Class A fund representatives charge subscription fees and redemption fees. The subscription fee is reduced by 10% if you buy a fund of a third-party platform now, or you can buy a fund of a money fund in official website without the subscription fee. The redemption fee is generally 0.5%. Long-term investment, no redemption fee. Class C representatives do not charge subscription fees and redemption fees, but only charge about 0.25% sales service fees. It should be noted here that this sales service fee is charged annually.
According to different standards, securities investment funds can be divided into different types:
(1) According to whether the fund unit can be increased or redeemed, it can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.
(2) According to different organizational forms, it can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds. 、
(3) According to the different investment risks and returns, it can be divided into growth funds, income funds and balanced funds.
(4) According to different investors, it can be divided into bond funds, stock funds, money funds and hybrid funds.