There are two ways to judge the fund's ups and downs: the first way is to check the daily fund net worth estimate, which can judge whether the fund is losing money. Take Alipay Fund as an example: open Alipay App-click Finance-click Fund-select Fund-click Fund Details-click Net Value Estimation.

The second way is to look at the stock market. Investors can see the stocks invested by the fund in the fund positions and check the stock market when the stocks are about to close. Most of the stocks are rising, so the fund is profitable, and most of the stocks are falling, so the fund is losing money.