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What is the relationship between the fund company's loss and the fund's net value?
There is no direct relationship. The profit and loss of fund companies are mainly obtained through operations and have little to do with the net value of funds. For example, last year's China Post Fund, the net value of the previous period increased rapidly, but the fund company has been operating at a loss. Of course, there is also an indirect relationship. It's like a company selling things. If things are good, they don't necessarily make money, and if things are bad, they don't necessarily lose money. The net value is the goods that the fund company wants to sell. If the goods are good, we can only say that it is possible to make more money, but not necessarily.