AC is a different charging method for the same fund. Class A is the front-end subscription fee, and Class C has no subscription fee. After that, the sales service fee is accrued from the fund assets. Generally, Class A is more suitable for long-term holding, while Class C is more suitable for short-term holding.
Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.