Current location - Trademark Inquiry Complete Network - Tian Tian Fund - When ICBC bought 1 0,000 yuan Huaxia Cash Profit-increasing Monetary Fund, it mentioned front-end charges. What is this? How much is the charge?
When ICBC bought 1 0,000 yuan Huaxia Cash Profit-increasing Monetary Fund, it mentioned front-end charges. What is this? How much is the charge?
There are two ways for open-end funds to collect subscription fees, one is called front-end fee, and the other is called back-end fee. Front-end charge refers to the payment method of subscription/subscription fee when subscribing and purchasing funds. Back-end charge refers to the payment method of not paying the subscription fee when buying an open-end fund and then paying it when selling it.

But the money fund itself does not need a subscription fee, so it will not charge you. Take it easy.