The fund charges 0.5% for 7 trading days. Because buying and redeeming for a period of time will increase the transaction cost, it is necessary to increase the cost to balance or control the short-term trading behavior. There are also shorter-term buying methods, such as Tian Tian Fund Network, Alipay Fund and WeChat Bitcom of Oriental Fortune Network, which can be bought and sold in a short period (3 days).

Open-end funds are charged, of course, money funds do not have to charge, mainly stock funds. Including subscription fee, management fee and custody fee, the general rate is 1.5%. Some sales organizations will give preferential treatment, and some even pay 0 subscription fee, which mainly depends on the sales organization.

Extended data:

The handling fee for buying and selling closed-end funds, commonly known as commission, is used to pay securities companies as the price of providing trading services. The upper limit of fund commission stipulated by laws and regulations is 0.3% of the amount of each transaction, and the lower limit of commission is RMB 5 yuan per transaction. Within this range, securities companies can determine their own expense ratio. Most brokers also charge 0.3% of the transaction amount as a handling fee for the trading of closed-end funds.

Baidu encyclopedia-fund handling fee