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Question: What does it mean that the money fund is divided into A and B?
Monetary Fund A is for retail investors, and there is generally no limit on the number; Monetary Fund B is for institutions, and each company is different. Generally, the fund share is required to be more than 6,543,800+million.

A and B operate together, but because B has a large number of people and a small proportion of management fees, the income is generally higher than A.

There are the following differences between IMF A and IMF B:

1, the fund code is different.

2. The sales service rate (annual fee) is different. The annual sales service rate of the Monetary Fund is 0.25%; The annual sales service rate of Monetary Fund B is 0.0 1%.

3. The minimum amount of initial subscription/subscription is different. The minimum initial subscription amount of Monetary Fund A is 1000 yuan; The minimum initial subscription amount of Monetary Fund B is 5 million yuan (or100000 yuan).

4. The minimum amount of additional subscription/subscription is different. The minimum amount of additional subscription/subscription of Monetary Fund A is 1000 yuan; The minimum amount of additional subscription/subscription of Monetary Fund B is RMB 654.38+10,000.

5. The minimum reserved share in the sales organization is different. The minimum reserved share of Monetary Fund A in the sales organization is 1000; The minimum reserved share of Monetary Fund B in the sales organization is 5 million copies (or 6,543.8+million copies).