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How is the fund handling fee charged?
Buying a fund requires not only the cost, that is, the principal, but also some extra money, that is, the handling fee. Many people are not very clear about the handling fee for buying funds. I'll tell you what the handling fee is for buying a fund.

How is the fund handling fee charged?

Generally speaking, the handling fee for buying a fund is charged in both directions, that is, when buying and when selling. Generally, the expenses for buying a fund are subscription fee, subscription fee and redemption fee. The handling fee of closed-end fund trading, commonly known as commission, has an upper limit of 0.3% of each transaction amount and a lower limit of RMB 5 yuan per transaction. The subscription rate of open-end funds is 1.2%, the subscription rate is 1.5%, and the redemption rate is 0.5% (money market funds are free).

What costs and how much it costs to buy a fund are related to the type of fund, and some management fees are also required to be collected by the platform.

The calculation formula of fund subscription is: subscription fee = subscription amount × subscription rate.

The calculation formula of fund subscription is: subscription fee = subscription amount × subscription rate.

The calculation formula of fund redemption is: redemption fee = redemption share × net value of fund unit on redemption day × redemption rate.

The redemption rate varies with the holding time of the fund. If the holding time is less than 7 days, the redemption rate is 65438+ 0.50% of the redemption amount; If it is held for more than 7 days but not more than 1 year, the redemption rate is 0.5%; If the holding time is longer than 1 year and less than 2 years, the redemption rate is 0.25%; If it has been held for more than 2 years, the redemption rate is 0.

After reading the above introduction, I believe everyone has a more comprehensive understanding of how to collect fund fees. When you buy a fund, you will be shown in detail what the cost and rate are. You can read it carefully before you buy it and then decide whether to buy it or not.