The risk is a large sharing ratio, and the advantage is flexible position adjustment.

1. The risk sharing ratio is large. Funds with total assets of less than RMB 200 million are considered small-scale funds. Due to their small size, they will have a higher unit share, that is, the risk of a large allocation ratio.

2. The advantage is flexible position adjustment. Funds with total fund assets of less than 200 million are more able to adapt to the changing market and can respond quickly to the market, so their advantage is that they can adjust positions flexibly.