keep it, they should consider the risk range they can bear. If they can't take great risks, they can also consider redemption.