What you should ask is the public offering of securities investment funds.
Public offering securities investment funds shall draw management fees according to the total assets under management in a fixed proportion. The rise and fall of the fund will affect the total assets, and then affect the amount of management fees to a certain extent, but the impact has not changed much.
Fund managers and the funds they manage should participate in the performance ranking in a certain period, and the rise and fall of funds have a great influence on this.
If the fund continues to fall, it will be closed. For example, when an ordinary fund is issued, it should be agreed that when the net value is less than how much money, the share holder can ask for liquidation.