Many people think that our subscription fees are finally collected by fund companies, but in fact, it is difficult for fund companies to receive money.

So why do we have to pay the subscription fee when we buy Class A funds?

Because this subscription fee is charged by a third-party intermediary platform. Such as WeChat, Tian Tian Fund and Alipay.

Users can plant trees in Alipay to do public welfare, but Alipay will never do public welfare in this matter.

I don't believe he will do public welfare in this matter. The fund company must have made concessions on this matter. What is rude is the direct advertising fee, so ordinary users will see many fund recommendations on the home page.

There are also some agreements signed, which stipulate that the subscription fee will directly become the income of the platform, which is also the most important source of income for platforms like Alipay.

As long as you buy more funds, the amount is large and the quantity is large, the platform will get more subscription fees.

So from this point, we can also find that many bloggers start with tens of dollars and a bunch of people follow them every day. This is actually a cheap platform. Because the handling fee of the fund itself is not low, much higher than that of stocks, as long as these people operate every day, the intermediary platform is the most beneficial.

So you found two obvious styles of painting: the publicity copy of fund companies usually requires your long-term investment; However, fund bloggers of various intermediary platforms take you to operate almost every day because of the relationship.

There is also an obvious class C fund.

There is no subscription fee for Class C funds, but there is a unique fee called sales service fee. This kind of fee is basically collected directly by the platform and it is impossible to enter the account of the fund company.

This is the disadvantage of fund companies. Many platforms actually kidnapped fund companies.

Because fund companies do not have the advantages of traffic and publicity channels.

So even if we buy free subscription fees from the fund company official website or APP, not many people will buy directly under such circumstances.

Almost all choose a third-party app to buy.

Who will collect the redemption fee of the fund?

Redemption fee, relatively wise.

Because redemption usually has nothing to do with the intermediary sales platform, at this time, your funds are mainly in the form of stocks, bonds and currency positions, in the escrow account of the fund company.

As long as you choose to redeem your own fund share, the redemption fee will automatically enter the net assets of the fund.

So some time ago, we found that a fund soared by 30% in a single day, not because its shares rose, but only because a local investor of the fund operated a large redemption. The large redemption fee brought by the large redemption directly enters the net assets of the fund, so the net assets of the fund directly soar.

Finally, I will give you a summary.

Subscription fees are usually collected directly by the sales intermediary platform as the income of the platform self-police. It has nothing to do with fund companies.

The redemption fee is usually collected by the fund company, and the redemption fee collected directly goes into the fund's net assets account. Other investors who hold the fund can enjoy the increase brought by the redemption fee.