In 20 12, the annual capital loss was 500.4 billion yuan, and the management fee was 28.864 billion yuan. Last year, the overall losses of various funds reached 500.4 billion yuan, except for money market funds and capital preservation funds, all others suffered losses. The losses of stock funds and hybrid funds were 365.438+047 billion yuan and 654.38+0523 billion yuan, respectively, and their total losses reached 467 billion yuan, accounting for 9.33 billion of the total losses.