What are the fund transaction fees?
Fund transaction costs mainly include subscription fees, redemption fees, custody fees, management fees and sales service fees, and different types of fund transaction costs are different.
1 Fund subscription fee: subscription fee = subscription amount * subscription rate, and subscription fee is a one-time fee charged by investors when they purchase funds. This fee will be deducted directly from the fund share, and no extra fee will be charged when purchasing the fund.
2 Fund redemption fee: fund redemption fee = fund redemption share * fund unit net value * redemption rate. The redemption rate is determined according to the holding time of the fund. Usually, the fund with a holding time of less than 7 days has the highest redemption rate. If the fund has been held for more than 65,438+0 years, most funds are exempt from redemption rate.
The management fee and custody fee of the Fund are accrued daily and deducted directly from the assets of the Fund.
4 Fund sales service fee: This fee is only charged by Class C funds. Class C funds have no subscription fees and redemption fees, but only charge sales service fees. The longer the fund is held, the higher the fund sales service fee is, so Class C funds are more suitable for short-term investment.