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Why did the net value of some funds rise several times 10 and then fall below 0.25?
The increase of fund net value is actually the embodiment of fund company's investment and research ability and fund manager's personal ability.

Look at the funds managed by general star fund managers, and their performance is good. Funds managed by more radical fund managers have relatively large fluctuations in net value.

The net value of equity funds is obtained by dividing the market value of stocks held by fund shares with the cash of other financial assets.

The rise and fall of stocks have a great influence on the net value of funds, which is positively related.