This does not mean that large funds are better than small funds. At most, it can be said that small funds sometimes exhibit stronger dynamic changes than large funds.
Because as a large fund, as its manager, these funds will be invested in categories.
If it is a dynamic type, that is to say a risky type, it will invest more in stocks and less in bonds or other funds. In this way, the overall fund will fluctuate greatly and the possibility of following the stock market is very high.
That is to say, systemic risks are not dispersed to the maximum extent.
But if it is a stable type, it will invest more in the latter two and less in the former.
If the fund size is small, it is likely that it is a fund of the same fund management company and is used for venture capital investment.