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Why can funds increase by more than 10%?

Open-end funds have no price limit, so there are cases where the price rise exceeds 10%, while closed-end funds (closed-end funds trade on the exchange market) and exchange-traded funds have price limits, and the price limit is 10%.

, so the increase can only reach 10% at most.

Funds generally will not rise by 10% or more than 10%, because the fund invests in a basket of stocks, and the rise or fall of the fund is mainly calculated from the stocks invested, so there is a probability that the growth will reach 10% or more than 10%.

very small.