The profit and loss of the Fund is measured by the unit net value, that is, the unit net value at the time of subscription is 65,438+0 yuan. If the net value becomes 0.9 yuan now, it is a loss 10%. However, investors actually have to pay 65,438+00% more because of subscription fee, redemption fee and management fee. The net value may not be 1 when buying a fund, but it is also the case.