The front-end and back-end of the fund refer to two charging methods for fund subscription or subscription. The front end is to pay the subscription and subscription fees when purchasing the fund, and then calculate the fund share. The difference between the front end and the back end of the fund lies in:

1. Different payment methods: the fund front-end payment method refers to the payment method that investors pay the subscription (or subscription) fee when purchasing open-end funds; The back-end charging mode refers to the payment method that investors do not pay the subscription (or subscription) fee when buying an open-end fund, and then pay it when selling it.

2. The suitable long-term and short-term investments are different: the front-end method is classified according to the investment amount, which is suitable for short-term investments with large investment amount. The back-end subscription rate is graded according to the holding period. The longer the holding period, the lower the rate, which is suitable for people who want to make long-term investments.

3. Different subscription discounts: In the online subscription of funds, only the front-end fees can enjoy the subscription fee discount.