Fund is a common investment method, and there are many types of funds, including money funds, bond funds, stock funds and hybrid funds. In addition, according to the different fund costs, it can also be divided into class A funds, class B funds and class C funds. Different types of funds have different fees. So there is no charge for holding fund C for 7 days? Let's get to know each other.

Is there no charge for selling Class C funds after 7 days?

It is not free for the fund C to sell for 7 days, but the charging type is different. Under normal circumstances, there is no need to charge a redemption fee for selling Class C funds after 7 days. Class C funds themselves are not front-end or back-end funds, but class C funds charge sales service fees, which are accrued from the fund assets on a daily basis according to the holding time of investors, and a sales service fee is charged every day.

For Class C funds, sales service fees are usually charged from the fund assets every day. After the fund is sold, investors no longer need to pay the fund's sales service fee separately. Usually, investors have deducted this fee when selling funds.

Investors think that there is no charge for selling funds for 7 days, which may be a mistake in the type of funds. Generally speaking, for funds with front-end fees such as Class A funds, there are often many funds that stipulate that the fund redemption fee will be waived after 7 days of holding. Of course, it is even more required to hold the fund 1 year, so that the redemption fee of the fund can be exempted.