The annual report also showed that due to the instability of overseas markets in the fourth quarter of last year, many stock and equity-oriented funds experienced negative net asset value (NAV) growth over the past three months. Notably, the Dacheng CSI 300 Index Fund saw a NAV growth of -4.24% in the fourth quarter of last year; the Yufu Fund under Bosera Asset Management had its NAV drop by 4.93%, while the Yulong Fund's NAV fell by 6.48%. Meanwhile, the resilience of money market and bond funds was validated.