For example, whether a company (fund) makes money (fund net value) depends on its operation (fund investment channel). If you are a shareholder of this company (subscribed fund), and the company gains or loses, you will be given the corresponding dividend or loss amount according to the proportion of shareholders you hold (subscribed fund share). Whether a company makes money is related to the CEO (fund manager) who manages the company and his decision-making (investment channel of the fund).

Therefore, no matter how many shares you hold, it can only show that you will pay more dividends or lose more in the future. It has nothing to do with the profitability of the fund itself, that is, the net value of the fund. It's not the same as stocks.