Fund operating expenses are 1/75 points per day. To calculate the fund operating expenses for a year, you need to multiply by 365 days.
The specific calculation method is: 1/75 x 365 = 4.9%, that is, the fund operating expense for one year is 4.9%, not all deductions.
Fund operation fees are unavoidable expenses for fund management companies to maintain fund operations. They include fund investment, management, marketing, accounting and legal fees.
Fund operating fees will also vary according to different funds, management companies and market environments.