First of all, due to the poor level of these fund managers, many funds have suffered serious losses in recent years, and their trading level is not as good as that of experienced retail investors. Secondly, most fund managers in China are unethical. When clients' funds reach them, they become tools for their personal gain. They try their best to transfer the hungry money into their pockets through the rat warehouse and IPO price in the secondary market, and they don't care about the benefits of being hungry at all.

The fund manager is just muddling along. They can still earn millions or even millions of dollars every year. How can you give dividends to hungry people?