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What is the difference between Beijing Stock Exchange concept funds A and C?

The differences between the concept funds A and C of the Beijing Stock Exchange are as follows:

1. Fund A charges subscription fees, and the longer the redemption fee is held, the lower the redemption fee will be, and even the redemption fee will be exempted, while Fund C has no subscription fee, but there is a sales service fee, in which the sales service fee of Class C is accrued daily and directly deducted from the fund assets, which is also reflected in the daily net value.

for example, if Xiao Li buys 5, yuan of Class A concept fund of a North Exchange, and the subscription rate is charged at .15% of the turnover, then Xiao Li's subscription fee for the fund = 5,× .15% = 75 yuan, and he also needs to pay a redemption fee of 5, * .5% = 2,5 yuan when redeeming.

if you buy 1, yuan of a concept fund of Beijing Stock Exchange, the subscription fee will be zero, and if you hold it for more than 3 days, you will not be charged the redemption fee, but you need to deduct .8% of the annual sales service fee from the daily net value.

2. For investors, it is more cost-effective to hold Class C funds in the short term, which can save some formalities, while it is more cost-effective to hold Class A funds in the long term, with lower costs.