1. As an investment tool, animation fund will be affected by the overall market risk.

2. The development of animation industry will directly affect the rise and fall of animation funds. If the animation industry develops vigorously and the market demand increases, it will drive the animation fund to rise. On the contrary, if the animation industry encounters difficulties and the operating conditions of enterprises decline, the animation foundation will be affected and fall.

3. Economic growth rate, inflation level, interest rate policy and other factors will have an impact on animation funds.