Generally speaking, no matter how the fund falls, there is almost no possibility of falling. Because funds generally invest in dozens of stocks, if you want the fund to fall, unless these dozens of stocks go bankrupt. If you say that the fund has never stepped on thunder, many people may not believe it (neither do I), but it is almost impossible to step on dozens of stocks at the same time.

And if there is a negative situation, there is only one explanation, that is, the funds have been leveraged. For example, the accumulated net value of Soochow Convertible Bond Fund B (150 165) not only disappeared, but also fell to a negative number:

At present, there are three main types of funds involved in leverage:

1? Active bond fund

2? Funds that invest in stock index futures and commodity futures

3? Grading fund