Hello. Buying a fund is just a way of investing. In fact, whether it is investment funds, stocks, real estate or stamps, there are investment risks. As long as it is a risky investment, there are gains and losses. There are many factors that affect whether you make money or lose money. There are macro factors, such as inflation, monetary tightening and political changes. And micro factors, such as fund investment strategy, fund manager operation mode, etc. If you buy a fund, you can get the following benefits: interest, dividends and speculative spreads. If you don't sell the fund for a long time, you will get interest and dividends every year, but the speculative spread may be positive or negative: if the net value of the fund falls and the loss is greater than the interest and dividends you get, then you will lose. If the net value of the fund rises, it will still make money even if it does not participate in obtaining interest and dividends.