Due to the relatively good public offering performance of funds in recent years, funds have become very popular financial products at present, and many people have begun to contact funds. As we all know, there is a charge for buying funds, but some friends found that some funds charge and some don't. So what is going on? Let's look below.

Why do some funds charge and some don't?

There are many fees for the fund, including subscription fee, redemption fee, management fee, custody fee, sales service fee and so on. Some funds do not charge subscription fees when purchasing, which makes investors mistakenly think that funds do not charge fees.

The subscription fee for money funds is generally 0, and the subscription fee for class C funds is also 0. For Class C funds with a subscription fee of 0, there will generally be a corresponding sales service fee instead. The sales service fee is accrued on a daily basis and withdrawn on a monthly basis. The calculation formula of the daily sales service fee is = (the net asset value of the previous day × the annual sales service rate)/the actual number of days in the current year, all of which are paid from the fund assets, and there is no need to charge investors separately. "

Other back-end funds charge subscription fees when they are redeemed, which leads investors to have the illusion that they don't charge fees when they buy. The longer the back-end funds are generally held, the lower the rate.

In addition to the above funds, other funds are charged, but some fund sales platforms often have discounts. According to the specific discount, for example, some fund subscriptions will give a discount of 60%, 40% or even 1%. For example, the subscription rate of general funds is 1.5%, and the discounted subscription rate of 1 is 0. 15%. Like Tian Tian Fund Network, investors can choose some lower-cost platforms to buy.

In addition, it should be noted that funds should be held for a long time, because some funds have high fees for short-term holding. For example, if you hold it for less than 7 days, you will be charged a redemption fee of 1.50%, which is the highest rate, and then the rate will decrease with the increase of holding time. Therefore, if the fund chosen by investors is not bad, it is recommended to hold it for a long time.

Finally, remind investors that the fund is risky and investment needs to be cautious.