It is more cost-effective for investors to buy funds in the following ways:
1, compare different platform purchases.
Subscription rates are different for different platforms. Some platforms get a 10% discount, some get a 30% discount, and some don't even play. Therefore, investors should carefully analyze multiple platforms and choose the platform with lower rate when purchasing funds.
2. Buy Class C funds in the short term and Class A funds in the long term.
Class A shares include subscription fees and redemption fees. The longer you hold it, the less the redemption fee will be. If it is held for two years, the redemption fee is zero. There is no subscription fee for Class C shares, but there is a sales service fee and a redemption fee, which decreases with the increase of holding time. The sales service fee of Class C share is accrued daily and deducted directly from the fund assets, which is reflected in the daily net value. Hold for 7 days or more, the redemption rate of Class C shares is lower, and hold for 6 months or more, and Class C funds do not charge redemption fees. From the cost point of view, the long-term holding cost of class A funds is lower, and the short-term holding of class C funds is more cost-effective.
Step 3: Transform
Choosing conversion operation can save some procedural expenses, in which fund conversion refers to the act of converting one fund held by investors into another. Generally speaking, the procedural fee in the process of fund conversion is the sum of the redemption fee of the transferred fund and the subscription rate of the transferred fund, that is, the procedural fee = redemption fee of the transferred fund+subscription rate of the transferred fund. When the subscription rate of the transferred-out fund is lower than the subscription fee of the transferred-out fund, the fee will be charged according to the difference of the subscription fee calculated by the amount of the transferred-out fund; When the subscription rate of the transferred-out fund is higher than that of the transferred-in fund, no make-up fee will be charged.