It's not a scam, a fund can lose more than 30%, and the high probability is a fund that has a lot to do with stocks. Because once the stock falls, it can be said that it is easy to fall more than 30%. Funds with stocks as their main investment targets will naturally be dragged down by the stock market crash.

However, the difference between funds and stocks is that funds are invested in many stocks, and each stock does not occupy a lot of money. Therefore, a single stock plummets, even if it is a stock that the fund invests more, it will not lead to a sharp decline in the fund.

Only when most or even all of the stocks invested by the fund plummet, the fund is more likely to plummet. At this time, the market for fund investment must have entered a bear market. Because the fund has a minimum position limit, when the whole market plummets, the fund can't stay out of it and can only bear it passively, and the loss is almost inevitable.

But for the whole market, it can't be a bear market forever, and there will always be a turnaround. As long as they can persist until the arrival of the bull market, most funds can still earn back the money lost in the bear market.