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What does the decline in fund size mean?
The decline in the size of the fund shows that the subscription amount of the fund in this quarter is less than the redemption amount of the fund. Under normal circumstances, the decline of fund scale is caused by the decline of fund performance, which leads to the increase of redemption funds.

Fund size is a double-edged sword for fund managers. The scale is too large, the management is difficult, and the performance may not be too good; The scale is too small, easy to manage and easy to make achievements, but it can't bring a lot of fund management fees to fund companies. The interests of fund managers and clients are essentially non-conflicting.