The same fund often has different shares, the most common of which are Class A shares and Class C shares. Although it is the same fund, we will find that there will be differences between Class A shares and Class C shares in fund net value and fund size. Why?

Generally speaking, the net value of class A shares of funds is higher than that of class C shares. It is mainly caused by different charging modes. Class A shares represent the front-end charging model. When purchasing a fund, the subscription fee will be deducted at one time and will not be reflected in the net value of the fund.

Class C shares do not charge subscription fees, but daily sales service fees are accrued and directly deducted from the fund assets, which is reflected in the daily net value. This will lead to a lower net value of Class C shares and will not affect the comparison of their investment values.

The assets corresponding to Class A shares and Class C shares of the same fund are essentially operated and invested in a unified way. Both Class A shares and Class C shares buy the same shares in the same proportion, except that some shares of this asset are classified as Class A shares and some shares are classified as Class C shares. If you don't consider any other factors, such as handling fees and redemption, the yield should be the same.

In actual investment, the C share of most funds is far less than the A share, mainly because of the charging mode, and most investors prefer to choose the A share. For example, it is definitely more cost-effective for investors who insist on long-term fixed investment to choose A share.

Investors don't need to worry about the difference between the two types of share returns because of different scales. Its share A and share C are combined, that is, the share A and share C are put together, and the difference between them is only the different charging methods.