Class C funds shall not be held for more than 9 months. The biggest advantage of Class C fund itself is that it does not charge any subscription fee, but it will charge 0.3% sales service fee every year. Therefore, if investors choose short-term investment, they can choose class C funds, which can save a sales service fee. If investors choose long-term investment, they can choose Class A funds, which have no sales service fees and only charge subscription fees at the beginning.

Introduction of funds A, B and C

1, Class A funds are charged at the front end, usually the subscription fee is charged, and it is no longer charged at the later stage. This kind of fund is more suitable for long-term investment, and investors should not expect too much;

2. Class B funds are back-end fees, and the fees charged will be higher than those of Class A funds. If investors hold it for a long time, the cost of such funds will decrease with the increase of holding time;

3. Class C funds have no subscription fee, but they will charge 0.3% sales service fee every year. Compared with Class B funds, its handling fee is relatively low and it is more suitable for short-term investment.

1.C funds refer to sales service funds, which are calculated on a daily basis and do not pay subscription fees. A, B and C funds are classified according to different charging modes. Class A belongs to the front-end charging mode, that is, the fund company will deduct the expenses while purchasing the fund. Class B is the back-end charging mode, that is, the subscription fee and service fee are deducted when the fund is redeemed, and Class C does not need to pay the subscription fee, but only needs to calculate the sales service fee on a daily basis.

Second, although Class C funds do not charge fees at the time of subscription, they charge sales service fees every year. Generally speaking, Class C funds do not charge redemption fees for more than 7 days, which is very suitable for short-term investors to invest. Class C funds are designed to meet the needs of short-term investors. Because their fees are calculated on a daily basis, if investors want to hold the fund for a long time, it is not suitable to buy a class C fund. Assume that Class A funds charge 1% service fee, while Class C funds charge 0.4% service fee. In a short time, Class C fees are lower than Class A fees. However, with the passage of time, the service fee of Class C funds will be higher than that of Class A funds.