The fund rate mentioned by Ji Min is the fund subscription rate, which refers to the proportion of expenses that investors need to pay when purchasing fund shares. Investors buy different funds, and the subscription rate may be different due to the size of the subscription amount.

Second, how to calculate the fund rate?

The fees paid by investors to fund companies and consignment agencies are mostly between 1%- 1.5%, and the subscription rate decreases with the increase of the amount. Generally speaking, the subscription fee for subscription through bank outlets is the highest, and the subscription fee for subscription through third-party sales platforms is lower.

Third, there are other rates besides the subscription rate.

In addition to the subscription rate, the fund also involves subscription fee, redemption fee, management fee, custody fee and sales service fee. Among them, the subscription fee and redemption fee are collected by investors when they conduct corresponding transactions, mostly around 0.5%. Management fee is the remuneration paid to the fund manager, which is generally extracted from the fund assets according to a certain proportion of the net asset value of the fund. The larger the fund scale, the lower the risk level at the end of the month and the lower the fund management fee, so the management fee of stock funds is higher than other funds. The management fees of stock funds are about 1.5%, index funds are about 1%, and bond funds are about 0.7%. Custody fee refers to the fee paid to the custodian bank in a certain proportion according to the net value of the fund, and the industry standard is about 0.25%.

Citizens can enjoy a certain percentage of discounts when purchasing funds on various fund websites or third-party fund sales websites. However, even if the rate is discounted again, for citizens who frequently apply for redemption, this fee will greatly reduce the expected annualized expected income of the fund. Therefore, for investment fund projects, it is necessary to have a clear understanding of the fund's rates and charges.