This phenomenon began in 2008, and the sales channels sold funds in the bull market by applying for redemption fees, not looking up to this piece; Bear market, customers do not buy funds, the value of this income is reflected. At first, some banks began to collect money from fund companies. When it is high, the proportion can receive 60% to 70%.
brief introduction
You are like the sales department of our company. They travel a lot, don't they? They invite customers to dinner and give them presents. These expenses are basically customer maintenance fees.
For funds, they also have similar expenses, such as this 40%, that is, who will pay for this 40% management fee? Give them sales channels, such as this bank and this online sales channel.