The net value of Southern Global Select (202801) today is 0.8331. The value before management fees and custody fees were deducted when subscribing in 2007 = 8549.28 × 0.8331 = 7122.40, and the fees of this fund are higher.

Subscription rate (within front-end 100W): 1.50% Management rate (annual): 1.85% Custody rate (annual): 0.30% So currently, your income is negative, so the less

Part of it is losses, management fees, custody fees and subscription fees.