The subscription and redemption of money funds are free, and there is no commission, no handling fee and no stamp duty, that is, zero rate. However, fund companies have to collect custody fees and management fees, which have been deducted from the daily income and do not need to be paid separately.

There are two ways to buy money funds: (1) Money funds listed and traded on Shanghai Stock Exchange and Shenzhen Stock Exchange can be traded through stock accounts, and the fund code and investment (redemption) amount can be entered. (2) Unlisted money funds can be purchased (redeemed) on the website of the fund company or the website of the consignment fund, and online banking is required. At the time of subscription, funds are transferred from online banking to monetary fund, and at the time of redemption, funds are transferred from monetary fund to online banking. Of course, you can also buy (redeem) the money fund directly in the bank.

Securities companies, money funds sell websites, banks, etc. And the monetary fund has to pay part of the management fee to it, which can also be regarded as the indirect cost paid by the citizens.