First of all, it is the front-end charge. The default way is this, that is, when you buy every month, you have to pay the fixed investment fee of the fund in proportion, which increases the cost of fixed investment. If you buy at the bank counter, the handling fee is generally 1.2- 1.5%, while if you buy online, the handling fee is 60-20%. If you buy on the fund company's website, the handling fee can be as low as 40%.

The second is the back-end charging (the fund needs to support the back-end charging model). That is, the fund will not charge a fixed investment fee when buying every month, and will charge subscription fees at different rates according to the holding time when redeeming. In order to encourage long-term investment, when the back-end charging mode reaches the time specified by the fund company (ranging from 3- 10 years), redemption will be carried out. In this case, there is no handling fee, which saves a lot of handling fees for the fixed investment of the fund in the long run.

In addition, there is a redemption fee ranging from 0.25% to 0.5% when the fund is redeemed. With the increase of the holding time of the fund, the redemption fee will generally decrease or even be zero.