Off-exchange funds refer to the funds bought outside the stock exchange market, and the funds we buy through Alipay, banks and other channels are all off-exchange funds. Many investors don't know much about the fees of OTC funds, so what are the fees of OTC funds?

What are the OTC fund fees?

When purchasing OTC funds, the expenses mainly include subscription fee, redemption fee, management fee, custody fee and sales service fee. Among them, the first two are charged in one lump sum at the time of purchase and redemption; The latter three are the operating expenses of the fund, and the rate is the annual rate, which is charged during the holding of the fund. Not all of the above fees are charged, and the fees charged by funds with different charging modes are different.

The charging modes of OTC funds are divided into front-end mode and back-end mode, namely Class A and Class C. For Class A funds, subscription fees and redemption fees need to be charged; Class c funds do not need to charge subscription fees, and they are free of redemption fees for more than 7 days, but they need to charge sales service fees.

The above is about the sharing of OTC fund expenses, and I hope it will help everyone.