(1) share scale can always get bigger. Theoretically, the share scale of open-end funds can always be increased, but if the share scale of funds is too large, it will not be conducive to fund managers to adjust positions. Therefore, in the actual operation of the fund, the fund manager will take certain measures to control the scale of the fund share within a certain range, such as restricting the purchase of the fund share.

(2) The scale of assets can always get bigger. The capital scale of open-end funds can always become larger, and the asset scale of funds will become larger whether the net value remains unchanged or the net value remains unchanged.

2. Closed-end funds.

(1) The share scale will not increase. The scale of closed share has been determined at the time of raising, and the fund share cannot be purchased and redeemed during the closed period, so its share scale has remained unchanged.

(2) The scale of assets can always get bigger. In the process of closed-end fund operation, the net value of the fund is constantly changing. As long as the net value of closed-end funds can keep rising, their asset scale can keep growing.

The influence of fund size on fund net value;

1, with a large amount of funds.

① When the market interest rate goes down, large-scale funds have stronger anti-risk ability and are less affected by the downward interest rate. At the same time, however, due to its huge scale, it is difficult to manage and adjust positions during operation, and the fund may face the situation that it needs to work hard to resist losses.

(2) When the market interest rate goes up, it is difficult for large-scale funds to adjust positions, and the investment catching-up ability is weak, so the income growth rate will not be too high. But also, if the investment products held by the fund skyrocket, the net value of the fund will also increase greatly.

(3) The large scale of the fund means that there are many investors involved. In the case of limited investment products, the income of each investor will be diluted.

(4) The scale of the fund is too large, and it has become the top ten shareholders of listed companies, and it cannot sell shares within six months. If the market outlook falls, you can only watch the net value of the fund fall.

2. The fund is small in scale.

① When the market interest rate goes down, the income of small-scale funds will drop faster, and the profits will be greatly diluted when funds flood in.

(2) When the market interest rate rises, it is easy for small-scale funds to switch positions and catch up with the wind faster, and the investment income will increase accordingly.

③ Smaller funds face greater risk of liquidation, because if the scale of a fund is less than 50 million yuan for 60 consecutive working days, the liquidation clause of the fund will be triggered.

3. The fund size is moderate. According to different fund products, the criteria for judging the appropriate scale of funds are different, but it is generally believed that the larger the scale of money funds and passive funds, the better. Other types of funds are generally considered to be moderate between 2 billion and 8 billion. Funds with moderate scale have flexible positions and strong risk resistance, and can also obtain relatively good investment returns.

Investors should choose the scale of fund products according to their own investment objectives and capital situation in order to maximize the income.