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Why does the net cost of the fund increase?
After the net value of the fund rises, the net cost will increase after investing more principal to buy the fund.

For example, if you buy a fund, the principal 10000 yuan, and the net value is 1.0000 yuan. You can buy 10000 copies without handling fee. At this time, the net cost is 1 yuan, because there is only one sum, and the handling fee is not included. When the net value rose to 1.5 yuan, it bought 1 ten thousand yuan again, with a share of 6666.67. The total share is 16666.67 copies, and the total cost is 20,000 yuan. At this time, the net cost is 20000/16666.67 =1.2 yuan.

Continue to buy in the rise, it will be too high net cost; On the contrary, continuing to buy when falling will reduce the net cost.