Class C funds do not need subscription fees when purchasing, and they are sold when redemption fees are charged according to the holding time. Generally speaking, most index funds are held for more than 7 days, while stock C funds are held for more than 30 days without redemption fee (see fund announcement), so there is a charge for selling C funds in the short term, and there is no redemption fee for holding C funds in the long term.

Class C funds do not charge subscription fees, but charge sales fees. Sales expenses are deducted from the net value of the fund every day, and there is no need to pay extra fees when selling. Because the expenses are in the net value, the net value of class C funds is lower than that of class A funds. Assuming that the fund rises sharply, or investors hold it for a long time, the planned cost will exceed the subscription cost, and it is not recommended to hold Class C funds for a long time.