The sharp decline of the fund indicates the decline of the investment target of the fund. For example, stock funds mainly invest in a basket of stocks, and the rise and fall of the fund is determined by the stocks invested. When the invested stock falls, the fund will also fall, and when the invested stock rises, the fund will also rise.

Funds are divided into money funds, bond funds, hybrid funds, stock funds, index funds, etf funds and so on. According to the investment target, the rise and fall of the fund is determined by the investment target.