The increase in the net value of the fund represents appreciation, but whether to make money or not should be compared with the net cost of buying the fund yourself. In addition, even if the net value of the fund declines, which may be caused by dividends, it is necessary to consider whether to make money by combining the net cost and dividends.

Fund profit and loss = total share * latest net value+(cash dividend)-total cost. If you look at this formula, you can see that the increase of net worth will definitely increase the result of this calculation, but the following cash dividends also need to be considered together.